Wuhan Steel annual crude steel output hits 38 million tonne tonnes in 2011

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Publish time: 16th February, 2012      Source: ChinaCCM
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Wuhan Steel Group in 2011 produces 35.61 million tonnes of iron, 37.68 million tonnes of steel and 37.45 million tonnes of steel products respectively increasing 3.31%, 3.12% and 3.99% from one year earlier.

Estimation for sales revenue and profit are respectively ascending 14.3% and 17.4% compared with the prior year. Therein, Wuhan Steel's output on iron, steel and products are 17.35 million tonnes, 18.16 million tonnes and 16.65 million tonnes; Liuzhou Steel and Kunming Steel of the Group witness an equity profit and Echeng Steel just reaches an equilibrium state.

Profitable products take a share that is 8.8 percentage points higher than that for last year. Adjust on products structure now acts as Wuhan Steel's orientation. Enforcement on silicon steel, cord steel, high strength steel and cold rolled auto plate play an important part