Bayi Steel’s operating revenue down 44.77 percent in Jan-Sept

Xinjiang Autonomous Region-based Chinese steelmaker Bayi Iron and Steel Group (Bayi Steel) has announced that in the January-September period of the current year it registered an operating revenue of RMB 9.202 billion ($1.45 billion), down 44.77 percent year on year, with a net loss of RMB 1.729 billion ($0.28 billion) compared to a net loss of RMB 1.241 billion in the same period of 2014.