Bao Gang United Steel produced about 14.75 million tonnes of iron, 15.20 million tonnes of crude steel and 14.26 million tonnes of commercial steel billets, 357,100 tonnes of rare earth concentrate (dry basis, REO=50%) and 502,400 tonnes of fluorspar concentrate in 2023, according to the company's annual report.

In terms of annual sales, the Chinese company sold around 14.36 million tonnes of commercial steel billets, 346,900 tonnes of rare earth concentrate and 312,700 tonnes of fluorspar concentrate.

The company also provided its annual production guidance for 2024, including 14.82 million tonnes of iron, 15.73 million tonnes of crude steel, 14.85 million tonnes of commercial steel billets, 370,000 tonnes of rare earth concentrate and 650,000 tonnes of fluorspar concentrate.