• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

Chinese Baogang Group aims on sales revenue of US$ 1 billion in 2012

  • A
  • A
  • A
It is reported that Baogang Group, the largest steel enterprise in Inner Mongolia has aimed to reach sales revenue of US$1 billion in 2012.

On December 27th, 2011, Baogang Group had accomplished its 2011 crude steel output target of 10.10 million tons.

In the first 11 months of 2011, the sales revenues of the company have come to roughly RMB 54.214 billion.

For 2012, the company planned to increase its iron output to 10.45 million tons and to raise its output of crude steel and finished steel to 10.9 million tons and 10.34 million tons respectively to realize its sales target of RMB60 billion (US$1 billion).
News Date 05 Jan 2012 13:54:55 reported by Mike Lo

Taiwan’s CSC post 614% jump in H1 pre-tax income...
Finance and economy
21 Feb 2017 10:05
Bluescope Steel announces its profits rise signifi...
Finance and economy
20 Feb 2017 11:12
ArcelorMittal’s South American company to improve ...
Finance and economy
17 Feb 2017 12:04
Hyundai Steel announces its 2016 net profits up ...
Finance and economy
15 Feb 2017 11:57
Chinese steel exports hit a record low in Jan 2017...
Finance and economy
13 Feb 2017 14:42
Most Popular