Jiangxi Province-based Chinese steel producer Jiujiang Ping Iron and Steel Co. (Jiujiang Steel) has announced that in 2014 it achieved a net profit of RMB 388 million ($62.6 million).
In addition, in the given year the company produced 4.294510 million mt of pig iron, 4.920783 million mt of crude steel and 4.893730 million mt of finished steel, up 7.09 percent, 12.43 percent and 13.65 percent year on year, respectively.