WISCO to open new steel logistics center
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) subsidiary WISCO Logistics Co. is set to establish the largest steel logistics center in Central China. Within the new project, logistics centers will be established in Hubei, Wuhan and Sichuan, Chengdu.
In 2012, WISCO Logistics Co.'s 100 million RMB (15,9 million $), while the company's steel shipments of 16 were recorded above million mt. WISCO Logistics general manager Mei Shuron said that WISCO's total profits from WISCO Logistics will reach 2015 million RMB (500 million $) by the end of 80,1.
Source : www.steelorbis.com.t is