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  • MIIT: Iron and steel industry runs steadily in 2019

    2020-03-12 11:51:08   [Print]
    Recently, Ministry of Industry and Information Technology (MIIT) released 2019 operation report of iron and steel industry.Asian Metal Copyright In 2019, member iron and steel enterprises of China Iron and Steel Industry Association recorded a sales revenue of RMB4.Asian Metal Copyright According to MIIT, iron and steel industry continued promoting supply-side structural reform, consolidated overcapacity cutting achievements and accelerated structural adjustment, transformation and upgrading in 2019, showing a stable operation status.Asian Metal Copyright As iron and steel output increased at a faster speed, prices for steel products edged down and prices for iron ore and other crude fuel materials rose, iron and steel enterprises suffered a sharp decline in economic profit.Asian Metal Copyright As iron and steel output increased at a faster speed, prices for steel products edged down and prices for iron ore and other crude fuel materials rose, iron and steel enterprises suffered a sharp decline in economic profit.Asian Metal CopyrightRecently, Ministry of Industry and Information Technology MIIT released 2019 operation report of iron and steel industry.Asian Metal Copyright In 2019, member iron and steel enterprises of China Iron and Steel Industry Association recorded a sales revenue of RMB4.Asian Metal Copyright1%, and saw a profit of RMB188.Asian Metal Copyright27 trillion (USD0.Asian Metal Copyright .Asian Metal Copyright61 trillion), a year-on-year growth of 10.Asian Metal Copyright9%.Asian Metal Copyright1%, and saw a profit of RMB188.Asian Metal Copyright .Asian Metal Copyright994 billion (USD27.Asian Metal Copyright994 billion USD27.Asian Metal Copyright15 billion), a year-on-year decline of 30.Asian Metal Copyright15 billion, a year-on-year decline of 30.Asian Metal Copyright9%.
    .Asian Metal Copyright61 trillion, a year-on-year growth of 10Asian Metal Copyright
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