Gansu Daily reported that in face of the economic downturn, Gansu Jiuquan Iron and Steel Co Ltd Plans to pour CNY 4.062 billion of fixed assets investment in 2009, seeking for a 10% growth based on the CNY 33.5 billion industrial output last year.

The steel mill has worked out the products mix adjustments and development strategy to win more national favorable policies and supports. At the same time, in order to ensure the construction and production as scheduled, Jiugang is engaged in the preparation at the moment.

(Sourced from Gansu Daily)