Steel market better YOY while steel scrap market grim in Q1
2013-05-16 17:40:06 【Print】
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According to preliminary estimates, profit reached RMB2
. 39 billion in steel industry in Q1, 2012 while the figure of major mills was RMB2 . 603 billion . It was common view that steel industry got better in 2013 than that of 2012 . The age of excessive profit in steel industry had been no longer in existence, and meager profit or even loss remained in both steel industry and downstream & upstream industries .