China Iron and Steel Industry Association: The steel industry remained stable in the first three quarters

On October 24, the China Iron and Steel Industry Association held a third quarter information conference. For key steel companies in the first three quarters, the conference pointed out a decrease by 1.74% YoY to 4.66 trillion yuan in the operating income, 0.61% YoY fall to 4.39 trillion yuan in operating costs, 34.11% YoY fall to 62.1 billion yuan in total profit and 0.66 percentage point YoY fall to 1.33% in sales profit margin.