The gross profit of Chinese metallurgical enterprises in January-September 2025 amounted to 97.34 billion yuan.

In the period from January to September of this year, the ferrous metals smelting and rolling sector in China recorded a gross profit of 97.34 billion yuan (13.7 billion US dollars), compared with a gross loss of 34.1 billion yuan recorded in the same period last year, as announced by the National Bureau of Statistics of China (NBS) October 27.

The automotive sector recorded an increase in gross profit for the period to 348.25 billion yuan ($49 billion), which is 3.4 percent more than last year.

At the same time, the ferrous metals mining and processing sector, the metal production sector, as well as the railway, shipping, aerospace and other transportation equipment recorded gross profits of 33.54 billion yuan (4.7 billion US dollars), 119.6 billion yuan (16.8 billion US dollars) and 101.76 billion yuan (14.3 USD billion) for the first nine months. A decrease of 27 percent, an increase of 2.2 percent and an increase of 37.3 percent year-on-year, respectively.

For the specified period, the total gross profit of large and medium-sized industrial enterprises in China amounted to 5.3732 trillion yuan ($0.76 trillion), which is 9.9 percent more than a year earlier.