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.
