Benxi Steel's Sales Revenue up 10% Year-on-Year-Shanghai Metals Market

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Benxi Steel's Sales Revenue up 10% Year-on-Year

Industry News 09:54:09AM Jan 11, 2013 Source:SMM

Jan. 11 - Benxi Steel Group Corp's sales revenue exceeded 100 billion yuan ($16 billion) in 2012, up 10 percent year-on-year, the company said.

Unlike its battered rivals at home and abroad, the company was supported by exports.

In 2012, its exports contract volume reached 4 million metric tons, up 48 percent year-on-year, which contributed $2.3 billion.

The company, located in Benxi, Liaoning province, is one of the main iron and steel producers in China with an annual output of 20 million metric tons of high-quality steel products.

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Benxi Steel's Sales Revenue up 10% Year-on-Year

Industry News 09:54:09AM Jan 11, 2013 Source:SMM

Jan. 11 - Benxi Steel Group Corp's sales revenue exceeded 100 billion yuan ($16 billion) in 2012, up 10 percent year-on-year, the company said.

Unlike its battered rivals at home and abroad, the company was supported by exports.

In 2012, its exports contract volume reached 4 million metric tons, up 48 percent year-on-year, which contributed $2.3 billion.

The company, located in Benxi, Liaoning province, is one of the main iron and steel producers in China with an annual output of 20 million metric tons of high-quality steel products.