Chinese Steel Companies Face Increasing Losses : News Photo

Chinese Steel Companies Face Increasing Losses

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ChinaFotoPress / Contributor
HUAIBEI, CHINA - SEPTEMBER 05: (CHINA OUT) A worker checks coils of wire rod at a steel-making factory on September 5, 2012 in Huaibei, China. China's top 80 steel companies had a total loss of 1.98 billion yuan (about 312 million USD) in July, and profits for China's steel mills dropped 98.9 percent in the first seven months from a year earlier, according to the China Steel and Iron Association. (Photo by ChinaFotoPress/ChinaFotoPress via Getty Images)
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HUAIBEI, CHINA - SEPTEMBER 05: (CHINA OUT) A worker checks coils of wire rod at a steel-making factory on September 5, 2012 in Huaibei, China. China's top 80 steel companies had a total loss of 1.98 billion yuan (about 312 million USD) in July, and profits for China's steel mills dropped 98.9 percent in the first seven months from a year earlier, according to the China Steel and Iron Association. (Photo by ChinaFotoPress/ChinaFotoPress via Getty Images)
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Date created:
September 05, 2012
Editorial #:
151257045
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ChinaFotoPress
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worker checks coils of wire rod at a steelmaking factory on September... News Photo 151257045Business,Check,China,Coiling,Factory,Finance,Fuel and Power Generation,Horizontal,Occupation,Rod,Steelmaking,WirePhotographer Collection: ChinaFotoPress 2012 ChinaFotoPressHUAIBEI, CHINA - SEPTEMBER 05: (CHINA OUT) A worker checks coils of wire rod at a steel-making factory on September 5, 2012 in Huaibei, China. China's top 80 steel companies had a total loss of 1.98 billion yuan (about 312 million USD) in July, and profits for China's steel mills dropped 98.9 percent in the first seven months from a year earlier, according to the China Steel and Iron Association. (Photo by ChinaFotoPress/ChinaFotoPress via Getty Images)