Sichuan Province-based Chinese steelmaker Pangang Group has announced that its subsidiary Sichuan-based Chengdu Steel & Vanadium Co. has increased its crude steel output with the approach of the end of the year. Accordingly, its average daily crude steel output in the first half of December (up to Dec. 15) reached 15,570.39 mt, increasing by 183.22 mt compared to the average daily figure for November.
According to Pangang Group, in the current year up to December 15 this year Chengdu Steel & Vanadium Co. produced 5.294 million mt of crude steel and 246,400 mt of vanadium slag. For the current year, Chengdu Steel & Vanadium Co. is trying to achieve new record annual outputs of 5.47 million mt of crude steel and 254,000 mt of vanadium slag.