[Ferro-Alloys.com]The output value of Qinghai Huatie Metal Limited in 2014 totaled 736.462 million yuan, with an year-on-year increase of 1.45%. Meanwhile, the company still faced the inventory problem and capital pressure.
[Ferro-Alloys.com]The output value of Qinghai Huatie Metal Limited in 2014 totaled 736.462 million yuan, with an year-on-year increase of 1.45%. Meanwhile, the company still faced the inventory problem and capital pressure.
According to the report of Jien Nickel, the company would loss RMB350-500million in 2014. In 2013, Jien Nickel gained RMB98.54million and the adjusted net profit was RMB80.51million.
Sakura Ferroalloys SDN BHD is a joint venture between mining house, Assmang Limited (South Africa), trading giant, Sumitomo Corporation (Japan) and manufacturer, China Steel Corporation (Taiwan).