7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
6th World Manganese & Selenium Forum
May 21-22, 2018
Hainan Sanya, China
6th World Antimony Forum
April 23-24, 2018
Zhangjiajie, China
6th International Refractories & Abrasives Summit
April 19-20, 2018
Beijing, China
Baosteel expects YOY decrease in its performance in H1 2019
2019-04-28 15:23:25 【Print】
Wu Kunzong, Chief Financial Officer of Baosteel, recently said at 2018 annual online performance meeting held by the company that steel prices showed an upward trend in the second quarter. However, the safety consolidation of raw material end caused by the dam break in Brazil exerted a potential impact on future ore supply. In the short run, ore prices would remain high and be likely to further increase, and raw material end would face great pressure of price increase. It is expected that the price gap in selling and buying would increase MOM in the second quarter, and the company's overall performance in this period would be better than the first quarter, but the overall performance in H1 2019 is expected to decrease YOY.
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