Taigang Stainless Steel’s operating revenue down 24% in Jan-Sept

Shanxi Province-based Chinese stainless producer Taigang Stainless Steel Co. (Taigang Stainless Steel), a listed subsidiary of Taiyuan Iron and Steel (Group) Co. (TISCO), has announced that in the January-September period of the current year it registered an operating revenue of RMB 52 billion ($8.15 billion), down 24.05 percent year on year, with a net loss of RMB 767 million ($120.28 million) compared to the net profit of RMB 552 million recorded in the same period of 2014.