Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel Co. (Liuzhou Steel) has announced that in 2014 it expects to register an operating revenue of RMB 35.619 billion ($5.81 billion), down 3.34 percent year on year, while it achieved a net profit of RMB 188 million ($30.67 million), down 13.08 percent year on year.
The company stated that in 2014 it produced 10.90 million mt of pig iron, 11.39 million of mt crude steel and 5.45 million mt of finished steel, while in 2013 its pig iron, crude steel and finished steel outputs had amounted to 10.33 million mt, 10.73 million mt and 13.19 million mt, respectively.