According to the data compiled by NDRC（National Development and Reform Commission）, in January to April of current year, the profits for the domestic steel industry had amounted to 90.9 billion yuan, surging by 16.8% versus the corresponding period of previous year.
Besides, in January-May of this year, China's overall crude steel output swelled by 8.5% compared to the same period of last year and to 290.35 million t, which had showed an increasing ratio decline of 15.3% year over year. While in May alone China's crude steel rose by 7.8% compared to last year and to 60.25 million t, which had also reflected an increasing ratio drop of 12.9% year on year.