SHANGHAI, Dec 14 (SMM)-Baotou Steel said its coking plants have produced 4.43 million mt of coke from January to November, accounting for more than 97% of its annual target even though there have been a shortage of good-quality coking coal this year.
It added that the coke plants recorded a profit of 123 million yuan for the first 10 months of this year, exceeding its cost-cutting plan by almost 18 million yuan.
The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn