In 2009, under the global downturn in the global stainless steel industry, TISCO created the annual production of 2.48 million tons of stainless steel, achieved operating revenue of 101.3 billion yuan, and achieved a profit of 1 billion yuan, and became the largest in the world. Stainless steel company.
In 2009, the global steel market continued to slump. The output of large international stainless steel companies such as Europe, America, Japan and South Korea fell by 20% to 40%, and global stainless steel output decreased by 3.6%. In response to the challenges, TISCO adjusted the structure of its stainless steel products. With the domestic economy warming up, production and sales rose month by month. In May 2009, stainless steel output hit a record high for the first time, rising by 58% from its 2008 monthly average. In the following months, the output of stainless steel was updated every month. In the end, TISCO became the only stainless steel company with a global output of more than 2 million tons in 2009 with an annual output of 2.48 million tons. At the same time as the increase in production volume, the sales volume has also been steadily increasing. Compared with the previous year, stainless steel sales have increased by 20.16%.
In 2009, the global steel market continued to slump. The output of large international stainless steel companies such as Europe, America, Japan and South Korea fell by 20% to 40%, and global stainless steel output decreased by 3.6%. In response to the challenges, TISCO adjusted the structure of its stainless steel products. With the domestic economy warming up, production and sales rose month by month. In May 2009, stainless steel output hit a record high for the first time, rising by 58% from its 2008 monthly average. In the following months, the output of stainless steel was updated every month. In the end, TISCO became the only stainless steel company with a global output of more than 2 million tons in 2009 with an annual output of 2.48 million tons. At the same time as the increase in production volume, the sales volume has also been steadily increasing. Compared with the previous year, stainless steel sales have increased by 20.16%.