October 28 MetalBiz--The financial report for Q3 from Masteel on October 27 showed that the net profit of the company slightly increased 2% year on year. According to the report, the company realized...
Sep.9 Metalbiz--Source from Masteel on Sep.7 noted that after eight-month' s struggle, the company turned losses into profit. In the first eight months, Masteel took a series of measures to cut...
Baosteel Group, parent of China's largest steel maker, Baoshan Iron and Steel Co<600019>, has abandoned its plan to restructure and merge with Masteel Group Corp, parent of Maanshan Iron & Steel Co Ltd (Maanshan Steel)<600808><0323>, because the local government prefers to keep Masteel...
Apr.17 MetalBiz--China's Maanshan Steel just signed a 1.1mln steel products sales contract with China Railway Materials Commercial Corp. (CRMC), and it is the first...
Nov. 10, 2008 (China Knowledge) - Maanshan Iron & Steel Co., Ltd (Masteel)<600808><323>, the second-largest steelmaker in mainland China, has slashed output by 15%, or 150,000 tons since last month, due to weary domestic demand...