08
Jan
05:56
Zhaogang profits soar in 2017
Major Chinese online steel trading platform Zhaogang saw net profit hit CNY 100 million ($15.42m) in 2017, a ten-fold increase on 2016, according to chief executive Wang Dong, Kallanish notes.
Zhaogang is one of the leading online steel sales platforms to appear in China in recent years. It charges commission on steel traded through its online platform, and also provides logistics and financial services to traders. Steel users, brokers and steel mills …
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Anonymous
Very good overview of the weekly steel market.
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