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Jianlong Xilin steel output hit record 4 mln t in 2019

Jianlong Xilin Iron & Steel Group (Xilin Steel), achieved a record high steel output of s4 million tonnes in 2019, up 39% or 1.12 million tonnes after the first-year restructuring by the Beijing-headquartered Jianlong Heavy Industry Group (Jianlong Group) since the end of 2018, according to a release of Jianlong Group on its official Wechat account on January 8.
“Things are not bad this year in terms of our welfare and benefits,” a sales official from the company told Mysteel Global on January 10. The restructuring revived the company in that its business revenue also grew Yuan 6 billion ($868.3 million) or 36% on year to Yuan 16.5 billion including


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