Bensteel Group Mining completed 9.66 million mt of iron ore concentrates in 2024, up 170,000 mt YoY!

In 2024, facing the severe market conditions in the steel industry, all cadres and employees of the mining company earnestly implemented the decisions and deployments of the two-level companies, forged ahead against the trend, challenged limits, and fully achieved all tasks and targets of Bensteel Group's "Year of Transformation and Upgrading." This laid a solid foundation of strong "momentum" and "potential energy" for the group's deepened reforms, strengthening and supplementing the industrial chain, upgrading, and developing new productive forces. Iron ore concentrates reached 9.66 million mt, up 170,000 mt YoY, exceeding the challenge plan by 60,000 mt, setting a historical record. The ore cost per mt decreased by 24.11 yuan/mt, achieving the set goals.