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Angang Steel Co (FRA:GNV) Allowance For Loans And Lease Losses


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What is Angang Steel Co Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Angang Steel Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Angang Steel Co Ltd (FRA:GNV) » Definitions » Allowance For Loans And Lease Losses
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Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021
Angang Steel Co Ltd is engaged in the steel rolling and processing industry. The company is classified into the following operating segment based on the type of business: production and sale of steel products. Its products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. These products are widely used in industries such as machinery, metallurgy, petroleum, chemical industry, coal, electric power, railway, shipbuilding, automobile, construction, home electrical appliances, and aviation. Geographically, the company derives a majority of its revenue from China, and also exports its products to other regions.