National Bureau of Statistics: From January to February 2023, the ferrous metal smelting and rolling processing industry achieved operating income of 1,190.65 billion yuan, a year-on-year decrease of 6.7%; operating costs of 1,152.86 billion yuan, a year-on-year decrease of 4.4%; a loss of 10.1 billion yuan, a year-on-year decrease of 151.1%.