Henan Province-based Chinese steelmaker Anyang Iron and Steel Co. (Anyang Steel) has announced that it achieved an operating revenue of RMB 27.029 billion ($4.28 billion) in 2017, up 22.61 percent year on year, and a net profit of RMB 1.601 billion ($0.25 billion), compared to the net profit of RMB 123.24 million recorded in 2016.