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16 Dec
09:58

China TISCO targets 25mt steel capacity by 2025

China's Taiyuan Iron & Steel Group (TISCO) expressed positive expectations for next year's steel output at an internal meeting. At the same time, the steel mill hopes to further expand its production capacity after becoming a subsidiary of Baowu Group, Kallanish notes. According to the company's data, from January to November 2020, TISCO's crude steel output was 9.675 million tonnes, with a total profit of CNY 3.138 billion ($479.8 million). It…
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