It is reported that the wide strip mill, one of main factories of Lingyuan Steel is reported to produce strip of 214,000 tonnes in the Q1 though short of billets at that time.

As per report, the mill made a success in curtailing production cost and improving the rate of products in Q1. It reduced cost of CNY 1.49 million and saved CNY 3.62 million from its planed supplement to the production fees.

(Source: Lingyuan Steel)