Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that in the first half of the current year its listed subsidiary Wuhan Iron and Steel Co. Ltd achieved an operating revenue of RMB 44.398 billion ($7.21 billion), down 7.78 percent year on year, while it recorded a net profit of RMB 428 million ($69.48 million), down 7.1 percent year on year.
In the given period, Wuhan Steel produced 9.9044 million mt of pig iron, 10.1316 million mt of crude steel and 9.4354 million mt of finished steel.