Nanjing Steel’s semi annual report posted yesterday told us that its net profit in H1 was about CNY 75 million tumbling 87.21%YoY.

The 3.4101 million tonnes of pig iron, 3.6205 million tonnes of crude steel and 3.2989 million tonnes of steel products contributed to CNY 17.85 billion of sales income in Q1 and Q2 of 2012 accomplishing 48.15% of their initial target.

Source: www.steelhome.cn/en
China steel information centre and industry database

(www.steelguru.com)