Shandong Province-based Chinese steelmaker Shandong Taishan Iron and Steel Group Co. (Shandong Taigang) has announced that in November last year it produced 254,000 mt of crude steel, up 7.2 percent month on month.
In the given month, Taigang’s finished steel sales volume totaled 239,000 mt. At the end of November, its finished steel inventory was 131,000 mt, up 32.3 percent or 32,000 mt compared to the end of October.