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