According to statistics released by China Iron and Steel Association, in the first 11 months of 2018, CISA member steel enterprises achieved sales revenue of 3.76 trillion yuan, up 14.17% year-on-year and realized profits and taxes of 414.9 billion yuan, up 50.14% on a yearly basis. It is noteworthy that profits of member steel enterprises totaled 280.2 billion yuan, up 63.54% on year.
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