January 24 night, Daye Special Steel [15.940.63%], Hangzhou Iron and Steel shares [5.02-0.59%] issued a notice. Announcement,cast bronze Daye Special Steel net profit in 2010 up by 50% -100%, bronze bushing Hangzhou Iron and Steel shares is expected to net profit in 2010 up by 100% -150%.
Daye Special Steel expects a net profit of 562 million last year, an increase of 50% -100%. Same period last year,dry bushing the company achieved net profit of 333 million. Bulletin said the report period, an increase of steel production and sales, plain bearing procurement, cost and process cost reduction, making the net profit increased considerably. Hangzhou Iron and Steel shares is expected to last year's net profit rose 100% -150%. Same period last year, the company achieved net profit of 147 million yuan,sleeve bushing 0.17 yuan per share. DU bushing Public notice,bushing by optimizing product mix, strengthen the marketing and management, strictly control the purchasing process costs and reduce the cost of such measures, the company improved product profitability.
brass bushing It is understood that Daye Special Steel 200 million tons annual output of the main products are bearing steel, gear steel,brass bushing spring steel, tool and die steel, free cutting steel, military, steel, thick-walled seamless steel tubes and other key categories, can the production of bar, flat products, in coils, forgings, forgings, seamless tube and other profiles,plastic bushing the production of more than 800 varieties, 1,800 kinds of specifications. Hangzhou Iron and Steel shares with 400 million tons of steel production capacity, according to regional market demand, attaches great importance to high-tech, high value-added steel products research and development, development of new products have accumulated more than 200, more than 80% superior than steel .