00323 MAANSHAN IRON
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MAANSHAN IRON News
Difficulties in the transformation of the steel industry: is “throttling” and “open source” the new way out?
China's steel industry is undergoing unprecedented market and structural changes. This is different from the bottom of a single industry cycle in the past 30 years. The current downturn in the steel industry has the characteristics of multiple cycle fluctuations and resonates, and the logical basis of the industry has changed greatly.
Ma Steel Co., Ltd. (600808): 1Q performance is in line with expectations, optimistic about 2Q profit recovery
The 1Q24 results are in line with our expectations. The company announced 1Q24 results: operating income of 20.39 billion yuan, -10.3% year over year; net profit to mother - 310 million yuan, +20 billion yuan year on year. The company's 1Q24 performance is in line
Ma Steel Co., Ltd. (600808.SH): Domestic steel demand is expected to decline slightly
Gelonghui, April 30丨Ma Steel Co., Ltd. (600808.SH) said on the investor interactive platform that from a global perspective, steel demand is expected to increase to a certain extent in the future. Demand from emerging market economies such as ASEAN and India may continue to grow, and domestic steel demand is expected to drop slightly. Key factors affecting the development of the industry in the next few years are mainly supply and demand relationships, technological progress, carbon tax policies, etc. Supply-side structural reforms are conducive to improving the relationship between supply and demand in the steel market and promoting the improvement of enterprise quality and efficiency. Environmental protection policies and dual carbon goals are conducive to the green transformation and development of enterprises, and promote the improvement of the green utilization level of the secondary energy industry by enterprises.
China Mining Association: The cumulative production of 336.026 million tons of steel in the first quarter increased 4.4% year-on-year
On April 30, the China Mining Association announced the economic performance of the metallurgical mining industry for March 2024.
Maanshan Iron & Steel Co., Ltd. (00323)'s net loss to mother of 311 million yuan in the first quarter narrowed 38.9% year-on-year
Maanshan Iron & Steel Co., Ltd. (00323) announced results for the first quarter of 2024. The group achieved operating income of 20 during the period...
馬鞍山鋼鐵股份：2024年第一季度報告
Maanshan Iron & Steel Co., Ltd. (00323) produced 2.56 million tons of sheets in the first quarter and sold 2.5 million tons
According to the Zhitong Finance App, Maanshan Iron & Steel Co., Ltd. (00323) released operating data for the first quarter of 2024, with plate production volume 2.56 million tons, sales volume 2.5 million tons, sales price 4,279 (yuan/ton); long timber production volume 1.74 million tons, sales price 3,631 (yuan/ton); axle production volume 80,000 tons, sales price 1,1559 (yuan/ton).
Maanshan Iron & Steel Widens Loss in 2023
Maanshan Iron & Steel Company (HKG:0323, SHE:600808) recorded a rise in attributable loss for the year ended Dec. 31, 2023, to 1.33 billion yuan from 857.6 million yuan during the year-ago period, an
Ma Steel Co., Ltd. (600808.SH) reported first-quarter results with a net loss of 311 million yuan
Ma Steel Co., Ltd. (600808.SH) released its report for the first quarter of 2024, with operating revenue of 20.392 billion yuan...
馬鞍山鋼鐵股份：二零二三年年報告
World Steel Association: In January 2024, global crude steel production was 161.2 million tons, down 4.3% year on year
On April 23, the World Steel Association announced the global crude steel production volume for March 2024.
Ma Steel Co., Ltd. (600808): Continued optimization of the product structure under pressure on short-term performance
Guide to this report: The company's performance in 2023 fell slightly short of expectations. The main reason was that the decline in steel prices was greater than the decline in raw material prices, and the company's performance was under pressure in the short term. We are not pessimistic about the supply and demand pattern of the steel industry in 2024. We expect the industry's profit center to compete
The steel sector fluctuated and strengthened. The Hainan mining industry rose more than 3%, while Valin Steel, Baosteel, Ma Steel, Shagang, and Wangbian Electric followed suit.
The steel sector fluctuated and strengthened. The Hainan mining industry rose more than 3%, while Valin Steel, Baosteel, Ma Steel, Shagang, and Wangbian Electric followed suit.
China Steel Association: In early April, according to key statistics, the daily crude steel production of steel companies declined by 2.11,1800 tons year-on-year
On April 17, according to the China Iron and Steel Association, in early April 2024, key statistics steel companies produced a total of 21.1117,700 tons of crude steel, 19.646 million tons of pig iron, and 197532 million tons of steel.
Maanshan Iron & Steel Co., Ltd. (00323.HK): Jiang Yuxiang nominated as non-independent director candidate
Maanshan Iron & Steel Co., Ltd. (00323.HK) issued an announcement. The company received the resignation of Chairman Ding Yi. Mr. Ding Yi decided to resign as the company's director, chairman, member of the Board Strategy and Sustainable Development Committee, and member of the Board Nomination Committee after electing a new director by the company's shareholders' meeting due to other work arrangements, and confirmed that he had no disagreement with the company's board of directors and the company, and no other matters to be notified to the company's shareholders and creditors.
Express News | Ma Steel Co., Ltd. responded that the chairman was absent from the shareholders' meeting and has left office without announcement
Express News | World Steel Association: Demand (for steel) is expected to rebound 1.7% this year to 17.93 million tons.
China Defies Decarbonization Trend As Coal Imports Climb 16.9% In Q1 2024
Despite global efforts towards decarbonization, coal imports in China are on the rise, signaling persistent demand for the commodity.
Express News | The National Development and Reform Commission, the Ministry of Industry and Information Technology and other departments are conducting research and deployment on the regulation of crude steel production in 2024
Maanshan Iron & Steel Co., Ltd. (00323.HK) plans to hold a board meeting on April 29 to approve the first quarter results
Gelonghui, April 2, 丨 Maanshan Iron & Steel Co., Ltd. (00323.HK) issued an announcement. The company will hold a board meeting on April 29, 2024 to review and approve matters such as the preparation of unaudited first-quarter results in accordance with China's accounting standards from January 1, 2024 to March 31, 2024.
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