Benxi Steel Group Corp's sales revenue exceeded 100 billion yuan ($16 billion) in 2012, up 10 percent year-on-year, the company said.
Unlike its battered rivals at home and abroad, the company was supported by exports.
In 2012, its exports contract volume reached 4 million metric tons, up 48 percent year-on-year, which contributed $2.3 billion.
The company, located in Benxi, Liaoning province, is one of the main iron and steel producers in China with an annual output of 20 million metric tons of high-quality steel products.
Contact the writers at liuce@chinadaily.com.cn.
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