The year 2012 was called "the year of the end of the steel mills" by the industry ,the enterprises performance of leading state and local large state all plummeted.Yesterday, domestic leading steel mills  baosteel released annual report showed that the company buck earned  net profit10.4 billion last year, increased forty percent year-on-year. However,  if after deducting non-recurring gains and losses, baosteel's actual net incomewas only 4.7 billion last year,  decreased thirty percent year-on-year. Shandong iron which released the annual report on the same day lossed3.8 billion,  and was in the third place after angang and masteel in loss listed steel companies .

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