According to Shanghai-based Chinese steel giant
Baosteel Group (
Baosteel), its Nanjing-based subsidiary Meishan
Mining in the first half of the current year produced 1.21 million mt of
iron ore concentrate, an increase of four percent year on year, and sold 1.19 million mt of
iron ore concentrate, up one percent year on year.
Meanwhile, in the current year up to June 23, Meishan
Mining produced 2,153,700 mt of crude
iron ore, accounting for 56.67 percent of the planned annual volume. In 2010, Meishan
Mining had produced 4.02 million mt of crude
iron ore and 2.25 million mt of
iron ore concentrate, and had sold 2.25 million mt of
iron ore concentrate, of which 1.045 million mt was exported.