Laiwu Steel Company Profile - Aug 11, 2011

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Laiwu Steel  Company Profile - Aug 11, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Laiwu Steel Corporation Limited
                                                                                       440 Wheelers Farms Road
                                                                                       Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Chinese Renmimbi

                                 Wright Quality Rating:CCNN                               Key Data

   Laiwu Steel Corporation is principally engaged in the manufacture and sale of pig      Ticker:
   iron, steel billets, steel ingots, steel products, coke and granulating slag and the   600102
   supply of electricity and heat. During the year ended December 31, 2009, the
   Company produced approximately 4.93 million metric tons of pig iron, 5.93 million      2010 Sales:
   metric tons of steel and 6.91 million metric tons of steel products. The Company
                                                                                          40,290,837,000
   distributes its products domestically and to overseas markets with eastern China as
   its major market. As of December 31, 2009, the Company had eight major
   subsidiaries and three associates.                                                     Major Industry:
                                                                                          Metal Producers & Products
                            Stock Chart                                 Officers
                                                                                          Manufacturers
                                                                       Chairman
                                                                      Qixiang Chen
                                                                                          Sub Industry:
                                                                     Vice Chairman        Steel Producers -
                                                                       Kening Tian        Integrated

                                                                    Finance Director      Country:
                                                                      Mingyu Chen         China

                                                                       Secretary          Currency:
                                                                       Xianjin Min        Chinese Renmimbi

                                                                                          Fiscal Year Ends:
                                                                                          December

                                                                                          Employees
                                                                                          15,534

                  Stock Price (8/5/2011): 8.54                                            Exchanges:
                   Recent stock performance                                               SHG
                       1 Week       -3.7%
                       4 Weeks     -13.6%                                                 Share Type:
                       13 Weeks    -25.5%
                                                                                          A Gu
                       52 Weeks     -2.0%
                    
				
DOCUMENT INFO
Description: Laiwu Steel Corporation is principally engaged in the manufacture and sale of pig iron, steel billets, steel ingots, steel products, coke and granulating slag and the supply of electricity and heat. During the year ended December 31, 2009, the Company produced approximately 4.93 million metric tons of pig iron, 5.93 million metric tons of steel and 6.91 million metric tons of steel products. The Company distributes its products domestically and to overseas markets with eastern China as its major market. As of December 31, 2009, the Company had eight major subsidiaries and three associates.
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