Updated
Updated · Bloomberg · May 15
Chinese Steel Mills Reach 64% Profitability, Highest Since August
Updated
Updated · Bloomberg · May 15

Chinese Steel Mills Reach 64% Profitability, Highest Since August

2 articles · Updated · Bloomberg · May 15

Summary

  • 64% of Chinese steel mills were profitable in Mysteel’s latest weekly survey, marking the sector’s strongest profitability reading since August.
  • Mysteel’s data covered 247 plants and showed profitability has exceeded this level only twice since October 2024, underscoring how unusual the rebound is.
  • The improvement still faces durability questions, leaving uncertainty over how long mills can sustain the stronger margins.

Sources

Left100%
Bloomberg101d ago
Chinese Steel Mill Profitability Highest Since August, 64% Profitable
sahi.com101d ago
Kalpataru Projects International Net Profit Jumps 87% to ₹4.3B as Margins Expand

Insights

With new global tariffs now in effect, can China's record steel profitability survive the escalating trade war?
Beyond trade wars, are soaring energy costs and Mideast shipping risks the real threats to China's steel profits?

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Sources

2 total
Left100%
Bloomberg101d ago
Chinese Steel Mill Profitability Highest Since August, 64% Profitable
sahi.com101d ago
Kalpataru Projects International Net Profit Jumps 87% to ₹4.3B as Margins Expand

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China Mineral Resources Questions Fortescue's New Iron Ore as Long-Term Contract Talks Hit Rough Patch
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89d ago