More than half of steelmakers releasing their half-year results suffered a loss with Ansteel, Laiwu Steel, Valin Steel, Liuzhou Steel and Tisco, to name a few, seen in the list. Ansteel lost 1.56 billion yuan, the worst among its peers, in the first half. Baosteel and Wisco reported a net profit of 669 million yuan and 505 million yuan respectively, down about 90 percent year-on-year. On the other hand, the steel sector in Hebei Province dominated by smaller mills with capacity below three million tons each enjoyed a nearly 9 percent growth in profitability in the first five months of this year, according the CISA