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Valin Group achieved record high in its steel output in 2017      [2018-03-01]

 

Valin Group achieved record high in its steel output of 20.15 million tons in 2017, ranking eighth in China. The sales revenue reached 120.9 billion yuan ($19.07 bn) and profits of 5.4 billion yuan ($85.18mn). Valin has become No.1 in the profit growth among local mills nationwide. In 2018, Valin’s business objectives are: Iron-making: 18.33 million tons Steel-making: 21.65 million tons Steel-rolling: 20.68 million tons Revenue: 135.2 billion yuan ($21.32bn) Profits: 5.5 billion yuan ($86.74mn) Asset-liability ratio: drop to about 60% Valin Xiangtan Iron & Steel Co., Limited, serving the steel industry since 1958, has appointed Steel CLIK as its sole partner for promotion in overseas market. Learn more: http://valin.steelclik.com


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