Beijing based Chinese steel giant Shougang Group has announced that in January of the current year the outputs of pig iron, crude steel, finished steel and iron ore concentrate at its subsidiary Shougang Tonggang Group were equivalent to 102.52%, 101.89%, 102.97% and 100.99% of the respective production targets for the month in question.

Tonggang Group achieved an operating revenue of RMB 1.60479 billion (USD 256 million) in January, up RMB 159.42 million year on year. Meanwhile, in January this year the Dashihe iron ore mine of Shougang Mining Co produced 117,500 tonne of iron ore concentrate, 2,500 tonne above the targeted output and up 3.89% compared with 113,100 tonne in the month of November last year.