Hebei Province-based Chinese steelmaker Xuanhua Steel, a subsidiary of Hebei Iron and Steel Group, has announced that its total sales volume of welding quality wire rod in the first half of the current year amounted to 175,000 mt.
Meanwhile, in the given period Xuanhua Steel recorded an increase of RMB 300/mt ($47.5/mt) in its gross profit margin for sales of HPB 235 rebar, as compared to the same period of the previous year.