Baosteel's steel output reaches 37.05 million tons in Q1-Q3 2021
2021-11-01 18:02:46 [Print]
On October 29, Baoshan Iron & Steel Co., Ltd., a listed company under China Baowu Steel Group, released its report for the third quarter of 2021.
From the first to the third quarter of 2021, Baosteel completed a total of 33.132 million tons of iron output, 37.048 million tons of steel output, and 35.777 million tons of commercial billet sales. The cumulative total profit recorded RMB29.13 billion (USD4.548 billion), a record high for the same period in history, with a cumulative year-on-year increase of 161.6%.
From the first to the third quarter of 2021, Baosteel completed a total of 33.132 million tons of iron output, 37.048 million tons of steel output, and 35.777 million tons of commercial billet sales. The cumulative total profit recorded RMB29.13 billion (USD4.548 billion), a record high for the same period in history, with a cumulative year-on-year increase of 161.6%.
