• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

Chinese Chalco & Angang may see profit down in 2011

  • A
  • A
  • A
According to report, China’s Aluminum Corp and Angang Steel Co. see their profit may hurt in 1011.

Chalco said it saw higher electricity costs and dropping aluminum prices would reduce its 2011 net profit by more than 50%.

China’s Angang reported it may experience net loss of 2011 as steel product prices slump a lot in the fourth quarter.
News Date 31 Jan 2012 16:29:54 reported by Judy Lin

Japan’s JFE steel and Germany ThyssenKrupp to sign...
Industry activities
25 Aug 2016 09:43
South Africa and ArcelorMittal reach steel pricing...
Industry activities
24 Aug 2016 16:55
Hyundai Steel plans to add new steel capacity of 1...
Industry activities
24 Aug 2016 12:23
India Orissa plans to proceed three iron ore mines...
Industry activities
24 Aug 2016 11:06
US DOC plans to set up a new global steel trade mo...
Industry activities
23 Aug 2016 09:23
Most Popular