September 06, 2008

Baotou Steel in Q1 exports reach 283,000 tonnes

It is reported that steel products export of Baotou Iron and Steel in the first quarter this year reached to 283,000 tonnes valuing at USD 176 million up by 35% YoY. Other products export was 12.34 million tons, valuing at USD 1.49 million.

It is learned that Baogang wins 83,000 tonnes of steel rail order from Malaysia at the end of March this year. The total import value of the company reached to USD 92.57 million increased by 70% YoY. Iron ore import in the first quarter reached to 680,000 tonnes up by 23% on an annual basis.