TISCO expects operating revenue of RMB 70.6 billion for 2016

Shanxi Province-based Chinese steel producer Taiyuan Iron and Steel (Group) Co. (TISCO) has announced that it produced about 10.29 million mt of steel in 2016, while adding that it expects to record an operating revenue of RMB 70.6 billion ($10.19 billion) for the given year.