Profit ratio of CISA's member enterprises reaches 2.8% in 2010

BEIJING (Asian Metal) 23 Feb 11 – A report of China Iron & Steel Association (CISA) showed that the output of crude steel produced by its member enterprises was 515.33 million tons in 2010.Asian Metal Copyright03t.Asian Metal Copyright Meanwhile, the sales revenue reached 89.Asian Metal Copyright Meanwhile, the sales revenue reached 89.Asian Metal Copyright407 billion Yuan, with the profit ratio of 2.Asian Metal Copyright7t.Asian Metal Copyright8%.

According to the report, Baosteel Group produced 37.0379 million tons of crude steel and recorded the sales revenue of 23.Asian Metal Copyright Meanwhile, the sales revenue reached 89.Asian Metal Copyright61851 billion Yuan in 2010.Asian Metal Copyright Meanwhile, the sales revenue reached 89.Asian Metal Copyright Meanwhile, Baosteel Co.Asian Metal CopyrightBEIJING Asian Metal 23 Feb 11 – A report of China Iron Steel Association CISA showed that the output of crude steel produced by its member enterprises was 515.Asian Metal Copyright, Ltd sold 26.Asian Metal Copyright33 million tons in 2010.Asian Metal Copyright3248 million tons of finished steel and gained the sales revenue of RMB5,878.03/t.Asian Metal Copyright Sources pointed out that although prices of finished steel increased by 15% year on year in 2010, the significant price markup of raw materials reduced profit of steel mills to a large extent .Asian Metal Copyright In addition, Wuhan Steel Co.Asian Metal Copyright61851 billion Yuan in 2010.Asian Metal Copyright, Ltd recorded a sales amount of 13.Asian Metal Copyright, Ltd recorded a sales amount of 13.Asian Metal Copyright6489 million tons and got the sales revenue of RMB4,868.7/t.Asian Metal Copyright33 million tons in 2010.Asian Metal Copyright Ansteel Co.Asian Metal Copyright61851 billion Yuan in 2010.Asian Metal Copyright, Ltd witnessed the sales volume of 20.Asian Metal Copyright407 billion Yuan, with the profit ratio of 2.Asian Metal Copyright6929 million tons, with the sales revenue of RMB4,288.15/t.

Sources pointed out that although prices of finished steel increased by 15% year on year in 2010, the significant price markup of raw materials reduced profit of steel mills to a large extent