Jiangxi Province-based Chinese steelmaker Fangda Special Steel Technology Co., Ltd. (Fangda Special Steel) has issued its financial report for 2024, stating that its operating revenue amounted to RMB 21.56 billion ($3.0 billion) in the given period, down 18.67 percent year on year, while its net profit totaled RMB 248 million ($34.6 million), down 64.02 percent year on year.
In 2024, Fangda Special Steel’s finished steel output amounted to 4.2324 million mt.