#China’s 89 major #steelmakers’ revenue rose 53.16% y/y in Jan-Feb to 939.6 bn yuan, up 53.16% y/y and their profit rose 160.36% to 39.7 bn yuan, according to the China Iron and Steel Association.
Steelmakers stage a rally, with a gauge tracking the sector up 4.1%.
Hat Tip via Twitter: @YUAN TALKS
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