Bensteel Group's Mining Sector Achieved a Strong Start in the First Quarter!

Apr 17, 2025, at 11:18 am

In Q1, Bensteel Group's mining company faced an exceptionally severe market situation. They fully implemented the group's overall requirements to accelerate the "Five Transformations" and win the "Five Battles." They established a breakthrough mindset, strengthened development confidence, and rigidly implemented all established measures. They deeply tapped into the potential for efficiency improvement across all elements, kept their promises, and benchmarked against standards. They fully leveraged their resource advantages, achieving an iron ore concentrates production of 2.3497 million mt, exceeding the target by 13,700 mt. The cost reduction per mt of ore reached 5.4 yuan/mt, surpassing the target by 0.4 yuan/mt. They achieved a "good start" in the first quarter.

Selected News
Steel
Iron ore

SMM

Bensteel Group's Mining Sector Achieved a Strong Start in the First Quarter!

The market activity showed mediocre performance, and spot premiums/discounts remained stable [SMM North China Spot Copper].

The Rare Earth Market Experienced a Polarization, with Light Rare Earth Prices Continuing to Decline [SMM Rare Earth Daily Review]