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10 Jul
07:22

Valin Steel production surges

Hunan Valin Steel Group (Valin Steel)’s output increased year-on-year in both June and the first half of 2020, but decreased month-on-month, Kallanish notes. In June, Valin Steel produced 1.73 million tonnes of iron, 2.21mt of steel and 2.06mt of finished steel, and sold 2.09mt of finished steel, up 22.7%, 27%, 27.95% and 26.67% y-o-y respectively. Compared with May data, all four declined, respectively by -4.9%, -3.9%, -4.6% and -1.9%, but this can be …
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