Baosteel Group, the largest steel smelter in China by output, has predicted yearly profit growth of six to eight fold this year. The company registered 8.1 billion yuan ($1.2 billion) of profits in the first three quarters, up 174.6 ...
Tags: Iron, Steel, Steed Bar, Medium Plates, Cold-Rolled Sheets
On January 16, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) announced that it returned to profit in 2013 following the strong net loss it had recorded in 2012. Accordingly, the group has posted a net ...
Tags: Ansteel Group, Mineral