• 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

Russia’s NLMK sales of steel products up in H1...
Industry activities
31 Jul 2015 14:08
Nippon Steel to cut production of crude steel by 6...
Industry activities
31 Jul 2015 11:12
Steelmakers in US file petitions of antidumping ag...
Industry activities
31 Jul 2015 10:51
India's Mesco Steel plans to improve production ca...
Industry activities
31 Jul 2015 09:33
CIS countries’ crude steel output decreases by 10....
Industry activities
30 Jul 2015 16:19
Most Popular