China’s Lengshuijiang Iron and Steel targets to produce 2.9mn mt of pig iron, 3mn mt of billet and 3mn mt of steel in 2020, according to China Metallurgical News. Lengshuijiang targets CNY 510mn of profit and CNY 11.79bn sales revenue in 2020. 

 

In 2019 the company’s output of pig iron was 2.8mn mt, steel billets produced were 3.02mn mt and steel output was at 3.03mn mt.The company’s net profit was CNY510mn and sales revenue was CNY11.79bn in 2019. 

 

Lengshuijiang Iron and Steel is one of the subsidiaries of Hunan Bochang Group and manufacturers stainless steel, construction materials, strip steel among other products. 

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