Hubei Province-based Chinese steelmaker Daye Special Steel Co. (Daye Special Steel) has announced in its annual report that in 2015 it registered an operating revenue of RMB 6.197 billion ($0.96 billion), down 15.71 percent year on year, with a net profit of RMB 270.39 million ($41.73 million), increasing by 0.87 percent year on year.
In 2015, the company produced 1.0441 million mt of crude steel and 1.3702 million mt of finished steel, down 6.18 percent and declining by 1.12 percent year on year, respectively. Meanwhile, in the given year, the company sold 1.3554 million mt of finished steel, down 2.93 percent year on year, while it exported 370,300 mt of finished steel.