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/ Epaper/ BusinessSteel industry sees a brighter third quarterUpdated:2013-11-01 07:38ByWang Ying in Shanghai ( China Daily)Comments Print Mail Large Medium  Small分享按钮0Most domestic steelmakers are seeing an improvement in their third-quarter performance.Fifteen of the 20 listed steel companies that issued third quarter reports made profits, as opposed to last year, when up to 90 percent of the steel mills posted a loss.Baoshan Iron and Steel Co Ltd, or Baosteel, the nations largest listed steelmaker, said its net profit for the first three quarters tumbled by 56.99 percent year-on-year to 4.64 billion yuan ($761.6 million), but excluding the proceeds from selling stainless steel and special steel assets during the same period last year, the Shanghai-listed steelmaker said its profit was actually 2.28 billion yuan more than a year earlier.Most ViewedTodays Top NewsExtradition deal with US key to nabbing fugitivesLi urges greater effort on reformsChina, Japan need constructive ideasGovt requested to plant GM cropsSession to discuss economic issuesBan on Chinese researchers clarifiedChina may expand property tax trials…Hot Topicsmoon rover  air defense identification zone  CPC and reform  China and Japan  air pollution  Cameron in ChinaEditors PicksChinese marines train in deep freezeHow to become a high-speed rail steward New Ukraine ministers proposed, Russian troops on alertJungle gym cube helps men climb and explore Perrin to head Chinas soccer teamWelcome home, champions!SpecialChinas giant pandasChina cracks down on graftVideoSlidePodcastPicturesPresident Xi visits Beijings hutongPandas arrive in BrusselsWhale of a selfieJungle gym cube helps men climb and explore
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