OREANDA-NEWS. January 24, 2012. Baotou Steel has set up five missions for 2012 as follows:

- To achieve sales revenue of 60 billion yuan and reduce costs by 1.9 billion yuan

- To produce 10.45 million tons of pig iron, 9.69 million tons of steel, 10.34 million tons of steel products and 59,000 tons of rare earth oxides

- To accomplish fixed asset investment worth a total of 23 billion yuan

- To safeguard year-on-year growth in main economic and technological indicators such as BF utilization ratio, coke ratio, comprehensive energy consumption per ton of steel, fresh water consumption per ton of steel and product qualified rate 

- To increase the average annual salary of full-time employees by at least 6,000 yuan.