China Gerui Advanced Materials Group Ltd. announced preliminary unaudited earnings guidance for the fourth quarter and full year ended December 31, 2013. For the quarter, profitability was lower than anticipated, as it was largely impacted by delays in pick-up from customers and the inability to mitigate deflating average selling prices.

Based on the company's current expectations for the full year 2013, revenue is anticipated to be $165.8 million. The company also announced that preliminary full year 2013 revenues are in-line with the company's previously announced guidance range despite a challenging year for China's steel sector.