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China Baosteels Q3 net profit more than halves on faltering steel prices

Chinas biggest listed steelmaker, Baoshan Iron and Steel, reported on Tuesday a nearly 65 plunge in its third-quarter net profit, undermined by a fall in steel prices. The company, known as Baosteel,

Posted by Hicham ALAOUI RIZQ on 2024, Oct 29

Introduction

Chinas biggest listed steelmaker, Baoshan Iron and Steel, reported on Tuesday a nearly 65 plunge in its third-quarter net profit, undermined by a fall in steel prices. The company, known as Baosteel,

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