In the first seven months of this year, Shuicheng Steel's revenue totaled 7.07 billion yuan and its profit amounted to 85.83 million yuan. However, the mill made a loss of 29.79 million yuan in July following a deficit in June.
In July, the mill produced 267,000 tons of steel products and shipped 264,000 tons, with a production to sales ratio of 99.17 percent.
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