Beigang New Materials Reports 87% YoY Growth in Billet Production in January

Published: Feb 12, 2025 17:14

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[Beigang New Materials Achieved an 87% YoY Increase in Billet Production in January] Beigang New Materials adhered to the "Three Fixed and Three Don'ts" principle, prioritizing sales and strengthening efficient coordination across production, supply, and sales. Thanks to the seamless connection and smooth operation of various processes, along with sufficient supplies of pig iron and molten steel, billet production in January increased by 87% YoY, while finished steel coil production also saw significant YoY growth. While ensuring production, the company's marketing team actively advanced market efforts, exceeding the monthly target for stainless steel orders in January and achieving better-than-expected demand in the off-season during the Chinese New Year period. Additionally, the company innovatively launched announcements for the sale of nickel ore and waste sliding plates on the group's electronic bidding and procurement platform for the first time, introducing a new model for by-product sales and implementing multiple measures to enhance marketing quality and efficiency.

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