Hubei Province based major Chinese steel producer Wuhan Iron and Steel Group has estimated that in 2012 it will achieve outputs of 35.27 million tonne of pig iron, 36.31 million tonne of crude steel and 36.9 million tonne of finished steel, down 0.95%, 3.63% and 1.47% YoY respectively. Furthermore, WISCO expects its sales revenues in 2012 to total CNY 200 billion (USD 32 billion), decreasing slightly year on year.
In 2011, WISCO's outputs of pig iron, crude steel and finished steel had amounted to 35.61 million tonne, 37.68 million tonne and 37.45 million tonne respectively, while its sales revenues had exceeded CNY 210 billion (USD 33.7 billion).
Source:
http://www.steelguru.com/chinese_news/WISCO_foresees_crude_steel_output_of_3631_million_tonnes_in_2012/296418.html
