Sichuan Province-based Chinese steelmaker Pangang Group has announced that its subsidiary Steel Vanadium & Titanium Co. has achieved its first quarter output target for hot rolled plate (HRP), which means that it is on schedule to achieve its full-year HRP output target of 2.5 million mt.
Accordingly, in the current year up to March 29, Steel Vanadium & Titanium Co. produced 628,900 mt of hot rolled plates. Meanwhile, in the current year up to March 27 the company produced 1.4878 million mt of pig iron and 1.3490 million mt of crude steel.