Sansteel Minguang Co.,Ltd operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sansteel Minguang Co.,Ltd with three other
companies in this sector in China:
Xinjiang Ba Yi Iron & Steel Co Ltd
sales of 9.89 billion Chinese Renmimbi [US$1.56 billion]
of which 96%
was Steel Industry),
Lingyuan Iron & Steel Co., Ltd.
(14.46 billion Chinese Renmimbi [US$2.29 billion]
of which 78%
was Ferrous metal smelting and rolling), and
SGIS Songshan Co., Ltd.
(13.97 billion Chinese Renmimbi [US$2.21 billion]
of which 79%
was Steel Product).
During the year ended December of 2016, sales at
Sansteel Minguang Co.,Ltd were 14.12 billion Chinese Renmimbi (US$2.23 billion).
increase of 12.6%
versus 2015, when the company's sales were 12.54 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Sansteel Minguang Co.,Ltd
reported sales of 18.02 billion Chinese Renmimbi.
Sales of Metallurgy saw an increase
16.3% in 2016, from
11.49 billion Chinese Renmimbi to 13.36 billion Chinese Renmimbi.
Not all segments of Sansteel Minguang Co.,Ltd experienced an increase in sales in 2016:
sales of Other Operation fell 28.2% to 757.78 million Chinese Renmimbi.