Qinghai Province-based Chinese steelmaker Xining Special Steel Co. (Xining Special Steel) has stated that in 2018 it registered an operating revenue of RMB 6.787 billion ($1.01 billion), down 8.71 percent year on year, while recording a net loss of RMB 2.046 billion ($0.31 billion), shifting from a net profit of RMB 59.8114 million in 2017.