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Most Chinese Steel Mills Posted Lower Profits In First Quarter Except for Two Companies hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Of the 26 listed iron and steel smelting companies in the first quarter of this year, 24 reported declining profits or increasing losses. Maanshan Iron & Steel Co., Ltd. (600808.SH) and Taigang Stainless Steel (000825.SH) reported losses, with a quarterly loss exceeding 500 million yuan. ....
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