China’s Shanxi Taigang Stainless Steel Co., Ltd. (STSS) reported its revenue of CNY 100.38 billion in 2024, decreasing by 5% compared to the previous year. The company recorded a net loss of CNY 981 million, compared to a net loss of CNY 1.08 billion in 2023.

In 2024, STSS's steel production reached around 13.98 million tons, including 6.2 million tons of stainless steel. The company sold about 13.18 million tons of steel products, of which stainless steel accounted for 5.82 million tons. Exports totaled around 970,000 tons, including 348,000 tons of stainless steel.

In 2025, the company plans to produce 14.2 million tons of steel, including 6.15 million tons of stainless steel.