Liaoning Province-based Chinese steelmaker Angang Steel Co. (Ansteel) has announced in its annual report that in 2015 it registered an operating revenue of RMB 52.759 billion ($8.17 billion), down 28.75 percent year on year, with a net loss of RMB 4.593 billion ($0.71 billion) compared to the net profit of RMB 928 million recorded in 2014.
In 2015, Ansteel produced 20.79 million mt of pig iron, 20.51 million mt of crude steel and 18.93 million mt of finished steel, down 4.56 percent, 4.41 percent and 5.59 percent year on year, respectively.