Beijing Shougang Co.Ltd(000959) : the company’s production of electrical steel was smooth and stable in 2021, with an annual output of about 1.5 million tons

After AI express, investors ask questions on the investor interaction platform: what is the current annual production capacity of your company’s non oriented electrical steel?

Beijing Shougang Co.Ltd(000959) (000959. SZ) said on the investor interaction platform on January 30 that the company’s production of electrical steel was smooth and stable in 2021, with an annual output of about 1.5 million tons, including about 1.3 million tons of non oriented electrical steel. Through continuous optimization of product structure, the sales of high-grade non oriented electrical steel increased by about 25% year-on-year, and the sales of electrical steel for new energy vehicles increased by about 230% year-on-year.

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