In 2009, China's Shandong Steel Group produced 21.31 million mt of crude steel, 21.95 million mt of pig iron and 21.72 million mt of finished steel, up 2.43 percent, 2.89 percent and 0.19 percent respectively year on year. Meanwhile, the producer registered sales revenues of RMB 90 billion ($13.18 billion) and a gross profit of RMB 3.5 billion (512.59 million) in 2009, with its net profit reaching RMB 1.95 billion ($285.59 million).
Shandong Steel Group's output of 21.31 million mt of crude steel in 2009 was the sixth highest in China during the year in question. Hebei Steel Group, Baosteel Group, WISCO, Anshan-Benxi Steel Group and Shagang Group posted higher crude steel outputs.