Trade Resources Company News Hebei Iron and Steel Group Produced 69.23 Million Tons of Steel,Down by 2.8% Year on Year

Hebei Iron and Steel Group Produced 69.23 Million Tons of Steel,Down by 2.8% Year on Year

Hebei Iron and Steel Group, established in 2008 with the merger of Tangsteel and Hansteel in Hebei province, produced 69.23 million tons of steel, down by 2.8% year on year.

In 2012, China has dominated the global steel production with 47% of shares, up by 3% to 717 million tons in 2012 from 2011.

Anshan Iran and Steel Group takes the second place in crude steel production with 45.32 million tons of output, falling 2% while Baosteel Group produced 42.70 million tonnes of crude steel, decreasing 1.5% as the third place.

The Chinese government has determined to take control of the 60% of total steel capacity of its top 10 steel mills by 2015.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62924&division=A9
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China's Hebei Steel Remains on Top in Crude Steel Output in 2012
Topics: Metallurgy