Beijing-based steelmaker Shougang Group has announced a net profit of RMB 657 million in the first half of 2025, a 66.5% increase year on year. The company credited its growth to strict cost control, process optimization, and stable demand in certain domestic sectors, despite overall market pressures.
China’s steel industry has faced challenges from slowing construction activity and volatile raw material costs. However, Shougang’s performance indicates that major mills can still adapt to tighter margins. Analysts believe the group will continue focusing on efficiency, high-value products, and environmental compliance in the coming months, as the industry navigates uncertain demand outlooks.
VietnamSteel by Hoa Sen Group
