Sangang Minguang, which is based in China Fujian Province, announced its annual report on March 29, 2019. According to the report, the company realized 36.248 billion yuan in revenue, an increase of 14.40% over the previous year, and achieved a net profit of 6.507 billion yuan, an increase of 20.04% on a yearly basis.
In 2018, the company produced 9.655 million tons of crude steel, 8.272 million tons of pig iron, 9.599 million tons of steel products, 864,000 tons of coke and 10.4 million tons of sintering ore.
(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932) |
