In 2010, Xilin Iron and Steel Group Co Limited had produced 2.415 million tonnes of pig iron, 3.018 million tonnes of crude steel and 2.705 million tonnes of finished steel, up by 14.4% YoY, 17.67% YoY and13.43% YoY, respectively; achieving operating revenues and total industrial output value of CNY 14.2 billion and CNY 14 billion, a YoY increase of 39.22% and 33.72% respectively; paying tax of CNY 0.636 billion and realizing profit of CNY 0.102 billion.

During the 12th Five year period, Xilin Iron & Steel Group Co Limited will step into critical stage of rapid development. Through technical renovation and M&A s, the company will develop into a large scaled enterprise with capacity of annually producing 10 million tonnes of crude steel and 5 million tonnes of cement, achieving annual sales revenues of CNY 50 billion to become one of China's top 100 enterprises of manufacturing.

(Sourced from MySteel.net)
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