00347 ANGANG STEEL
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ANGANG STEEL 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.
Angang Steel's Q1 Loss Widens
Angang Steel (SHE:000898, HKG:0347) reported a net loss attributable to shareholders of 1.66 billion yuan for the quarter ended March 31, compared with 49 million yuan in the prior year, according to
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.
Changes in Hong Kong stocks | Angang Steel Co., Ltd. (00347) fell more than 6% at the end of the session. Net loss for the first quarter was about 1,657 billion yuan, an increase of 10.12 times year-on-year
The Zhitong Finance App learned that Angang Steel Co., Ltd. (00347) fell more than 6% at the end of the session. As of press release, it was down 6.52% to HK$1.29, with a turnover of HK$10.737 million. According to the news, Angang Steel Co., Ltd. announced results for the first quarter of 2024. Operating revenue was 27.343 billion yuan, a year-on-year decrease of 11.35%; net loss attributable to shareholders of listed companies was about 1,657 billion yuan, an increase of 10.12 times over the previous year. According to the announcement, the main reason for the increase in losses was the year-on-year decline in steel sales prices due to the downward trend in the steel market. Also, on April 26, the China Iron and Steel Association held a meeting in Beijing
Angang Steel Co., Ltd.: Mr. Wang Jun is the chairman of the 9th board of directors
Angang Steel Co., Ltd. announced that on September 22, 2023, Mr. Wang Yidong resigned as the chairman and executive director of the company due to job changes. On September 22, 2023, the 2nd Extraordinary General Meeting of Shareholders of the Company in 2023 elected Mr. Wang Jun as the company's executive director. On September 22, 2023, the 20th board of directors of the 9th session of the company elected Mr. Wang Jun as the chairman of the 9th board of directors.
Angang Steel Co., Ltd. (00347): Deng Qiang was appointed as Deputy General Manager
Angang Steel Co., Ltd. (00347) announced that Deng Qiang has been appointed as the company's deputy general manager since April 29, 2024...
Express News | Angang Steel Co., Ltd.: Revenue for the first quarter was 27.34 billion yuan, down 11% year on year.
Angang Steel Co., Ltd. (00347) announced first-quarter results, net loss of about 1,657 billion yuan, an increase of 10.12 times year-on-year
Angang Steel Co., Ltd. (00347) announced results for the first quarter of 2024, with revenue of 27.343 billion yuan, year-on-year...
鞍鋼股份：2024年第一季度報告
鞍鋼股份：2023年度報告
Angang Steel Co., Ltd. (00347.HK): Tian Yong resigns as executive director
Gelonghui, April 26, 丨 Angang Steel Co., Ltd. (00347.HK) issued an announcement. On April 26, 2024, Mr. Tian Yong requested the board of directors to resign as executive director, deputy general manager, and board nomination committee member due to job changes. Mr. Tian's resignation took effect on April 26, 2024.
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.
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.
Angang Steel Co., Ltd. (00347.HK): 1.642,000 restricted shares whose sales restrictions have been lifted will be listed and circulated on April 18
Angang Steel Co., Ltd. (00347.HK) announced that the company's 2020 Restricted Stock Incentive Plan (hereinafter referred to as the Incentive Plan) has already achieved the conditions for lifting the sales restrictions for the first time. A total of 36 incentive recipients have met the conditions for lifting the sales restrictions. The number of restricted shares that can be lifted is 1,6420.3 million shares, accounting for 0.02% of the company's current total share capital.
Angang Steel Co., Ltd. (00347.HK) plans to hold a board meeting on April 29 to approve the first quarter results
Gelonghui, April 12, 丨 Angang Steel Co., Ltd. (00347.HK) announced that the board of directors meeting will be held on April 29, 2024 (Monday) to consider and approve, as appropriate, the results of the company and its subsidiaries for the three months ended March 31, 2024.
ANGANG STEEL: NOTICE OF BOARD MEETING
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.
Changes in Hong Kong stocks | Angang Steel Co., Ltd. (00347.HK) rose more than 6%, steel prices rebounded slightly, institutions are optimistic about the company's profit recovery this year
Angang Steel Co., Ltd. (00347.HK) rose more than 6%. As of press release, it rose 6.06% to HK$1.4, with a turnover of HK$8.298,700.
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
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