XINGTAI CITY, CHINA — (Marketwire) — 07/13/12 — Longhai Steel Inc. ("Longhai of the Company") (OTCBB: LGHS), a producer of high-quality steel wire products in the People-s Republic of China, today announced it commenced initial production of high quality steel wire in its second production facility at the end of the second quarter of 2012. The Company expects to ramp production of high quality steel wire to full capacity by the end of 2012.The Company-s 600,000 MT production facil
2011 Net Income at $11.2 Million, Representing $1.12 in Earnings per Share
Fourth Quarter Net Income Estimated at $6.3 Million, an Increase of 36.4%, Also a Record
XINGTAI CITY, CHINA — (Marketwire) — 01/26/12 — Longhai Steel Inc. ("Longhai") (OTCBB: LGHS), a producer of high quality steel wire products in the People-s Republic of China, today announced record Fourth Quarter 2011 output and sales volume of steel wire.With additional capacity beginning to come on line from its newly-opened second production facility, Fourth Quarter 2011 steel wire output was 293,862 Metric Tons, up 23% from 238,912 Metric Tons in the same period of 2010. Four