In the January-May period of the current year, the steel industry in China's Hebei Province recorded an overall operating revenue of RMB 439.55 billion ($65.6 billion), up 9.96 percent, and a gross profit of RMB 33.431 billion ($4.99 billion), rising by 119.66 percent, both year on year, with the gross profit accounting for 35.08 percent of overall industrial gross profits in Hebei Province in the given period, as announced by Hebei Metallurgical Industry Association.