
Tonghua Steel profit for Jan to Aug 2011 up CNY 618 million
Tonghua Steel with its parent company of Shougang Steel Group realized a profit of CNY71.26 million in August, CNY208.91 million more than that of same period in 2010. Accumulated profit in the first eight months hit CNY436.49 million, a gain on profit of CNY618.41 million from prior year.
Tonghua Steel production in the first 8 months
| Output | YoY | |
| Steel | 3525862 | 4.01 |
| Pig iron | 3703361 | 3.84 |
| Steel products | 3595819 | 4.09 |
In tonnes
(Source: www.steelhome.cn)
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