Shanxi Province-based Chinese stainless producer Taigang Stainless Steel Co. (Taigang Stainless Steel), a listed subsidiary of Taiyuan Iron and Steel (Group) Co. (TISCO), has announced that its crude steel output is expected to total 10.25 million mt in 2015, with its stainless crude steel output expected to amount to 4.01 million mt. Meanwhile, the company expects to achieve an operating revenue of RMB 90.8 billion ($13.78 billion) for 2015.
Taigang Stainless Steel stated that it plans to produce 10.40 million mt of crude steel in 2016, including 4.20 million mt of stainless crude steel.