Tonghua, Jilin Province-based steel producer Tonghua Steel Group realized a gross profit of RMB 94.58 million ($14.48 million) in April of the current year, after returning to profit in March. For the first four months of the year, Tonghua Steel Group recorded a gross profit of RMB 49.36 million ($7.56 million).
In the January-April period, Tonghua Steel Group produced 1.732 million mt of crude steel, 1.837 million mt of pig iron, and 1.745 million mt of finished steel products, up by 3.24 percent, 3.6 percent and 1.41 percent year on year respectively.