BEIJING: Surging prices of alloys, nonferrous metals and energy have “ significantly ” dented the profitability for Baoshan Iron Steel Co Ltd, the top Chinese steelmaker said, without providing further details of the impact. Due to carbon and environmental curbs and the Russia-Ukraine conflict, the prices of commodities scaled fresh highs and affected profitability, the steelmaker said in a Shanghai Stock Exchange filing released on Wednesday night. The steel giant, known as Baosteel, noticed th
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2022-03-18 00:00:00.0