Jiangsu Province-based Chinese steel producer Nanjing Iron and Steel Co. Ltd (Nanjing Steel) has announced in its annual report that in 2015 it registered an operating revenue of RMB 22.252 billion ($3.44 billion), down 20.20 percent year on year, with a net loss of RMB 2.432 billion ($0.38 billion) compared to the net profit of RMB 292 million in 2014.
In the given period, Nanjing Steel produced 8.4294 million mt of pig iron, 8.5904 million mt of crude steel and 7.9206 million mt of finished steel, indicating respective increases of 3.12 percent, 6.83 percent and 8.09 percent year on year.