Liaoning Province-based Ansteel Engineering Technology Co. Ltd, a subsidiary of Chinese steel producer Ansteel, has announced that in the first half of the current year it achieved a net profit of RMB 23.6 million ($3.73 million), exceeding its targeted net profit for the period by RMB 350,000 ($55,300).
In addition, in the given period Ansteel Engineering Technology signed contracts worth a total of RMB 59.25 million ($9.36 million).