Bayi Steel returns to profit in 2016
Tuesday, 11 April 2017 10:30:01 (GMT+3)
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Shanghai
Xinjiang Autonomous Region-based Chinese steelmaker Bayi Iron and Steel Group (Bayi Steel) has announced in its annual report that in 2016 it registered a net profit of RMB 36 million ($5.22 million), compared to the net loss of RMB 2.5 billion it recorded in 2015.
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