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Ling Steel Co., Ltd. announced that the company's 2026 semi-annual results presentation revealed that the first half of the year achieved operating revenue of 7.818 billion yuan, a year-on-year increase of 5.98%, and a revenue plan completion rate of 39.69%; the increase was mainly due to increases in billet sales and prices. Billet sales volume was 2.348,200 million tons, up 7.46% year on year, and the average price of billets was 3198.45 yuan/ton, up 3.51% year on year. The production of pig iron, steel and steel in the first half of the year was 2,216,500 tons, 2.394,500 tons, and 2.065,200 tons respectively, with annual planned completion rates of 48.71%, 47.99%, and 44.85%, respectively. Affected by the downturn in the industry, the company lost money in the first half of the year, and operating cash flow changed from positive to negative.

Zhitongcaijing·09/15/2026 09:09:02
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Ling Steel Co., Ltd. announced that the company's 2026 semi-annual results presentation revealed that the first half of the year achieved operating revenue of 7.818 billion yuan, a year-on-year increase of 5.98%, and a revenue plan completion rate of 39.69%; the increase was mainly due to increases in billet sales and prices. Billet sales volume was 2.348,200 million tons, up 7.46% year on year, and the average price of billets was 3198.45 yuan/ton, up 3.51% year on year. The production of pig iron, steel and steel in the first half of the year was 2,216,500 tons, 2.394,500 tons, and 2.065,200 tons respectively, with annual planned completion rates of 48.71%, 47.99%, and 44.85%, respectively. Affected by the downturn in the industry, the company lost money in the first half of the year, and operating cash flow changed from positive to negative.