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08 May
10:18

Yongjin produces more stainless CRC in Q1

Yongjin Technology Group, a major cold rolled stainless steel producer in China, saw surging production this Q1. Meanwhile, this company earned more profit despite a lower selling price, Kallanish learns from its Q1 report. Yonjin produced 660,418 tonnes of 300 series stainless CRC and 114,473t of 400 series this Q1, up 57.5% and 65.7% on-year respectively. But the output in Q1 fell slightly behind its 2024 target of 3.2 million tonnes with increased capacity, up …
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