Meanwhile the price of the iron ore the steelmakers import as their core ingredient rose by nearly 50% in the first half of the year, squeezing margins.
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Competition from overseas automakers, including Volkswagen ag and General Motors Corp., is also squeezing margins.
来自大众、通用等国外生产商的竞争也在挤压着利润空间。
Chinese manufacturers say higher production costs, tighter credit and a strengthening yuan are squeezing margins.
中国制造商说,制造成本的增加、信贷紧缩以及人民币升值都减少了企业的利润。
Meanwhile the price of the iron ore the steelmakers import as their core ingredient rose by nearly 50% in the first half of the year, squeezing margins.
同时钢厂进口的铁矿石原材料的价格在上半年上涨了将近50%,进一步挤压利润空间。
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