Xinyu Iron and Steel sees profit up by 416.11% in H1

According to the semi-annual report released on August 24 from Xinyu Iron and Steel, the company produced 4.Asian Metal Copyright11% YOY.Asian Metal Copyright27 million tons of pig iron, 4.Asian Metal Copyright The company analyzed attributed the satisfactory result to the on-going national policy on capacity removal and the slight price increase for crude fuel.Asian Metal Copyright33 million tons of steel and 4.Asian Metal Copyright69% YOY and net profit of RMB572 million, up by 416.Asian Metal Copyright09 million tons of billet steel, achieving operating income of RMB22.Asian Metal Copyright11% YOY.Asian Metal Copyright6 million, up by 83.Asian Metal Copyright The company analyzed attributed the satisfactory result to the on-going national policy on capacity removal and the slight price increase for crude fuel.Asian Metal Copyright69% YOY and net profit of RMB572 million, up by 416.Asian Metal Copyright69% YOY and net profit of RMB572 million, up by 416.Asian Metal Copyright11% YOY.

The company analyzed attributed the satisfactory result to the on-going national policy on capacity removal and the slight price increase for crude fuel.
.Asian Metal Copyright69% YOY and net profit of RMB572 million, up by 416Asian Metal Copyright