7,855.06 TL BIST 100 BIST 100
3.90 CNY CNY CNY
28.92 $ USD USD
€31.16 EUR EUR
0.13 CNY CNY/EUR CNY/EUR
38.38 TL Interest Interest
74.67 $ Fossil Oil Fossil Oil
23.80 $ Silver Silver
3.75 $ Copper Copper
132.52 $ Iron Ore Iron Ore
387.00 $ Ship Dismantling Ship Dismantling
1,883.86 TL Gold (gr) Gold (gr)

China's Ansteel reports a decrease in operating income in the first half of 2023

China's Ansteel Group reported a decline of 16.3% compared to the same period in the previous year.

China's Ansteel reports a decrease in operating income in the first half of 2023

China's Ansteel Group reported an operating income of CNY 58.83 billion in the first half of this year, reflecting a year-on-year decrease of 16.3%. Additionally, the net loss attributable to shareholders amounted to CNY 1.346 billion, in stark contrast to the previous year's profit.

During this period, iron production amounted to 13.22 million tons, steel production reached 13.83 million tons, and material production was 12.62 million tons. These figures represented an increase of 0.72 percent, a 2.44 percent increase, and a 0.35 percent decrease, respectively, compared to the previous year.

Additionally, steel product sales totaled approximately 12.79 million tons, reflecting a 1.95 percent decrease compared to the previous year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Innovative trends propel nut coke market amidst metallurgical advancements

Thursday, December 7, 2023

In January wire rod prices will be increased by CSC

Thursday, December 7, 2023

Striking increase in Turkey's scrap exports in October: 151 percent!

Thursday, December 7, 2023

KARDEMİR will establish a 27.3 MW solar power plant in Van

Thursday, December 7, 2023

This week in European steel market!

Thursday, December 7, 2023
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now