23.05.2012, 17:20
Lianyuan Steel Terminated Continuous Loss in Profit
OREANDA-NEWS. May 23, 2012. Lianyuan Steel, one subsidiary of Valin, has seen emerging progress after more than one year rectification and improvement of internal management of the company. It has been proved from Lianyuan Steel that profit of 28 million RMB has been generated in April and terminated continuous profit loss since Sept. 2011. “ We can control our work by ourselves although we cannot control the market.” Many management persons inside Valin Lianyuan Steel think that the implementation and improvement of lean internal management rules and digging the potentials resulted in the turnaround of severe profit loss into gain. The leaders in Lianyuan Steel thinks that the steel market is keeping gloom. “Leadership in the cost” should always be kept as the weapon against market winter.
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