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08 Feb
08:22

Anyang raises crude steel target for 2018

China’s Anyang Iron & Steel Group has set out its operating targets for 2018, Kallanish notes. The steelmaker aims to produce 10.37 million tonnes of pig iron, 11.93mt of crude steel and 11.68mt of steel products in 2018. It also intends to achieve CNY 45 billion ($7.19 billion) in sales revenue and CNY 2.5 billion in profits this year. The company has posted CNY 40 billion in sales revenue and CNY 2.06 billion in group profit for 2017, which repres…
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