Three iron and steel companies such as Anyang Iron & Steel suffered a net loss in the first half of the year

On the evening of August 30th, Anyang Iron and Steel and Valin Steel’s Shougang Co., Ltd. released the first half of the 2012 results report. The three steel companies suffered a net loss in the first half of the year, totaling a loss of 3.103 billion yuan. Among them, the net profit attributable to the shareholders of the listed company of Anyang Iron & Steel was -1.449 billion yuan, a year-on-year decrease of 2126.30%; the net profit of Hualing Iron & Steel was -1.35 billion yuan, a year-on-year decrease of 497.28%; the net profit of Shougang Iron and Steel was -340 million yuan, year-on-year Declined by 214.28%.