A slight increase in 2016 net profit of modern iron and steel
- 来源：骏楠官网
- 作者：骏楠管理员
- 日期： 2017-02-14
South Korea Hyundai Steel Corp recently released 2016 earnings report, despite the global steel market downturn, but the company's steel production and sales still achieve growth. At the same time, the modern iron and steel through the expansion of high value-added product sales, improve the operating performance of subsidiaries, and take the optimization of ironmaking operation mode, improve the proportion of low grade coal, improve the production efficiency of the equipment, reduce energy and shipping costs, as well as the development of low cost substitute measures such as sustainable development cost reduction activities. Therefore, the modern iron and steel although 2016 sales and operating profit decline, but the net profit growth, and the amount of loans continued to decline, financial stability is also improved, will help the company to achieve long-term development goals.
