Liuzhou Iron and Steel Group Hits 20 Billion Yuan Output Value in the First Quarter

Liuzhou Iron and Steel Group has achieved an output value of over 20 billion yuan in the first quarter, a year-on-year increase of 2.6%. The construction of cold-rolled electromagnetic steel (phase II) and hot-rolled high-strength steel projects is being accelerated, with the launch of leading products such as high-strength industrial wire rod and low-temperature tough ship plate. In the construction machinery industry, Liuzhou Machinery Co., Ltd. has launched leading products such as the new generation of T-series loaders and A-series sugarcane harvesters. The total export value in the first quarter was approximately 2.8 billion yuan, a year-on-year increase of 20%.