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May.01.2024 1USD=7.1063RMB
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Handan Steel's Q1 high-end Wear-resistant Steel Sales Jumped 29.4%

https://en.steelhome.com [SteelHome] 2024-04-18 11:18:55

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Since the beginning of this year, Handan Iron and Steel has adhered to a profit-centered approach and used technological upgrades as a means to expand its high-end market share continuously. Leveraging its brand advantage in wear-resistant steel and its technological marketing prowess, the company's production and sales volume of high-end characteristic wear-resistant steel exceeded 20,000 tons in the first quarter, representing a year-on-year increase of 29.4%. This effort generated an effective profit of 9.345 million RMB. Furthermore, the company has developed three new high-end characteristic products, including wear-resistant steel for high-strength and toughness blades, and has added four high-end customers from industries such as engineering machinery, coal mining machinery, and special equipment.

(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932 18616060095)
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