What's the difference between Shougang and Masteel?

The profit level of Masteel is not backward. Shougang has been losing money.

Shougang's main technical and economic indicators have always maintained the domestic leading level. It is an international advanced high-quality plate production base and independent innovation demonstration factory, and also a landmark factory for energy conservation and emission reduction and the development of circular economy. In-depth research on technological innovation has been carried out and a series of fruitful results have been achieved.

Maanshan Iron and Steel Co., Ltd. closely combines intellectual property rights with enterprise industrial structure adjustment, technology development and marketing, and actively creates a number of patent pools for rail transit, high-performance building steel, automobile panels, electrical steel and environmentally-friendly coke oven technology to protect product technology and market.