1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      China to restructure steel industry

      2013-01-22 16:55 CNTV     Web Editor: yaolan comment

      The industrial restructuring concerns nine industries and over 900 listed companies with market value of nearly 670 billion US dollars. The figures indicate the extent of overproduction the drastic measures needed. Industry leader Bao Steel has just demolished its recently-built production line in Shanghai.

      This is a steel project of Bao Steel in Shanghai. It stopped production last September and now the workers are taking down the shaft furnace.

      Four years ago, Bao Steel paid more than 2 billion US dollars for the company. And that's when the steel market began to drop.

      Hu Xuefa, assistant to General Manager of Bao Steel, said, "I'm more heartbroken than anyone else. The project was built under my supervision day and night. But I also witness its shut-down."

      Hu Xuefa says when production went on-line, the ship building industry was taking off worldwide.

      Then came the financial storm in 2008. The figures show the project accumulated a loss of about 4 million US dollars that year from April to December.

      In 2009, the loss surpassed 16 million US dollars. Bao Steel did not disclose its loss in 2010, but net profit was minus 4.7 percent. And in 2011, its net profit dropped to minus 8.9 percent.

       

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 日韩免费观看的一级毛片| 很黄很黄的网站免费的| 免费永久看黄在线观看app| 亚洲香蕉久久一区二区三区四区| 免费精品99久久国产综合精品| 亚洲国产第一站精品蜜芽| 久久成人永久免费播放| 亚洲日韩精品无码专区网址 | 亚洲欧洲国产精品香蕉网| 一区二区三区视频免费观看| 亚洲高清偷拍一区二区三区| 一级做α爱过程免费视频| 中文字幕在亚洲第一在线| 成人免费av一区二区三区| 亚洲人成网7777777国产| 久久一本岛在免费线观看2020| 亚洲国产精品自在在线观看| 1000部拍拍拍18勿入免费视频软件| 2020亚洲男人天堂精品| 国产精品免费电影| 一级特黄录像视频免费| 亚洲av一综合av一区| 亚洲视频免费在线看| 亚洲欧美日韩国产精品一区| 亚洲av无码成人精品区在线播放| 亚洲精品偷拍视频免费观看| 亚洲AV永久无码精品水牛影视| 国产免费的野战视频| 亚洲AV第一成肉网| 亚洲精品无码成人片久久| 最近最新高清免费中文字幕| 亚洲一区二区三区丝袜| 国产精品亚洲mnbav网站| 久久久久免费看黄a级试看| 在线观看亚洲AV日韩A∨| 无码欧精品亚洲日韩一区夜夜嗨| a级黄色毛片免费播放视频| www.亚洲日本| 日韩亚洲变态另类中文| 国产成人免费在线| 日韩精品视频在线观看免费|