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Product Catalog
Focusing Xinjiang Steel Industry
It shows due to the price hike of steel price, the slaes revenue of major large and medium-sized steel industries grew over 20% by last year’s same period according to the performance report for the first half of 2011 released by China steel indurtry. While the profit growth of the whold industy is lower than expected, which affect by smelting material high cost especially the sharp risen price of iron ore and coking coal. Among those steel industries, the Xinjiang Bayi iron& steel industy got relatively sound business performance. For the first half of 2011, Bayi iron& steel company made the profit margin to 8.4%.
About Baosteel Group Xinjiang Bayi iron&steel company
The company is located in Urumchi and established in 1951. In 2012, as the unique steel industry in Xinjiang Bayi company got listed on the Shanghai Exchange. In 2007, Bayi company became the subsidiary of Baosteel Group.
At present, Bayi iron&steel industry owns annual output about 7million ton rough steel includes long products, metal plates and pipes which covers main market of Xinjiang steel market and make sales to North east China and central Asian countries.
* CBR provides rolls for whole processing line of Bayi iron&steel company in the year 2011.