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11 Mar
10:42

CITIC Special expects slower sales increase in 2022

Chinese special steel giant CITIC Special Steel has announced steady revenue and profit growth last year, and set sales guidance for 2022, Kallanish notes. In 2021, the company sold 14.53 million tonnes of finished steel with a rise of 3.87% year-on-year, of which 9.05% was exported. The sales volume bearing steel and automotive steel touched historical highs at over 2mt and 3mt, ranking first around the world for the last 11 years and first among Chinese mills fo…
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