Tag: Shagang steel scrap purchase prices
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China: Shagang Group reports growth in revenues in Q3 CY’20
China’s largest EAF steelmaker- Shagang steel has recently announced its third quarter results. The company registered total revenue of RMB 3,913 mn in Q3 CY’20, up by 5% q-o-q. The company recorded its gross profit at RMB 515.90 mn in Q3. Revenues reflect an increase in demand for the Company’s products and services due to…