Sichuan Province-based Chinese steelmaker Pangang Group Steel Vanadium & Titanium Co. (Pangang Vanadium & Titanium) has announced that it expects to achieve a net profit of RMB 830-930 million ($128.9-144.4 million) for 2017, compared to a net loss of RMB 598.782 million ($93.0 million) in 2016.