Baogang fixed asset investments total RMB 13.3 billion in 2012
Inner Mongolia based Chinese steelmaker Baotou Iron and Steel Co announced that in 2012 its fixed asset investments amounted to CNY 13.3 billion up 52.7% compared with CNY 8.709 billion recorded in 2011.
In addition Baogang Group has stated that in 2012 the output of its wire rod plant totaled 743,000 tonne up 6.14% YoY with the wire rod export volume for the year amounting to an all time record of 326,000 tonne increasing by 85.23% YoY. The export volume accounted for 43.9% of the overall output up by 18.9% age points compared with 2011.
Source - Visit www.steelorbis.com for more
(www.steelguru.com)
In addition Baogang Group has stated that in 2012 the output of its wire rod plant totaled 743,000 tonne up 6.14% YoY with the wire rod export volume for the year amounting to an all time record of 326,000 tonne increasing by 85.23% YoY. The export volume accounted for 43.9% of the overall output up by 18.9% age points compared with 2011.
Source - Visit www.steelorbis.com for more
(www.steelguru.com)
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