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Jigang made remarkable results of both domestic and global trades in H1
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Wednesday, 17 Aug 2011
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It is reported that Jigang has made remarkable results in both domestic steel sales and international export trade in the first half year, the exact results are as follows:

1. Shipping board, boiler container board, high strength steel and other key species have completed 99.1% of targeted sales revenues on average.

2. Earnings price of production line has increased especially in specifications of 2500, 4300, hot rolling and small profile with the average earnings price in June rising by CNY 157, CNY 54, CNY 194 and CNY 222 respectively compared to the figure at the beginning of the year.

3. 270,000 tonnes of exported steel products have earned USD 220 million and the import and export trade volume has reached USD 1.01 billion with an increase of 37.8%YoY.

4. Although the amount of foreign exchange has reduced compared with the same period of last year foreign exchange earned per unit has increased sharply by 14.7% to USD 821.74 per tonne.

(Sourced from MySteel.net)
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