Jiangsu Province-based major Chinese steelmaker CITIC Pacific Special Steel has announced that it has registered an operating revenue of RMB 107.373 billion ($15.6 billion) in 2025, down 1.68 percent year on year, while posting a net profit of RMB 5.929 billion ($0.86 billion) for the year, up 15.67 percent year on year.
During the year, CITIC Pacific Special Steel continued to optimize its high-end product mix, achieving industrialization breakthroughs in critical sectors such as aviation, deep-sea exploration and high-end equipment manufacturing.
In 2025, the decline in raw material prices was faster than the drop in steel prices, serving as the core driver for the recovery of profit margins.
$1 = RMB 6.8909
