Fujian Province-based Chinese steelmaker Fujian Sangang Minguang Co., Ltd (Sangang Minguang) has announced that for the first half of the current year it has registered an operating revenue of RMB 17.595 billion ($2.6 billion), up 28.65 percent year on year, and a net profit of RMB 3.233 billion ($0.47 billion), rising by 136.09 percent year on year.