BRIEF-Angang Steel returns to profitability in 2016 with net profit of 1.6 bln yuan

March 28 (Reuters) - Angang Steel Co Ltd

* Says it returns to net profit of 1.6 billion yuan

($232.55 million)

Source text in Chinese: http://bit.ly/2ncY3jh

Further company coverage:

($1 = 6.8803 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)