December 02, 2008

Baotou Steel output crosses 3 million tonnes in 2008

It is reported that both outputs of pig iron and crude steel in Baotou Steel were over 3 million tonnes by the end of April up by 8% YoY and 10% YoY respectively. Baotou Steel Group has produced 3.01million tonnes of pig iron, 3.05 million tonnes of crude steel and 2.9 million tonnes of commercial billet up by 8% YoY, 10% YoY and 12% YoY respectively.

Despite of the big scale of maintenance in Baotou Steel Group in April, both outputs of pig iron and crude steel were as high as over 710,000 tonnes and the production of commercial billet was 670,000 tons.

Meanwhile, Baotou Steel Group strengthened to reduce inventories and to make delivery and has totally delivered almost 880,000 tonens of steel products.

By April, International Trade Company of Baotou Steel have cumulatively earned over USD240 million by export, up by USD 60 million YoY.