Anhui Province-based Chinese steelmaker Masteel has announced that in 2018 it plans to achieve an operating revenue of RMB 80.0 billion ($12.31 billion) and a net profit of RMB 4.0 billion ($0.62 billion).
The steelmaker also stated that in 2018 it plans to produce 7.35 million mt of iron ore, 18.30 million mt of pig iron, 19.85 million mt of crude steel and 18.82 million mt of finished steel.