Henan Province-based Chinese steelmaker Anyang Iron and Steel Co. (Anyang Steel) has announced that in the first half of the current year it recorded an operating revenue of RMB 11.17 billion ($1.75 billion), down 18.79 percent year on year, with a net loss of RMB 393 million ($61.41 million) compared to a net loss of RMB 47 million in the same period of 2014.
In the first half this year, Anyang Steel produced 4.24 million mt of pig iron, 4.14million mt of crude steel and 4.31 million mt of finished steel, down 3.04 percent, decreasing by 1.87 percent and up 4.62 percent year on year, respectively.