More Chinese mills bearish about H1 numbers amid weak steel market

Several more Chinese steelmakers have announced pessimistic forecasts for their financial performance in the first half of 2015 against the backdrop of a depressed spot steel market.

Anshan Iron & Steel expects a net profit of around 155 million yuan ($25 million) for the first six months of this year, which is down significantly from 577 million...


Della Fu

July 15, 2015

12:45 GMT