CAIXIN BRIEFS

Energy Insider: China’s Steelmakers Report 220% First-Half Profit Growth

Published: Aug. 3, 2021 6:52 a.m. GMT+8

00:00

00:00/00:00

Listen to this article 1x

Major Chinese steelmakers reported a combined profit of $35.1 billion for the first half this year, up 220% from a year earlier.

Major Chinese steelmakers reported a combined profit of $35.1 billion for the first half this year, up 220% from a year earlier.

In today’s Caixin energy news wrap: Limited supply and high demand drive up lithium ore price; central bank guides financial institutions to step up support for carbon emission reductions; Li Auto and Xpeng report monthly delivery records; railways evacuated 1.56 million passengers stranded in Henan flooding.

China’s steelmakers report 220% profit growth

Register to read this article for free.

Register

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Powerful Quake Strikes Off Japan

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

China Business Uncovered Podcast: Inside the Fall of ‘China’s LVMH’

00:00

00:00/00:00

MOST POPULAR

1: Chief Designer of China’s J-20 Stealth Fighter Disappears From Elite Academic Roster

2: Exclusive: First Chinese Supertanker Loads Saudi Crude via Red Sea, Bypassing Strait of Hormuz

3: Qatar Helium Shutdown Adds New Risk to Chip Supply Chain

4: Analysis: China’s Plan to Tackle Weak Demand, Low Inflation

5: Cover Story: U.S.-Israel War With Iran Drifts Toward Attrition

SPONSORED

OR