Ansteel sees 9.71 percent rise in operating revenue in 2016

Liaoning Province-based Chinese steelmaker Angang Steel Co. (Ansteel) has announced in its annual report that in 2016 it registered an operating revenue of RMB 57.882 billion ($8.4 billion), up 9.71 percent year on year, with a net profit of RMB 1.6 billion ($232.22 million), compared to the net loss of RMB 4.593 billion it recorded in 2015.