11
Feb
08:38
Jiugang Hongxing announces 2022 production guidance
The board of directors of Jiugang Hongxing has approved the company’s production guidance for 2022, and expects to achieve CNY 54 billion ($8.49 billion) in operating income this year, Kallanish notes.
In 2022, the company plans to produce 8.9 million tonnes of iron; 10.6mt of crude steel, including 1.04mt of stainless steel; and 10.35mt of finished steel, including 970,000t of stainless steel products.
Meanwhile, Jiugang Hongxing has initiated its pelletis…
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Anonymous
Very good overview of the weekly steel market.
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