Shougang plans to raise crude steel output

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Publish time: 21st January, 2014      Source: ChinaCCM
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According to report, Shougang group has announced plans to lift up its crude steel output by 3.1% to 32.487 million tons in 2014.

The company's crude steel output in 2013 totaled 31.52 million tons, almost the same from 31.42 million tons in 2012. The company is targeting to increase its output of pig iron and finished steel by 1.8% and 3.3% to 33.16 million tons and 31.39 million tons respectively this year.

Its 2013 profit is expected to be RMB345 million.