Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. (Masteel) has announced that in 2011 it produced 360,000 mt of iron ore concentrate from its Taochong mine in southern Anhui, exceeding its targeted output by three percent.
Meanwhile, Masteel has also reported an output of over 1.69 million mt of iron ore concentrate from its Nanshan mine in 2011, achieving its target for the year.