Date: 2013-07-31

Northeast Special Steel Posts Revenue of CNY 17 billion

Northeast Special Steel finishes a steel output of 1.87 million tonnes for the year of 2011 mounting 10.7% when compared with the prior year.

Products output is 1.61 million tonnes, increasing 10.8% YoY. Its prime operating revenue hits CNY 16.8 billion a yearly increase of 20.9%. Therein CNY 440 million is foreign exchange earnings climbing 70.6%.

Products of the mill have forays into European market carbon structure steel rod and steel flat into Japanese market and steel for automobile use into the US market ranking the third at the US market as tool steel supplier.

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