UPDATE 2-China's Baosteel disappoints despite red-hot demand

Newswire

(Adds details, analysts' comments) By Edwin Chan SHANGHAI, Oct 31 (Reuters) - Top Chinese steel maker Baosteel disappointed on Friday with an 18 percent jump in quarterly profit after a surprise charge, but analysts said sizzling car and construction demand will fire up earnings in the last quarter. Baosteel , which vies with Japan's Nippon Steel Corp and Korea's POSCO to supply an economy that grew 9.1 percent in the year to the third quarter, enjoyed resilient steel prices and a ...

Premium Content (PAID Subscription Required)

"UPDATE 2-China's Baosteel disappoints despite red-hot demand" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 9, 2016
Video
WardsAuto

FCA 3.0L Diesel V-6 -- 2016 Award Acceptance

FCA accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×