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Taigang Stainless Steel's net profit up 182.74 percent in H1 2025-不銹鋼展-Stainless Steel Exhibition -The 26th China(Guangzhou)Int'l Stainless Steel Industry Exhibition
9/22/2025 不銹鋼展-Stainless Steel exhibition |
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Shanxi Province-based Chinese steelmaker Taigang Stainless Steel Co., Ltd (Taigang Stainless Steel) hasissued its financial report for the january-June period this year, stating that its operating revenue amounted toRMB 45.967 bilion ($6.5 bilion) in the given period, down 7.54 percent year on year, while it recorded a netprofit of RMB 393 million ($55.4 million), up 182.74 percent year on year.As for the 1 5th Five-Year Plan period (2026-30), at its investors meeting the company stated that it wi not makelarge-scale investments and target only high-end demand against a backdrop of national stainless steelcapacity exceeding 50 milion mt and the utilization rate only at around 70 percent, reflecting the overcapacity inthe industry.
不銹鋼展-2026第二十六屆廣州國際不銹鋼工業展-Stainless Steel Exhibition -The 26th China(Guangzhou)Int''l Stainless Steel Industry Exhibition
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