It is reported that Jinan Steel produced 11.24 million tons of steel, 9.52 million tons of iron and 10.92 million tons of steel products in 2006, increasing 7.86%, 13.1% and 35.41% respectively YoY. Jinan exported 1.58 million tons of steel products valued at USD 660 million.

Jinan realized sales revenue of RMB 43 billion, pretax profit of RMB 4 billion and profit of RMB 2 billion up by 11.4%, 17.4% and 4.7% respectively YoY and its total cost of comparable products was lowered by 3.7%.

(Source from Mysteel.net)