Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co., Ltd (Shandong Steel) has announced an operating revenue of RMB 43.908 billion ($6.62 billion) for the first nine months of the current year, up 21.44 percent year on year, and a net profit of RMB 1.073 billion ($0.16 billion) for the given period, compared to a net profit of RMB 25.963 million ($3.92 million) in the corresponding period last year.