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BRIEF-Angang Steel Expects H1 Net Profit To Rise To 3.49 Bln Yuan From 1.8 Bln Yuan Year Ago

July 12 (Reuters) - Angang Steel Co Ltd :

* SAYS IT EXPECTS 6-MONTH NET PROFIT TO RISE TO 3.49 BILLION YUAN ($523.43 million) VERSUS 1.8 BILLION YUAN YEAR AGO Source text in Chinese: Further company coverage: ($1 = 6.6676 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)