| China Baosteel Aims to Double Steel Output by 2012 |
| Tuesday,October 24,2006 Posted: 07:14 BJT(2314 GMT) Reuters |
Baosteel Group, the country's largest steel maker, expects to nearly double its crude steel production to 50 million tonnes a year by 2012, according to a speech by a Baosteel executive to be delivered on Tuesday. Before 2010, Baosteel plans to achieve its crude steel production of 30 million tonnes and stainless steel production of 1.85 million tonnes, said Zhang Bianbo, general manager of the No.1 raw materials department at Baoshan Iron and Steel Co. Ltd. (Source: Reuters) |
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