• 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

Indian secondary steel makers push government to ...
Industry activities
18 Jan 2018 20:40
NAS increases prices for stainless steel products ...
Industry activities
17 Jan 2018 14:57
Swiss Glencore planes to expand production for Int...
Industry activities
17 Jan 2018 11:43
Russian NLMK to increase investment capacity...
Industry activities
17 Jan 2018 09:06
Colombian Cerrejon mine may face mass strike...
Industry activities
16 Jan 2018 11:29
Most Popular