Henan Province-based Anyang Iron and Steel Group (Anyang Steel) has announced its sales revenue and production targets for 2012.
In particular, Anyang Steel targets a sales revenue of RMB 31.9 billion ($5 billion) in 2012. In addition, it also plans to produce 8.2 million mt of pig iron, 8 million mt of crude steel and 7.1 million mt of finished steel in the current year.
Anyang Steel also foresees a total fixed asset investment of RMB 2.605 billion ($413 million) in 2012.