Steel mills’ profits up
Members of China Iron and Steel Association (CISA) have achieved profits of 229.97 billion yuan ($33.1 billion) from January to September this year, a year-on-year increase of 86.01 percent, according to a report CISA released on Wednesday.
CISA has a total of over 100 steel mills members.
The report said that member companies’ profitability have surpassed the average level of the country’s industrial sector.
The results also showed that the industry reversed the long-term losses, the report noted. flight from Shenzhen, in South China’s Guangdong province, to London.
It was the first direct flight between Shenzhen and London. The intercontinental route will be served by Airbus’s 330 wide-body aircraft and operate every Tuesday, Thursday and Sunday.
Wang Jie, vice president of Shenzhen Airlines, said at the ceremony that “the Shenzhen-London route, the first long haul intercontinental route launched by us, is a crucial starting point for Shenzhen Airlines to step out into the world.”
He said the airline would blossom into an international airline based in Shenzhen, with its route network covering Asia and the rest of the world.