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English > Industry > Industry-Breaking News>Hebei Iron & Steel June Profit Surges 200%

Hebei Iron & Steel June Profit Surges 200%

07-21 13:04 Caijing



» Hebei Iron & Steel Group's June profit surged nearly 200 percent to 273.7 million yuan as an economic recovery spurred demand.
» China's steel products price index climbed to 101.98 points at the end of June, up about 20 percent from April's trough, as the government's huge infrastructure-focused stimulus package boosted demand.
» China's 72 major steel companies booked aggregate profit of 1.3 billion yuan in May, breaking a seven-month string of losses, after a jump in demand and prices.
From wires
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