China's Xinjiang Bayi Iron and Steel Co. (600581.SH) said on Friday that it will likely incur a net loss of 2.5 billon yuan in 2015 due to a drop in sales volume and price of its steel products.
In 2014, the steelmaker suffered a net loss of 2.035 billion yuan. After two consecutive years of net losses, the company faces the risk of getting de-listed, according to the Shanghai Stock Exchange rules.
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