China’s Steel Industry Faces Sharp Drop in Profits Amid Rising Costs and Weak Demand
The profits of China’s iron and steel enterprises fell by nearly half year-on-year in the first quarter, and the average profit margin was a mere...
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Angang Steel (347 HK)
Angang Steel (347 HK)
158
Analysis
Materials • China
Angang Steel is a major Chinese steel producer, manufacturing a diverse range of steel products including hot-rolled coils, plates, sheets, and rails for sectors like construction, automotive, and shipbuilding. The company is headquartered in Anshan, Liaoning, China, and was incorporated in 1997.
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