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Iron ore giant "meat" iron and steel enterprises lack the right to speak

    Steel prices last year by the sum of the profits earned, but not BHP Billiton more than a profit. Mining giants are already completely out of the shadow of the financial crisis, and record earnings harvested. Behind this performance is one of many Chinese steel companies struggled in the loss of the edge.

    In the past the year 2010, China's steel companies combined profits earned, but not BHP Billiton more than a profit.

    "God" anti-suffering.

   swing chain Australian mining giant BHP Billiton announced yesterday the second half of 2010 financial report shows that the global economic recovery and boost industrial demand for raw materials soaring, the company's net profit reached 10.524 billion U.S. dollars, up 6.14 billion U.S. dollars a year earlier increase of 71.5%.

    First half of 2010, BHP Billiton's net profit of 65.6 billion U.S. dollars, this also means that the whole of 2010,iron chain BHP Billiton's net profit up to 170 billion U.S. dollars.

    It is noteworthy that, despite its own copper, nickel, enamel, oil and other resource products, but in the second half of BHP Billiton's earnings, the iron ore business, EBIT reached 5.8 billion U.S. dollars, accounting for a total amount of their earnings half of the country.
    Bearing to the next sales target for 2011 earnings to determine Yupo 100,000,000
   Shanghai Bearing Corporation to clear before the economic work conference held in 2011, the General Manager Xiao Qu help the development of enterprises in the summary of results at the same time last year, focused this year's tasks and goals. In 2010, a record company to the next bearing plant has the best record, the annual sales income of 88.2 million yuan, profit of 15.6 million yuan, more than 20% increases in wages. This year the company will ensure that the bearings sold more than 6 million units, sales exceeded 1 million.

    Qu Xiao General Manager to help four safeguard measures. One of the measures: the development of transformation, expansion of ideas. Further innovation-driven, transformation in development and extension of good products, automobile water pump bearings preliminary work, to raise the comprehensive production capacity in future. Measures of the two: to build brand and market development. Focus on the influence of using the brand to control and dominate the market, brand building this year and strive for new breakthroughs. Measures three: fine management, results-oriented. Fine traditional management, scientific, and focus on the "executive" and "fulfillment" efforts. Four measures: the public pool power amplification. Must continue to unite the party and government work group, co-ordination, not only thinking of all cadres and workers to promote the development of the common objectives and tasks, the more care should be concerned about good business every employee, so as to more fully mobilize the enthusiasm and initiative, enterprise efficiency, and increased profits for workers, enterprises and employees of the "win-win."

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