subject: Attention; Xinjiang Bayi Iron & Steel Plans 2 Trillion Investment Benefit [print this page] : The view from the first quarter, Bayi Iron & Steel profit in line with expectations, mainly due to increase in sales, first quarter sales of 1.5 million tons, only sold 660,000 tons in March, while in April, after rising steel prices , sales dropped to 50 million tons, steel prices have now declined, while sales also declined, we believe that corporate profits are still protected by the first half, but the second half of the increase in earnings uncertainty.
