China's Largest Steelmakers' June Profit Falls 38%, Daily Says -Shanghai Metals Market

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China's Largest Steelmakers' June Profit Falls 38%, Daily Says

Data Analysis 02:40:51PM Jul 27, 2010 Source:SMM

SHANGHAI, July 27 -- China's 77 largest steelmakers' profit fell 38 percent in June on a month earlier because of lower prices, the Economic Information Daily reported today, citing an unidentified China Iron & Steel Association official.

The combined profit of the mills last month was 6.25 billion yuan ($922 million), the report said.

 

 

Key Words:  CISA  steel 

China's Largest Steelmakers' June Profit Falls 38%, Daily Says

Data Analysis 02:40:51PM Jul 27, 2010 Source:SMM

SHANGHAI, July 27 -- China's 77 largest steelmakers' profit fell 38 percent in June on a month earlier because of lower prices, the Economic Information Daily reported today, citing an unidentified China Iron & Steel Association official.

The combined profit of the mills last month was 6.25 billion yuan ($922 million), the report said.

 

 

Key Words:  CISA  steel