The Chinese steelmaker Shagang released its financial result for January-July period of 2013.
In the January-July period, Shagang realized sales revenues of RMB132.83 billion, rising by 4.18% year on year and its net profits amounted to RMB1.275 billion, jumping by 91.04% in comparison of the figures in the same period of 2012.
In the given period of time, Shagang’s output of pig iron totaled 18.03 million tons, rising by 5.3%; that of crude steel was at 20.16 million tons, increasing by 4.8% and that of finished steel products was at 19.28 million tons, up by 2.9%, all compared to those in the same period of a year ago.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65898&division=A6
