Wuyang Steel to realize annual steel production of 2 million tonnes in 2011
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Tuesday, 22 Feb 2011
It is reported that in 2010 Wuyang Iron and Steel Co Ltd witnessed remarkable achievements. Its annual crude steel production totaled 2.51 million tonnes and steel plates of 2.21 million tonnes, realizing sales revenue of CNY 11.5 billion and net profit of CNY 123 million.
In 2011, its operation target is to produce crude steel of 2.8 million tonnes and steel plates of 2.4 million tonnes achieving sales revenue of CNY 12 billion and net profit of CNY 120 million.
(Sourced from MySteel.net)
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