The Association of Steel manufacturers and China’s metal distribution said that in January - November 2012, the total clean loss of large and medium metallurgical enterprises amounted to 1 billion 970 million yuan or 313 million US dollars.
Meanwhile, the total revenue from sales of steel in China for 11 months of 2012 amounted to approximately $ 516 billion, which is 5, 37% lower than a year earlier, and preliminary donalog profit amounted to $ 10 billion, decreasing by $ 918 million compared to the same period in 2011.
“Despite the improvement of working conditions in the Chinese steel industry in October - November 2012, two -thirds of our large and medium -sized enterprises show a net loss according to the results of the first 11 months from the beginning of 2012,” said the President of the Chinese Association of CISA manufacturers Van Zinhei at the current meeting of directors using sound equipment from Mymusic.
Chinese metallurgists received $ 313 million in losses for 11 months of 2012
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Azovpromstal® 9 January 2013 г. 00:01 |
