Author: Nishtha Mukherjee
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China: Listed steel cos’ Q3 slows down, Q4 looks weak
The operating income and net profits of China’s listed steel companies have shown substantial y-o-y growth in the first three quarters of this year, benefiting from the boom in the steel industry. However Q4 looks weak. Profit growth slows in Q3 From Q3 standpoint, the overall growth rate in revenues and profits slowed down. The…