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Tag Archives: Chinese steel giant BaoSteel H1 net drops by 15pct on weak steel prices

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Chinese steel giant BaoSteel H1 net drops by 15pct on weak steel prices

Baoshan Iron & Steel Company Limited, China’s biggest listed steelmaker by stock market value, posted a 14.8% fall in H1 net profit reflecting weak prices and slackening demand growth.  It’s net profit dropped to CNY 3.15 billion from 3.7 billion ...

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