Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel (Group) Co. (Liuzhou Steel Group) announced on January 13 that in 2013 its pig iron, crude steel and finished steel outputs amounted to 10.33 million mt, 10.73 million mt and 13.19 million mt respectively.
Meanwhile, the group's operating revenues in 2013 totaled RMB 61.2 billion ($10 billion), exceeding RMB 60 billion ($9.8 billion) for the first time, while its net profit in the given year amounted to RMB 220 million ($36.1 million). In 2012, Liuzhou Steel Group had achieved operating revenues of RMB 50 billion ($8 billion) and a net profit of RMB 210 million ($33.5 million).