CITIC Pacific Special Steel posts 50-percent rise in profit in 2019

  • Monday, March 9, 2020
  • Source:ferro-alloys.com

  • Keywords:CITIC Pacific Special Steel profit
[Fellow]CITIC Pacific Special Steel posts 50-percent rise in profit in 2019.

[Ferro-Alloys.comCITIC Pacific Special Steel Group Co., Ltd. reported revenue of 2019 at ¥72.62 billion, up by 0.6% vs. the same period in last year, and  its profit of 2019 was ¥5.386 billion, up by 50.45% than the same period of last year.

With the annual production capacity of over 13 million-ton high-quality special steel and world-level process technology & equipment, nowadays, CITIC Special Steel is a top-quality special steel manufacturing base in the world, covering the large steel grades and full product categories; it has possessed such “Six Major Product Groups” as alloy steel bar, special medium & heavy plate, special seamless steel tube, special metallurgy forging, alloy steel wire rods and continuous casting alloy round billet as well as quenching & tempering materials, bright steel, auto components, grinding balls and other deep processed products, which are complete in variety, specification & matching and excellent in quality, with significant market competition advantages. Its products are also exported to more than 60 regions and countries such as America, Japan, EU and Southeast Asia, etc., and have gained appreciation from numerous domestic and overseas high-end users. (Translated by editor)

 
  • [Editor:kangmingfei]

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