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Steel stocks are rising broadly, Angang Steel (00347) is up 4.03%. Institutions expect this year to be a turning point for the Steel Industry in China.
Jinwu Financial News | Steel stocks generally rose. As of the time of publication, Angang Steel (00347) rose 4.03%, CHINA ORIENTAL (00581) rose 3.36%, HK SH ALLIANCE (01001) rose 2.70%, HUAJIN INTL (02738) rose 2.50%, CHONGQING IRON (01053) rose 2.50%, and MAANSHAN IRON (00323) rose 1.88%. On the news front, CITIC SEC expects that 2025 will be a turning point year for China's Steel Industry. Q1 2025 is expected to become a long-term performance turning point for the Steel Industry. The bank pointed out that supply-side reform is crucial for the industry.
EU President Vows 'Firm And Proportionate Countermeasures' After Trump Imposes Steel, Aluminum Tariffs
BMO Notes Canada's Steel, Aluminum Export Exposure to The U.S.
Hong Kong Shanghai Alliance Holdings' (HKG:1001) Problems Go Beyond Weak Profit
HK SH ALLIANCE (01001.HK) has appointed Huang Guixin as a non-executive Director.
Glonghui announced on December 13 that HK SH ALLIANCE (01001.HK) has appointed Huang Guixin as the company's non-executive Director, effective from December 13, 2024.
Hong Kong Shanghai Alliance Holdings Limited (HKG:1001) Passed Our Checks, And It's About To Pay A HK$0.018 Dividend