National Bureau Of Statistics: From January To November, The Profit Of The Steel Industry Increased By 2.76 Times Year-on-year

Yu Weining, statistician of the industrial Department of the National Bureau of Statistics, interprets the profit data of industrial enterprises. From January to November, the year-on-year decline in profits of the raw material manufacturing industry narrowed by 8.5 percentage points compared with January to October, driving the decline in industrial profits on the regulation narrowed by 1.8 percentage points, which is the largest contribution to the industry sector. From January to November, the steel industry was affected by the combination of downstream demand recovery and low base factors, and profits increased by 2.76 times year-on-year; The profits of the non-ferrous industries increased by 21.8%, with profits turning from a decline to an increase. The profit decline of the chemical industry narrowed by 4.3 percentage points from January to October, with profit growth of 26.7% in November.