Review of Huatie Metal Limited in 2014

  • Tuesday, February 3, 2015
  • Source:ferro-alloys.com

  • Keywords:Huatie Metal Limited, ferrochrome
[Fellow][Ferro-Alloys.com]The output value of Qinghai Huatie Metal Limited in 2014 totaled 736.462 million yuan, with an year-on-year increase of 1.45%. Meanwhile, the company still faced the inventory problem and capital pressure.
[Ferro-Alloys.com]The output value of Qinghai Huatie Metal Limited in 2014 totaled 736.462 million yuan, with an year-on-year increase of 1.45%. Meanwhile, the company still faced the inventory problem and capital pressure. On the one hand, the company was at full production amid the weak market, on the other hand, the company left 944 tonnes of silicon Chromium and 2,900 tonnes of ferrochrome in the warehouse due to the decreasing prices. The increasing stock toughened the financial difficulty. At the mean time, the company would continue to improve the metallurgical process of ferrochrome in 2015.
 
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