The China Iron and Steel Association posts that 86 key steelmakers profited CNY 1.72 billion in October, down 47.46% from September. Large and medium steelmakers made CNY 309.1 billion sales incomes in October, up 0.96% from September. Up to 18 or 20.93% of the 86 companies incurred losses, four companies more than September; the losses they incurred were CNY 1.123 billion , 19.60% more than September.