OREANDA-NEWS. November 05, 2013. The third quarter operation analysis meeting was held by SINOSTEEL Iron&SteelCo.,Ltd at its headquarters. After an analysis on the first three quarter conditions in operation and financing, the management team arranged the operation plan for the fourth quarter.

In the first three quarters, the subordinate units of SINOSTEELworks hard to tackle the market challenge and promoted major measures to improve the profitability of the group, and we realized a better-than-expectedbusiness performance.

General manager Xu Siwei praised the achievement of the staff and pointed out the issues that need to be tackled. He urged the staff of the group to go all out to achieve the operation target for 2013. Firstly, generalize the measures that improve profitability of the group; Secondly, the subsidiary companies must work hard together to realize a better achievement; Thirdly, we should have an eye on the work arrangement for 2014 and work out the budget for next year.

President Jia Baojun underlined four key point in the meeting, Firstly, people in the group should fully aware the importance of the last quarter work to the yearly target of 2013; Secondly, we should be confident to realize profit this year; Thirdly, we should be more pragmatic in doing all the work with strict implementment; Fourthly, we should plan for the operation target of 2014 in advance. 

It is emphasized that all the staff of the group should work hard as a unit to achieve profit target of the year with determination.