Chinese steel producer Hebei Iron and Steel Group is targeting a crude steel output of 46 million tonnes and a total operating revenue of CNY 250 billion in 2012.

However, Hebei Steel has not yet released its financial results for 2011. In 2010, its aggregate operating revenue stood at CNY 227.097 billion while its net profit came to CNY 4 billion. Meanwhile, its total crude steel production in 2010 amounted to 44.78 million tonnes.

(Sourced from SteelOrbis)
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