Wisco's October Output Totals 3.22 Million Tons

Wuhan Iron and Steel Group (Wisco) produced 3.02 million tons of pig iron, 3.22 million tons of crude steel and 3.36 million tons of finished steel in October. Wisco estimated that its monthly revenue and profit would be 155.90 billion yuan and 2.48 billion yuan respectively.

In the first ten months, the group produced 28.64 million tons of pig iron, an increase of 17.79 percent from a year earlier; 30.31 million tons of crude steel, up 21.65 percent; and 29.49 million tons of finished steel, up 24 percent.