Baogang Group’s crude steel output up 6.75 percent in H1

Tuesday, 27 July 2021 13:57:17 (GMT+3)   |   Shanghai
       

Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Group (Baogang Group) announced that it produced 7.83 million mt of crude steel in the first half of the current year, up 6.75 percent year on year, while exported 1.05 million mt of finished steel in the given period, up 7.45 percent year on year, it is expected to achieve an operating revenue of RMB 57.5 billion ($8.9 billion), up by 16.4 billion and to register a gross profit of RMB 5.0 billion ($0.77 billion), up by RMB 4.7 billion year on year.

Baogang Group created the best performance for the given period over the past 67 years since it was established.

$1 = RMB 6.4734


Similar articles

Ukraine’s Zaporizhstal completes first stage of BF No. 3 overhaul

29 Mar | Steel News

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

CISA mills’ daily steel output down 0.51 percent in mid-March

26 Mar | Steel News

US raw steel production down 0.6 percent week-on-week

25 Mar | Steel News

Argentina’s crude steel production declines sharply in February

25 Mar | Steel News

German crude steel output increases by 4.6 percent in January-February

25 Mar | Steel News

Brazilian crude steel production increases in February

22 Mar | Steel News

World crude steel output up 3.7 percent in February

22 Mar | Steel News

Liquid steel consumption in Mexico rises while production falls in January

21 Mar | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih posts lower pig iron output due to Russia’s attacks on energy infrastructure

21 Mar | Steel News