Yieh News
China’s Taiyuan Iron & Steel (Tisco) produced 2.48 million tons of stainless steel products, reaching the revenue and profit of RMB101.3 billion and RMB 1 billion respectively.
In 2009, facing the global financial crisis, Tisco took an optimistic attitude to encounter the challenge and surmount difficulties.
The stainless steel mills in the EU, the U.S., Japan and Korea cut their output by 20-40 percent while Tisco was operating at 38 percent in last year.
Tisco’s total output recorded over 2 million tons, becoming the biggest stainless steel mill in the world.
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