The CISA said 89 large and medium-sized mills made a profit of 1.26 billion yuan in May while 25, or 28.1 percent, made a loss of 1.82 billion, 1.29 billion yuan lower than April. The steel industry remained a deficit at 3.89 billion yuan in the first five months, compared to a profit of 86.51 billion yuan during the same period of last year.