Baoshan Steel Warns of Tougher Fourth Quarter After Profit Surge

Fresh from reporting a doubling in profit, Baoshan Iron & Steel Co., China’s biggest publicly-traded steelmaker, cautioned of a tougher quarter ahead, reflecting the challenges facing an industry beset by overcapacity, a slowing domestic market and simmering trade tensions.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.