Hebei Province-based Chinese steelmaker Shijiazhuang Iron and Steel Co., a subsidiary of Hebei Iron and Steel Group, has announced that in the first half of the current year it sold 156,000 mt of newly-developed steel products, while earning revenues of RMB 8.5 million ($1.34 million) from sales of these products.
Shijiazhuang Steel stated that in the given period it successfully developed 18 new steel products, such as 100CrMn6 bearing steel, Y40Mn high sulphur steel and other high quality steels.