Sichuan Province-based Chinese steel producer Panzhihua Gangcheng Group has announced that in January this year its total iron ore pellet output reached 117,600 mt, with an average daily output of over 4,000 mt, exceeding the company's targeted output for the month.
In 2011, Panzhihua Gangcheng Group produced 1.23 million mt of iron ore pellets, 2.52 percent more than its original target for the year.