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    Pangang Steel Net Profit Down 70%

    Written by Investing News Network
    |
    Aug. 31, 2011 05:55PM PST

    CapitalVue News reported that first half profit for Pangang group (SHE:000629) was significantly down from the same period last year.

    CapitalVue News reported that first half profit for Pangang group (SHE:000629) was significantly down from the same period last year.

    The market news is quoted as saying:

    Vanadium product output decreased 6.01 percent to 10,100 tons while production of iron concentrate containing vanadium-titanium grew 5.54 percent to 4.01 million tons.

    To read the full market news, click here.

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