Maanshan Steel net profit in China 2015-2020

Published by
Lai Lin Thomala,
Jan 3, 2024
As of August 2020, the net profit of Maanshan Iron and Steel Co., Ltd., also referred to as Masteel or Magang, amounted to around 997 million yuan. Maanshan Steel is one of the biggest steelmakers in the world. It is controlled by the Chinese state-owned Magang (Group) Holding Co., Ltd. (Masteel Group).

Net profit of Maanshan Iron and Steel Co., Ltd. in China from 2015 to 2020 (in billion yuan)

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Release date

August 2020

Region

China

Survey time period

2015 to 2020

Supplementary notes

*As of August 2020.

Note: 1 yuan equals approximately 0.15 U.S. dollars and 0.13 euros (as of September 2020)
Figures for earlier years have been taken from previous publications.
Values have been rounded.

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