Shougang Tonggang Group, Jilin Province-based Chinese steelmaker, a subsidiary of Chinese steel giant Shougang Group, has announced that in the first half of the current year it achieved a total output of 375,621 mt at its bar rolling plant, completing 51.45 percent of the production target for 2012.
In June this year, the cost of production at the bar rolling plant declined slightly to RMB 3,535.07/mt ($557.59/mt).