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Valin Steel’s H1 sales of high-end steel soar

Hunan Valin Steel Co (Valin Steel), the Shenzhen-listed arm of Hunan Valin Group in Central China’s Hunan province, saw its sales of premium-quality steel increase by 20.4% on year to 4.48 million tonnes, according to the company’s semi-annual report released recently.
Valin Steel said it capitalized on demand from industries such as engineering machinery and petroleum, “grabbing high-price orders and optimizing resource allocation to improve the sales of plates and pipes”, it stated in the report on August 17. This supports a comment a Valin Steel official made last month that

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