It’s reported that China Iron and Steel Association pointed out that its 80 member enterprises in China realized net profits of RMB1.581 billion in 2012, slumping by 98.22% from a year ago.
In 2012, the 82 member enterprises posted sales revenues of RMB3.54411 trillion, decreasing by 4.31%; the pre-tax profits were at RMB74.089 billion, falling by 54.33%, both compared to the figures in a year ago.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62915&division=A6
