Jiangxi Province-based Chinese steelmaker Fangda Special Steel Technology Co., Ltd (Fangda Special Steel) has announced in its annual report that in 2015 it registered an operating revenue of RMB 8.148 billion ($1.26 billion), down 29.52 percent year on year, with a net profit of RMB 105.9 million ($16.39 million), decreasing by 81.28 percent year on year.
In 2015, Fangda Special Steel produced 3.1302 million mt of pig iron, 3.5426 million mt of crude steel and 3.5523 million mt of finished steel, indicating respective increases of 2.47 percent, 0.45 percent and 0.73 percent year on year.