September 08, 2008

Pansteel profits in 2007 brake all records

It is reported that Pansteel business earning was CNY 36.7 billion in 2007, and profit was CNY 2 billion, up by 7.36%, 183% year-on-year respectively. The output of iron is 6.95 million tons, steel is 6.44 million tons, iron and steel products is 6.12 million tons.

In 2007, Panzhihua Company accurately grasped the market trend, resource structure and variety of structural adjustment, actively explored the domestic and international markets, and strengthened security for fuel and transportation coordination.