Hebei Iron and Steel: ton steel cost rise affects performance

Description of the incident Hebei Iron and Steel today issued a notice, the company subordinate Tangshan, Handan, Chengde Branch has been received limited power notice.　　The company estimated that the limited production of three branches of the total impact of the company 9-December crude steel output reduction of about 1.5 million tons, accounting for the company's annual planned crude steel production of 6%. Event comments Limited production of 1.5 million tons affects the annual planned output of about 6% according to the company's announcement, the limiting power rationing is expected to affect 9-December production of about 1.5 million tons, accounting for the annual planned crude steel production ratio of about 6%. According to this ratio, the company's original output in 2010 may be slightly higher than the planned 23.45 million tonnes earlier in the year. Projected impact 9-December monthly output margin of about 18%.