Lingyuan Steel has reversed several months of losses since earlier this year by profiting over100 million yuan in July. With the help of a cost saving campaign launched in April, the mill has reduced the production costs per ton of steel by nearly 240 yuan. Additional 30 million yuan has been created through properly establishing marketing tactics and dealing with inventories. It had attained a comparative benefit of nearly 64 million yuan as of the end of July through offering more than 400,000 tons of steel to several national key projects such as the Beijing-Shanghai High-speed railway, Jilin Oil Field and Jilin High-speed Highways.