01104 APAC RESOURCES
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APAC RESOURCES 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.
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.
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.
Express News | World Steel Association: Demand (for steel) is expected to rebound 1.7% this year to 17.93 million tons.
Asia Pacific Resources (01104.HK) subsidiary acquires 150,000 Newmont shares
Glonghui, April 8, 丨 Asia Pacific Resources (01104.HK) announced that on April 4, 2024 (New York time zone), the subsidiary acquired a total of 150,000 Newmont shares through an on-market transaction on the New York Stock Exchange (equivalent to approximately 0.013% of Newmont's total issued share capital at the date of this announcement). The total cost was approximately US$5.65 million (excluding transaction costs), or approximately HK$29.67 (equivalent to approximately HK$294.90) per share. The acquisition was completed on April 8, 2024. NEWMONT is an American gold mining company with shares in
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
“I can't put down the storeroom”! Demand recovery weakens year-on-year, steel people are anxious “not busy every day” and look forward to supply-side reforms
Financial Services Association, March 16 (Reporter Zhang Liangde) The 2024 crisis has passed, but demand in the steel market has yet to recover.
Express News | China Steel Association held a launch meeting to evaluate new steel production capacity management mechanisms and steel production capacity replacement policies
APAC Resources Swings to Profit in 2023 as Revenue Surges
APAC Resources (HKG:1104) posted an attributable profit of HK$593.3 million, or HK$0.455 per share, in 2023, from a loss of HK$43.4 million, or HK$0.033 per share, in 2022, according to a Thursday fil
APAC RESOURCES: 2023/24 Interim Report
China Steel Association: In early March, key statistics showed that steel companies' crude steel production of 2,058,000 tons per day fell 3.38% month-on-month
According to the China Steel Association, in early March 2024, according to key statistics, steel companies produced a total of 205.77,800 tons of crude steel, 18.4.376 million tons of pig iron, and 19.2762 million tons of steel.
China Steel Association: In late February, key statistics showed that steel companies' crude steel production of 2.13 million tons per day increased 1.38% month-on-month
The China Iron and Steel Association issued a document stating that in late February 2024, key statistics on steel companies produced a total of 19.1696 million tons of crude steel, 16.9.09 million tons of pig iron, and 18.5848 million tons of steel.
Asia Pacific Resources (01104.HK) received 600,000 additional shares worth HK$594,000 from Lee Chenghui
On February 28, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on February 28, Lee Sung-hui increased his share holdings of $Asia Pacific Resources (01104.HK) by $600,000 at an average price of HK$0.99 per share on February 27, worth about HK$594,000. After the increase in holdings, Li Chenghui's latest shareholding was 615 million shares, and the good position ratio rose from 45.32% to 45.36%. Additional Information: Acquisition of 600,000 shares by a controlled corporation on 27th F
Weak demand for starting construction in the steel market, pressure from the industrial chain is transmitted upstream to coal coke|Industry News
Financial Services Association, Feb. 28 (Reporter Zhang Liangde) After the Mid-Autumn Festival, demand for terminals recovered, but industry sentiment was still weaker than in previous years. Steel companies continued to drop to deliver “chill” to the middle and upstream raw materials. Coke prices rose and fell in four rounds, and market sentiment was sensitive under the influence of conflicting expectations of production cuts and slowing demand, and prices fluctuated sharply in the short term.
World Steel Association: In January 2024, global crude steel production was 148.1 million tons, down 1.6% year on year
According to the data, in January 2024, the world's crude steel production in 71 countries included in the World Steel Association statistics was 148.1 million tons, a year-on-year decrease of 1.6%.
Asia Pacific Resources (01104.HK) turned a loss into a profit of HK$572 million in the medium term
Gelonghui, Feb. 23 | Asia Pacific Resources (01104.HK) announced that for the six months ended 31 December 2023, the company's total revenue was HK$941 million, compared to HK$109 million for the same period last year; profit for the period was HK$572 million and loss of HK$45.25 million for the same period last year.
APAC RESOURCES: ANNOUNCEMENT OF THE INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2023
APAC RESOURCES: Date of Board Meeting
APAC Resources to Return to Profit in Fiscal H1
APAC Resources (HKG:1104) expects to post an attributable profit of between HK$549 million to HK$624 million for the six months through December, 2023, as against a loss of HK$43 million in the year-a
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