It’s reported that the Chinese steelmaker Valin Steel announced its financial result for the first half of this year on July 7th.
Valin Steel posted a net loss of RMB373~RMB393 million for the first half of this year, in comparison of a net loss of RMB1.305 billion in the same period of a year ago.
Meanwhile, it’s known that Valin Steel realized a net loss of RMB3.254 billion in 2012, slumping from a net profit of RMB70.14 million in 2011.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65272&division=A6
