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India

Baoshan Iron & Steel Co Ltd (600019.SS)

600019.SS on Shanghai Stock Exchange

7.23CNY
25 Apr 2019
Change (% chg)

¥-0.33 (-4.37%)
Prev Close
¥7.56
Open
¥7.45
Day's High
¥7.46
Day's Low
¥7.21
Volume
105,508,049
Avg. Vol
56,295,034
52-wk High
¥9.30
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¥6.30

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China's Baosteel posts first quarterly profit drop since 2015

BEIJING, April 24 China's Baoshan Iron and Steel Co Ltd (Baosteel) posted a net 45.7 percent drop in profit in the first quarter from a year ago, its first negative growth since 2015, as higher raw material prices and weak auto demand crimped profitability.

China steel prices extend slide on worries over slower demand

* Slow auto sales, infrastructure investment weigh on consumption

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