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China Galaxy Securities: Medium to long-term conflicts in Steel supply and demand are intensifying, accelerating the supply-side reform in the Steel Industry.
Short-term imported iron ore may run weakly, potentially leading to a reduction in raw material costs, which is Bullish for domestic Steel companies. In the medium to long term, mainstream mines may also adjust their supply strategy under the changing landscape, increasing uncertainty in iron ore prices.
Latest assessment from Citigroup on the Steel Industry: Under the "pressure test" of tariffs, why have these two steel companies become the "first choice"?
Citi released the latest assessment report on the Steel Industry.
Angang Steel (00347.HK) will hold a Board of Directors meeting on April 29 to consider and approve the first-quarter performance at its discretion.
Gelonghui, April 15th丨Angang Steel (00347.HK) announced that the Board of Directors meeting will be held on April 29, 2025 (Tuesday), to consider and at its discretion approve the performance of the company and its subsidiaries for the three months ending March 31, 2025.
ANGANG STEEL: NOTICE OF BOARD MEETING
Ansteel (00347.HK) controlling Shareholder plans to increase Shareholding of A-shares with a funding limit of 0.2 billion RMB.
Angang Steel (00347.HK) announced that the controlling Shareholder Angang Iron and Steel intends to increase its Shareholding in the company's A shares within the next six months, with a total funding amount ranging from 0.1 billion to 0.2 billion yuan.
Express News | Summary of Shareholding Changes on April 14.