China’s private mills see 9-months profit leap by 130%

摘要

China’s 160 privately ownedsteelmakers monitored by the Chamberof Metallurgical Industry have achieved acombined profit of Yuan 168.3 billion ($24.4 billion) in the first nine months of this year,soaring 130% on year, according to a reportreleased by the organization Saturday.Meanwhile, the asset liability ratio ofprivate mills decreased to 61.3% by theend of September, down eight percentagepoints on year.