Baoshan Iron & Steel Company set 2006 goals

Baoshan Iron & Steel Company set 2006 goals

SteelOrbis Shanghai Baoshan Iron & Steel Company held a meeting on budget and management at Baoshan Hotel on January 16-17. At the meeting, Baoshan Company set its 2006 sales targets as selling 7.86 million metric tons of products with RMB 130 billion ($16.12 billion) sales revenue. The company also targets lowering the cost by 5 percent and making progress in development and research area.