On February 4, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in January of the current year its outputs of pig iron and crude steel amounted to 867,300 mt and 891,800 mt respectively. Meanwhile, its output of finished steel in the given month totaled 869,600 mt, up 5.29 percent year on year.

Additionally, Baogang Group produced 78,100 mt of rail steel in January, up by 54.76 percent on year-on-year basis, against the background of increasing railway construction in China.