China Baowu Steel Group sees operating revenue of RMB 307.2 billion in 2016
Chinese steel producer China Baowu Iron & Steel Group Co. Ltd (China Baowu Steel Group) has announced an operating revenue of RMB 307.2 billion ($44.91 billion) for 2016, with a gross profit of RMB 7.02 billion ($1.03 billion). Meanwhile, China Baowu Steel Group produced 58.40 million mt of steel in the given year.