Chinese Anyang Steel posts net loss for H1

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Publish time: 22nd August, 2013      Source: ChinaCCM
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The Chinese steelmaker Anyang Steel released its financial result for the first half of this year.

In the first half of this year, Anyang Steel realized sales revenues of RMB12.121 billion, rising by 8.02% year on year. Besides, the company posted a net loss of RMB599 million for the given period of time, slumping by 58.7% year on year.

In the given period of time, Anyang Steel's production of pig iron totaled 3.5187 million tons; that of crude steel was at 3.7114 million tons and that of finished steel was at 3.5434 million tons.