Tag: China’s Shagang Steel quarterly result 2021

China’s largest EAF steelmaker – Shagang Steel has released its quarterly results today for Q1CY ’21. The company has achieved a total operating income of RMB 4.1 billion, an increase of 49% y-o-y. Net profit of RMB 220 million, up by 128.9% y-o-y. Boosted by the rise of steel prices and sales volumes, the company…