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11 Jul
05:22

Valin hits record high with first-half steel output

The listed arm of southern China's Hunan Valin Group has announced steel production data for the first half of 2018 to the Shenzhen Stock Exchange. The company reported a production increase to hit a record high over the January-June period, Kallanish notes. From January to June, the cumulative output of iron was 7.7 million tonnes and crude steel production was 9.36mt. Meanwhile, the finished steel output and sales volumes increased by 16.2% …
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