Yonggang posts increased finished steel sales in April

Jiangsu Province-based Chinese steel group Yonggang Corporation has announced that in April this year its crude steel output totaled 610,000 mt, while its rolled steel output was also 610,000 mt. In addition, Yonggang Corp.'s finished steel sale volume in April amounted to 658,400 mt, 241,600 mt higher than in the same month last year. The steelmaker also remarked that downstream demand for its products indicated an improvement in March and April of the current year.