Make your home page  |  Add to Favorites
Home  |  Sign In  |  Join Free  |  Member Center  |  Help
Sorry,No Records!
English     Chinese
China Product Yahoo pages Google pages Bing pages
Photo News
Information detail
Many Chinese steel producers record reduced profits for Jan-Sept
Source:Site  Hits:2511  【Font:Big Middle Small【All Infomation】

Of the 23 Chinese listed steel companies which have announced their financial results for January-September this year, just two companies - Guangzhou Iron and Steel Enterprise Co. and Hunan Province-based Valin Steel - suffered losses, according to China-based media company Phoenix New Media. However, Valin Steel has posted a net profit of RMB 45 million ($7 million) for the third quarter.

Among the other Chinese steel companies, nine recorded year-on-year declines in profit in the January-September period. In particular, Hunan-based Chinese steelmaker Pangang Group Steel Vanadium and Titanium Co. saw the largest decline year on year in net profit - a fall of 99.02 percent - in the given period. The main factors in the decline were given as low steel product prices and increasing raw material prices.

Previous:France’s new passenger vehicle registrations down 0.4% in Oct from Sept
Next:Outotec to supply ferrochrome plant to TISCO JV in China
AboutUs  |  Service  |  Advertising  |  Business  |  Customer Service  |  Help  |  Contact Us  |  Announcement  |  Links  |  Messages
[ICP 1100473]   Copyright   jinmao foundry(芜湖市金贸商务科技有限公司)
etwork Tel :(86)0553-7258567 / 7252588   Fax Tel:(86)0553-7257789 地址:安徽省芜湖市繁昌孙村工业园区