Beijing-based Chinese steelmaker Shougang Iron and Steel Co. (Shougang) has stated that it registered an operating revenue of RMB 31.54 billion ($4.6 billion) in the first half of the year, up 11.61 percent year on year, while posted a net profit of RMB 1.42 billion (210 million) for the first half of the current year, up 50.12 percent year on year.