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29 Mar
03:22

Chonggang profits surge in 2018

Chongqing Iron & Steel (Chonggang) produced a radically improved performance in 2018, Kallanish learns from the Chinese steelmaker’s annual report. Production of iron, crude steel and steel products rose by 47.8% to 5.68 million tonnes, by 55.1% to 6.38mt, and by 56.5% to 6.11mt respectively. The percentage of hot rolled coil products supplied directly to consumers reached 49%, while for plate products it reached 33%. The company’s operat…
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