BRIEF-Gansu Jiu Steel to return to profit in Q1

April 10 (Reuters) - Gansu Jiu Steel Group Hongxing Iron &

Steel Co Ltd

* Says it expects to return to net profit of about 224.0

million yuan ($32.45 million) in Q1 versus net loss of 266.4

million yuan year ago

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($1 = 6.9030 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)