Anyang Steel reports a net loss of 460 million yuan for 2025.

The Chinese steel mill Anyang Iron and Steel Co., Ltd. (Anyang Steel) from Henan province announced that its net loss in 2025 was 460 million yuan (66.2 million US dollars), with the loss significantly reduced compared to the net loss of 3,271 billion yuan recorded in 2024 a year.

Anyang Steel stated that in 2025, against the background of difficult and challenging market conditions, the company actively reduced production, while improving quality, timely adjusted the operation of production lines, prioritized technological innovations and accelerated the transition to the production of special steel, achieving mass production of several types of high-quality products. At the same time, the company has effectively implemented systematic cost-cutting measures, resolutely promoted intelligent transformation and environmentally friendly development, which has led to significant improvements in its performance from year to year.