ANGANG STEEL Aktie

 

ANGANG STEEL (00347.HK) predicted a net loss of around RMB4.077 billion for the year ending December 31, 2025, a decrease of 42.75% from the loss of RMB7.122 billion reported in 2024.If excluding non-recurring gains and losses, ANGANG STEEL estimated a loss of about RMB4.23 billion, a drop of 41.29% from the loss of around RMB7.......

Steelmakers Push Domestic Mining to Secure Supply The China Iron and Steel Association convened a meeting with major domestic miners and regulators on Friday to discuss a plan to boost the country's iron ore output. Attendees included officials from the NDRC and the Ministry of Industry and Information Technology, along with more than 20 major enterprises such as China Mineral Resources Group, Baowu Resources Co. Ltd. and Ansteel Group Corp. Ltd. Participants discussed issues such as land approval, mining rights renewal and ecological compliance costs. China Opens REITs Market to Commercial Offices and Urban Renewal China has expanded the asset scope of its infrastructure real estate investment trust (REIT) program to include Grade-A office buildings and urban renewal projects. The National Development and Reform Commission (NDRC) released the 2025 eligibility list Monday, adding two new categories and lifting the total number of qualified sectors to 15. The expansion supports Beijing's efforts to br...

JP Morgan released a report on China's raw materials industry, stating that the MSCI China Materials Index has outperformed the MSCI China Index by 19% since early July. This was attributed to the solid performance of related companies in 1H25, rising expectations of interest rate cuts, and the theme of "anti-involution......

China Mobile and Ansteel Group entered into a memorandum of understanding (MOU) on AI foundation model yesterday (9th), at which the two parties will deepen cooperation in the AI field, promote the development of AI technology applications in the steel industry, in order to advance industrial integration and innovation, with a f......

Regarding the hearsay of "Tangshan Sintering Machines Axing Production by 30%", about half of the steel mills in China said they received related notifications, and many of them confirmed the matter, Chinese news broke. SHOUGANG (000959.SZ) and LIU STEEL (601003.SH) both hit the daily limit at close today (2nd). H-shar......

Angang Steel Co Ltd., the listed arm of China's second-biggest steelmaker, racked up a loss of nearly $1 billion last year, underscoring torrid conditions in the industry as demand shrinks and prices plunge....

Shares | Ratings | Target prices (HK$)ANGANG STEEL(00347.HK) | Neutral -> Sell | 1.1MAANSHAN IRON(00323.HK) | Sell | 0.6 -> 1.1CHINA SHENHUA(01088.HK) | Neutral | 28 -> 30CHINA COAL(01898.HK) | Neutral -> Sell | 8.6 -> 7.5YANKUANG ENERGY(01171.HK) | Sell -> Neutral | 8 -> 7.8CONCH CEMENT(00914.HK) | Neutral ......