Pangang Group Steel Vanadium & Titanium sets targets for 2012

Tuesday, 31 January 2012 16:43:02 (GMT+3)   |  
       

Sichuan Province-based Chinese steelmaker Pangang Group has announced that its subsidiary Steel Vanadium & Titanium Co has outlined its targets for 2012, when it will focus on “lowering operating costs, improving investment performance, increasing internal reforms and innovating its business management.” In 2012, the company plans to produce at least 6 million mt of pig iron, 5.4 million mt of crude steel, and 240,000 mt of vanadium slag, while it also aims to reduce its costs by RMB 200 million ($31.59 million) during the year.
 
In 2011, Pangang Group Steel Vanadium & Titanium recorded a pig iron output of 6.15 million mt and a crude steel output of around 5.3 million mt.

Similar articles

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

German crude steel output increases by 4.6 percent in January-February

25 Mar | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih posts lower pig iron output due to Russia’s attacks on energy infrastructure

21 Mar | Steel News

China’s crude steel output up 1.6% in Jan-Feb despite unexpectedly weak post-holiday demand

18 Mar | Steel News

Ukraine’s pig iron output up 42.5 percent in January-February

12 Mar | Steel News

Ukraine’s Zaporizhstal increases its output in Jan-Feb

06 Mar | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih posts increased outputs for January

01 Mar | Steel News

Ukraine’s pig iron output up 44.5 percent in January

29 Feb | Steel News

German crude steel output increases by 4.9 percent in January

27 Feb | Steel News

Japanese crude steel output up 4.0 percent in January from December

26 Feb | Steel News