It is estimated that the profit for 2018 will be 6.6 billion yuan to 6.9 billion yuan, a year-on-year increase of 61%-68%, according to the performance forecast released by Valin Steel Group.
In 2018, Chinese steel industry continued to maintain a sound development. The company’s blast furnaces were in smooth operation throughout the year, which greatly improved the production efficiency. The output of pig iron, crude steel and steel products of the company all reached record highs in 2018.
(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932) |
