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.
MAYER HOLDINGS (01116.HK) received additional guidance on resuming trading and continued suspension
Gelonghui, April 17 | MAYER HOLDINGS (01116.HK) announced that on April 12, 2024, the company received a letter from the Stock Exchange containing two additional guidelines for resuming stock trading on the Stock Exchange: proving that the supervisory authority has no reasonable doubts about the integrity of management and/or persons with significant influence on the management and operation of the company that would pose risks to investors and damage market confidence. Conduct an independent internal control review and prove that the company has sufficient internal controls and procedures in accordance with the Listing Rules. The company appointed Zhonghui Anda Risk Management Co., Ltd. as its independent professional advisor and learned
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.
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
MAYER HOLDINGS (01116.HK): Zhang Yana appointed as Executive Director
Gelonghui March 21 | MAYER HOLDINGS (01116.HK) announced that Zhang Yana has been appointed as an executive director with effect from March 21, 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.
MAYER HOLDINGS (01116): Delayed publication of 2023 results and continued suspension
MAYER HOLDINGS (01116) announced that the group has always focused on steel-related business...
MAYER HOLDINGS: (1) QUARTERLY UPDATE; (2) DELAY IN PUBLICATION OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2023 AND FURTHER DELAY IN PUBLICATION OF THE ANNUAL RESULTS FOR THE YEAR ENDED 30 JUNE 2023; AND (3) CONTINUED SUSPENSION...
Express News | China Steel Association held a launch meeting to evaluate new steel production capacity management mechanisms and steel production capacity replacement policies
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.
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%.
Meiya Holdings (01116): The Independent Investigation Commission has appointed an independent investigation company to continue suspending trading
Meiya Holdings (01116) issued an announcement following a change in the composition of the Independent Investigation Committee (if the company date is 2024...
Mayer Could Publish 2023 Results by Mar. 31
Mayer Holdings (HKG:1116) now expects to publish its 2023 annual results by Mar. 31 as the firm's auditor will need more time to complete various audit procedures upon receipt of an investigation repo
MAYER HOLDINGS (01116) Further Delays Publication of 2023 Annual Results and Continues to Suspend Trading
MAYER HOLDINGS (01116) issued an announcement regarding changes in the composition of the Independent Investigation Committee (...
美亞控股:(1)進一步延期刊發截至二零二三年六月三十日止年度之全年業績;(2)延遲董事會會議續會;及(3)繼續暫停買賣
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