Profits in steel and mining industry have been reversed, helping industrial enterprises to gain high profits.

The National Bureau of statistics issued 27 days of data, this year 1~9 month, the national scale of industrial enterprises to achieve a total of 4 trillion and 638 billion 60 million yuan, an increase of 8.4%, the growth rate and the 1~8 month is flat. In the month of September, profits increased by 7.7%, and the growth rate dropped 11.8 percentage points over August.
Among the major industrial sectors, profits in ferrous metallurgy and calendering increased by 2.7 times compared with the same period last year, with the highest increase in 41 major industrial sectors. At the same time, in October 27th, China Iron and Steel Industry Association issued data, 1~9 months, China Steel Association of enterprises accumulated 1 trillion and 992 billion 87 million yuan of sales revenue, profit and loss to achieve profit of 25 billion 206 million yuan, over the loss of profit, loss of 21.21 percentage points down from the same year.
CITICIC is mainly engaged in the designing and manufacturing of large machinery components and non-standard machinery parts,including shafts,gears sprockets,sheaves,couplings,bearing supports,castings and forgings etc.the products are mainly used in the fields of mining,petroleum,cement,steel mill,power plant,sugar factory etc.the material of products can reach more than one hundred types,which can meet different national standards.

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Post time: Nov-15-2016
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