• 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

Tata to develop new ferrochrome plant in Odisha...
Industry activities
06 Dec 2016 13:46
Posco to adjust domestic and overseas steel proces...
Industry activities
06 Dec 2016 10:37
Taiwan’s CSC to assist Ha Tinh Steel final prepara...
Industry activities
05 Dec 2016 15:02
Philippines plans to close more nickel mines for e...
Industry activities
05 Dec 2016 13:58
German’s ThyssenKrupp to delay shipping lead-time ...
Industry activities
05 Dec 2016 13:46
Most Popular