Iron and steel industry in Jiangsu sees first decline in crude steel output in past 20 years
2022-02-22 16:08:20 [Print]
According to Jiangsu Iron and Steel Industry Association, the iron and steel industry in Jiangsu achieved significant growth in 2021 with total profit exceeding RMB60 billion (USD9
. 46 billion), an increase of about 60% . Jiangsu iron and steel industry strictly implemented the requirement of the Ministry of Industry and Information Technology on stopping crude steel output from increasing and saw a 1 . 5% decline in its crude steel output, which was the first decrease over the past 20 years, meanwhile its pig iron output was stable compared with the previous year.