Shuicheng Steel Loses 29.8 Million Yuan in July
2010-9-1In the first seven months of this year, Shuicheng Steel''s revenue totaled 7.07 billion yuan and its profit amounted to 85.83 million yuan. However, the mill made a loss of 29.79 million yuan in July following a deficit in June.
In July, the mill produced 267,000 tons of steel products and shipped 264,000 tons, with a production to sales ratio of 99.17 percent.
