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Tiantie Group H1 crude steel output up by 29.68% YoY

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It is reported that Tianjin Tiantie Steel Group produced 2.51 million tonnes of crude steel in H1 of 2008 up by 29.68% YoY, 2.39 million tonnes of pig iron up by 29.33% YoY and 1.89 million tonnes up by 68.48%.

It also posted sales revenue of CNY 27.4 billion and profit of CNY 391 million in H1 of 2008 up by 101% YoY and 25%YoY respectively.

As per report, the mill's CR sheet project was put into formal operation on June 10th 2008 and that the second stage project is also under construction.

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