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Bengang Steel Plates posts RMB 3.351 billion loss for January–September

Bengang Steel Plates posts RMB 3.351 billion loss for January–September

Chinese steelmaker Bengang Steel Plates reported revenue of RMB 34.14 billion (about $5.1 billion) for January–September 2026, down 3.01% year on year. Its net loss widened from RMB 2.216 billion to RMB 3.351 billion (about $500 million), according to the company’s financial report.

The report also put revenue for July–September at RMB 11.804 billion, up 12.39% year on year, and the net loss at RMB 1.443 billion, compared with RMB 817 million a year earlier. However, the report attributes these quarterly figures to Nanjing Steel, not Bengang Steel Plates.

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