Shanxi Province-based Chinese steelmaker Taigang Stainless Steel Co., Ltd (Taigang Stainless Steel) has announced that it registered an operating revenue of RMB 90.375 billion ($12.2 billion) in the given year, down 9.97 percent year on year, while it recorded a net profit of RMB 52 million ($7.6 million), up 105.25 percent year on year.
In 2025, Taigang Stainless Steel produced 13.4929 million mt of finished steel, down 3.45 percent year on year, including 5.6081 million mt of stainless steel, down 9.54 percent year on year.
As for 2026, Taigang Stainless Steel plans to produce 13.5 million mt of finished steel, including 5.65 million mt of stainless steel.
In addition, in the January-March period this year, Taigang Stainless Steel registered an operating revenue of RMB 22.213 billion ($3.2 billion), down 4.71 percent year on year, while posting a net profit of RMB 20 million ($2.9 million), down 89.26 percent year on year.
