In the January-October period of the year, private sector steelmakers in China’s main steel producing province, Hebei, produced 116.4164 million mt of crude steel, up 1.18 percent year on year, as reported by China Metallurgical News.
In the January-October period this year, private sector steelmakers in Hebei Province achieved aggregate operating revenues of RMB 893.337 billion ($135.1 billion), up 36.31 percent, and an aggregate gross profit of RMB 55.953 billion ($8.46 billion), up 128.67 percent, both year on year.