Iron Ore Market Report March 2012

China's industrial firms suffered a rare annual drop in profits in the first two months of 2012 mainly in petrochemicals, metals and auto companies, the latest signs of weakening momentum in the world's No.Asian Metal Copyright Profits fell 5.Asian Metal Copyright 2 economy.Asian Metal Copyright86 billion, or 454.Asian Metal Copyright Profits fell 5.Asian Metal Copyright2 percent so far in 2012, according to the industrial profitability indicator, published by the National Bureau of Statistics NBS every month.Asian Metal Copyright2 percent so far in 2012, according to the industrial profitability indicator, published by the National Bureau of Statistics (NBS) every month.Asian Metal Copyright Industrial profits in 2011 jumped 25.Asian Metal Copyright The indicator of year-to-date profits covers industrial firms with annual revenue above 20 million yuan and showed a downward trend of industrial profitability in China.Asian Metal Copyright4 percent to 5.Asian Metal Copyright The last period that China reported nationwide industrial profit fall was in the first eight months of 2009.Asian Metal Copyright The last period that China reported nationwide industrial profit fall was in the first eight months of 2009.Asian Metal Copyright Industrial profits in 2011 jumped 25.Asian Metal Copyright The last period that China reported nationwide industrial profit fall was in the first eight months of 2009.Asian Metal Copyright4 percent to 5.Asian Metal Copyright45 trillion yuan $863.Asian Metal Copyright45 trillion yuan ($863.Asian Metal Copyright45 trillion yuan $863.Asian Metal Copyright86 billion), or 454.Asian Metal Copyright2 percent so far in 2012, according to the industrial profitability indicator, published by the National Bureau of Statistics NBS every month.Asian Metal Copyright5 billion yuan a month in average, but in the first two months of 2012, combined profits of Chinese industrial firms were only 606 billion yuan, or 303 billion yuan a month.Asian Metal Copyright86 billion, or 454.Asian Metal Copyright