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08 Jan
02:37

Yonggang's 2019 revenue improves

Jiangsu Yonggang Group held on 6 January an annual meeting to review operations in 2019. The firm posted operating revenue of CNY 75 billion ($10.8 billion), up 82.04% year-on-year, but this was in large part due to the addition of new non-steel businesses, Kallanish notes. Steel production saw a significant increase, although the figure is not yet finalised. According to its 2018 review, it sold 8.47 million tonnes of finished steel that year. With the …
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