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The Three-year Shareholder Returns and Company Earnings Persist Lower as Citic Pacific Special Steel Group (SZSE:000708) Stock Falls a Further 3.7% in Past Week
China Great Wall Securities: Q4 strong expected trade expected to continue, steel sector has broad room for recovery.
There may be room for policy adjustment, and the window period that is difficult to verify is expected to extend the time and space for the rebound of the steel sector.
Citic Pacific Special Steel Group (000708.SZ) has successfully developed 316L stainless steel materials, mainly used in nuclear power, chemical, electronics and other industries.
Gelonghui, November 5th | citic pacific special steel group (000708.SZ) stated on the investor interaction platform that the company is a global leading specialized special steel materials manufacturing enterprise, focusing on the core business and continuously paying attention to the development of advanced technologies and industry applications, accelerating the release of cutting-edge materials in the aviation, energy and other industries, and speeding up the pace of import substitution. The company has developed 316L stainless steel materials, mainly used in nuclear power, chemical, electronics and other industries. The semiconductor industry is currently supplying in small batches, accounting for a relatively small proportion of the company's current main business income. Investors are kindly reminded to pay attention to investment risks. In the future, the company will continue to maintain strong investment.
haitong int'l: Currently, steel consumption has peaked. The test remains after the profit rebound.
After the profit rebound, on November 1, 2024, the daily production of pig iron was about 0.09 million tons higher than the average daily production in August and September, with an annual increase of about 40 million tons of steel production.
Citic Pacific Special Steel Group Co., Ltd Just Missed Revenue By 5.1%: Here's What Analysts Think Will Happen Next
CITIC Special Steel: 2024 Third Quarter Report
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