Released on the 26th by the Baosteel Group, Baosteel Group's Social Responsibility Report: Outlook 2012, the steel industry profit era will continue.

Mentioned in the report: profit era of the steel industry this year will continue, sustained global economic downturn would have on domestic export industries include iron and steel and downstream shipbuilding, home appliances, machinery and other industries a significant impact.
 
At the same time, the market demand growth will slow, steel products, the homogenization of competition will intensify. However, last year, Baosteel's iron and steel industry continue to maintain the market position of the industry's best. The Baosteel suggested that the Group's business growth in 2012 to achieve a revenue of 310 billion yuan.



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