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Home / Metal News / Newssummary: Taigang to Produce 4.3 Mln-tonne of Stainless Steel in 2015

Newssummary: Taigang to Produce 4.3 Mln-tonne of Stainless Steel in 2015

Apr 29, 2015 11:43

Source:SMM

Taigang Stainless Steel Co. plans to produce 4.3 million tonnes of stainless steel in 2015, the company said in its 2014 financial report.

SHANGHAI, Apr. 29 (SMM) – Taigang Stainless Steel Co. plans to produce 4.3 million tonnes of stainless steel in 2015, the company said in its 2014 financial report.

The company manufactured 3.81 million tonnes of stainless steel in 2014, up 17.96% year-on-year, according to its report.

In 2014, the company registered a 17.38% year-on-year drop in revenues to 86.77 billion yuan over the year, and sluggish steel price was blamed for the decline, it added.

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Taigang Stainless Steel Co. Ltd.

2014 financial results

Chinese news summary

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