China fuels world steel output to climb 1.7%
--FILE--A roll of coiled steel plates is lifted over rows of others at a steel plant of Hebei Iron and Steel Group (HBIS) in Handan city, north Chinas Hebei province, 13 August 2014. Global steel production rose 1.7 percent in July over 12 months, driven mainly by growth in Chinese output, the World Steel Association said. The latest data showed that steel output reached 136.8 million tons in July. Production rose by 1.5 percent in China which accounts for half of all steel made worldwide.Hao qunying—Imaginechina/AP
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Company Information

CEOYu Yong
HQ LocationShijiazhuang, China
Years on Global 500 List9

Key Financials (Last Fiscal Year)

Revenues ($M)$43,769
Profits ($M)$-146.8
Assets ($M)$51,858
Total Stockholder Equity ($M)$7,693

Profit Ratios

Profit as % of Revenues-0.3%
Profits as % of Assets-0.3%
Profits as % of Stockholder Equity-1.9%