Fushun Special Steel Co LtdCompany forecasts net loss due to intensified competition and weak demand in special steel market.

Fushun Special Steel issued a performance forecast, expecting a net loss attributable to shareholders of the listed company of 230 million to 270 million yuan for the first half of 2026. The company said the change in performance was mainly due to intensified competition in the special steel market, weak demand in traditional sectors, and the fact that production capacity in emerging industries has not yet been fully released. Based on this calculation, the company's net loss in the second quarter is expected to be 84 million to 124 million yuan, while the net loss in the first quarter was 146 million yuan, and the loss in the second quarter may continue to widen on a quarter-on-quarter basis.
Fushun Special Steel Co LtdCompany forecasts net loss due to intensified competition and weak demand in special steel market.