Hangzhou Steel Group's sales revenues total RMB 102.8 billion in 2013

Tuesday, 14 January 2014 15:45:11 (GMT+3)   |   Shanghai
       

On January 14, Zhejiang Province-based Chinese steelmaker Hangzhou Iron and Steel Group Company (HISGC) announced that in 2013 its sales revenues totaled RMB 102.8 billion ($16.8 billion), compared to the target of RMB 100 billion ($16.34 billion) for the year, while it achieved a net profit of RMB 1.022 billion ($167 million). In 2012, Hangzhou Steel Group had recorded sales revenues of RMB 91.281 billion and a net profit of RMB 803 million.
 
In 2013, Hangzhou Steel Group's finished steel sales amounted to 3.46 million mt, up 150,000 mt year on year.

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