[Ferro-Alloys.com] On April 6, Shougang Group issued the performance forecast for the first quarter of 2021. It is estimated that the net profit attributable to the shareholders of the listed company in the first quarter of 2021 will be 1-1.1 billion yuan, with a year-on-year increase of 406% - 457%, and the basic earnings per share will be 0.19-0.21 yuan.

Shougang said that during the reporting period, the company seized the favorable opportunity of the market to further optimize the product structure, enhance the proportion of high-end leading products, enhance the market competitiveness of products, increase market development, and enhance the overall efficiency of the company; deepen internal benchmarking, tap potential, increase cost control, and strive to digest the adverse factors such as the rise of upstream raw and fuel prices, resulting in further economic benefits Show.

Translated by editor

• [Editor:kangmingfei]