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Baotou Steel Union posts net profit of RMB 233 milion for Jan-Sept, shifting fromloss to p-金屬展-冶金展-2026廣州
巨浪國際金屬暨冶金工業(yè)展覽會-巨浪展覽-2026 China (Guangzhou) International Metal & Metallurgy Industry Exhibition
10/30/2025 金屬展-冶金展-鋼鐵展-steel expo-metal & metallurgy expo |
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Inner Mongolia-based Chinese steelmaker Baotou Steel Union Co., Ltd. (Baotou Steel Union) has announcedthat it registered an operating revenue of RiMB 48.08 bilion ($6.8 bilion) in the January-September period thisyear, down 3.58 percent year on year, while it posted a net profit of RMB 233 milion ($32.8 milion) for the givenperiod, shifting from net loss to profit compared to the net loss of RMB 516 milion recorded in the same periodof last year.
In the July to September period of the current year, Baotou Steel Union registered an operating revenue of RMB16.751 bilion ($2.4 bilion), up 14.29 percent year on year, while posted a net profit of RMB 81.2445 milion($11.4 milion), compared to a net loss of RMB 625 million recorded in the same period of last year.
In the first nine months of the current year, the company deepened the strategic adjustment of product structure.and continuously enhanced market competitiveness, for instance, its production outputs of medium-carbonstructural steels and alloy structural steels with a carbon content of 0.30 to 0.60% amounted to 7.1114 milionmt, up 18.1 percent year on year, while the production of rare earth steel new materials, another flagshipproduct of the company, rose by 8.28 percent, creating the new high in the same period in history.
Meanwhile, the company focused on cost reduction across the entire value chain and implemented ful-processcontrols, the company achieved simultaneous improvements in both operational quality and efficiency. in thefirst nine months, the manufacturing cost per one metric ton of steel has been reduced by a further 2.45 percenton top of the 2.8 percent reduction achieved in the same period of the previous year.
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