Masteel expects 43.3 percent rise in net profit for 2018

Monday, 11 February 2019 10:09:41 (GMT+3)   |   Shanghai

Anhui Province-based Chinese steelmaker Masteel has announced that it expects to achieve a net profit of RMB 5.917 billion ($0.88 billion) for 2018, up 43.3 percent year on year.

Most Recent Related Articles

CISA mills’ daily steel output down slightly in July 1-10, still near record high

Hunan Valin Steel expects H1 net profit to rise by over 30% amid positive Q2

Weak demand pushes coking coal prices in China down slightly this week

China’s steelmakers’ profits up 81.8 percent in May from April

Chinese steel enterprises’ profits down 57.2 percent in January-May