Longhai Steel Inc a producer of high quality steel wire products in the People Republic of China announced record Q4 2011 output and sales volume of steel wire.

With additional capacity beginning to come on line from its newly-opened second production facility, Q4 2011 steel wire output was 293,862 tonnes up by 23% from 238,912 tonnes in the same period of 2010. Q4 2011 steel wire sales volumes was also a record at 335,229 tonnes up by 30% from 257,871 tonnes in the same period of 2010.

Once fully ramped, Longhai new production line will increase overall capacity by approximately 60%. The new line also has the capability to produce alloy steel, cold forging steel and welding rods. This new, higher margin product will allow Longhai to address demand in markets in addition to construction and infrastructure.

Mr Steven Ross Executive Vice President of Longhai said "This increase in capacity is part of our long term corporate growth strategy. The higher quality steel wire from this facility will diversify our product base and give us the ability to maintain our growth trajectory in 2012."