Angang Steel Company Limited reported a 2.86% year-on-year growth in operating income during the third quarter of 2025, reaching RMB24,493 million. From January to September, operating income came in at RMB73,092 million, a 7.78% decrease compared with the same period of last year. Net profit for the third quarter stood at RMB-896 million, narrowing losses by 62.59% year-on-year, while net profit from January through September recorded RMB-2,040 million, showing a 59.87% improvement over the prior-year period.

Management highlighted market expansion efforts, with premium products surpassing targets and consolidating positions in high-end segments such as high-strength container steel, new energy vehicle silicon steel, and hot-rolled battery shell steel. The company also successfully exported 60-meter-long rails and achieved higher customer satisfaction via an upgraded service system.

Systematic cost-reduction initiatives delivered a per-tonne steel cost saving of RMB90 compared to the previous year. Lower ironmaking costs through improved coal and ore blending, broader procurements, and logistical efficiencies all contributed to easing cost pressures and strengthening cash flow stability. Research breakthroughs were underscored by multiple awards and new product releases, including innovative steels designed for high-cold regions and electromagnetic applications.

During the period, Angang Steel completed a board re-election, with new appointments to executive and managerial roles. Management emphasized ongoing risk control measures and adherence to budget constraints, resulting in positive net cash flow from operating activities for the first three quarters of 2025.