On the night of March 28, Angang Steel Co., Ltd. issued its annual report 2016. In 2016, Angang Steel Co., Ltd. seized the favorable opportunity of steel product market warming and made the profit rise substantially by optimizing production management and control, deeply promoting the system for reducing cost, adjusting variety structure, strengthening marketing service and taking other measures. The net profit attributable to the shareholders of the listed company was 1.616 billion yuan, turning loss to profit year on year.
