It is reported that Jiangsu Shagang Group's Huaigang Special Steel Co in H1 2008 has churned out 1.34 million tonnes of iron up by 57.5% YoY, 1.47 million tonnes of crude steel up by 56.3% YoY and 1.31 million tonnes of finished products up by 52.1% YoY.

Shagang Group's Huaigang Special Steel Co produced 1.8 million tonnes of sintered ore up by 103.3% YoY, 409,400 tonnes of coke up by 111.8% YoY and 172.6 million KWH of electricity up by 81.5% YoY during the same period.

Huaigang reaped gross industrial output value of CNY 6.87 billion up by 107.9% YoY sales revenue of CNY 7.64 billion up by 66.1% YoY and pretax profit of CNY 1.03 billion up by 152.6% YoY in the review period out of which profit gains CNY 664 million up by 174.3% YoY.