Jiangxi Province-based Chinese steelmaker Fangda Special Steel Technology Co., Ltd (Fangda Special Steel) has announced that it has registered an operating revenue of RMB 3.793 billion ($0.57 billion) for the first half of the current year, down 11.4 percent year on year, with a net profit of RMB 259 million ($39.06 million), rising by 77.95 percent year on year.
In the given period, Fangda Special Steel produced 1.4753 million mt of pig iron, 1.6751 million mt of crude steel and 1.6907 million mt of finished steel.