MAIKE TUBE News

Brokerage Morning Meeting Highlights: The historical bottom of real estate stock valuation may have been established.

At today's brokerage morning meeting, China Securities Co.,Ltd. proposed supply-side optimization, suggesting to focus on industries such as steel, photovoltaic, cement, coal, and rare earths; htsc stated that domestic sales of household appliances are improving with stable exports, focusing on two major themes for the year 2025; China International Capital Corporation believes that the historical bottom of real estate stock valuation may have been established.

cls.cnNov 18 19:13 ET

China Securities Co., Ltd.: Real estate policies drive a recovery in the steel industry, with crude steel monthly production rebounding for the first time since June.

From January to October, domestic pig iron production was 715.11 million tons, a year-on-year decrease of 4%; crude steel production was 850.73 million tons, a year-on-year decrease of 3%; steel production was 1164.84 million tons, a year-on-year increase of 0.5%. In October, pig iron and crude steel production grew by 1.4% and 2.9% respectively, marking the first rebound since June.

Zhitong FinanceNov 17 20:16 ET

In the third quarter, the loss amount is close to the annual level of last year. How to solve the "dilemma" of the steel industry? Suggestions from the industry recommend actively reducing production.

①In the third quarter, the losses in the steel industry worsened, with 21 out of 27 listed steel smelting companies experiencing losses, totaling over 14.5 billion yuan, with the total quarterly loss amount almost approaching that of the entire previous year. ②Industry experts believe that the main reason for the losses is the overcapacity in the steel industry itself, poor industry self-discipline, failure to actively limit production, oversupply of products, continuous decline in steel prices, slow decrease in raw material prices, and severe industry profit compression.

cls.cnOct 31 10:59 ET

Reorganization bullish boosts Hong Kong steel stocks! chongqing iron & steel soars nearly 38%, leading the market.

①How do institutions view the restructuring of the steel industry? ②How do institutions view the subsequent performance of the steel industry at present?

cls.cnOct 28 00:57 ET

China Galaxy Securities: Policy-driven stable growth, industry supply and demand are expected to marginally improve, catalyzing a rebound in steel prices.

The central meeting releases a resolute signal to stabilize growth, and steel, as a low-level pro-cyclical variety, is expected to benefit fully, with excess returns expected.

Zhitong FinanceOct 24 02:31 ET

MAIKE TUBE: 2024 Interim Report

HKEXSep 27 04:37 ET · Announcements

HK stock unusual movement | Steel stocks rallied at the close, positive policy changes driving expectations for improvement. Market cap management guidelines are expected to stimulate sector recovery.

Steel stocks rallied in the final trading session. As of press time, maanshan iron (00323) rose by 10.1% to HKD 1.09; angang steel (00347) rose by 8.26% to HKD 1.31; chongqing iron (01053) rose by 6.35% to HKD 0.67; china oriental (00581) rose by 5.5% to HKD 1.15.

Zhitong FinanceSep 26 03:26 ET

Who is the main player in the csi commodity equity index in the fourth quarter? Wait patiently for the "landing" of the Fed rate cut.

Can gold continue to lead the way? Will crude oil, iron ore, and other big losers be able to turn the tide?

wallstreetcnSep 18 02:06 ET

Maike Tube Industry Posts Strong H1 2024 Results

TipRanksAug 27 08:23 ET

Express News | Maike Tube Industry Holdings H1 Gross Profit RMB 166.8 Million

ReutersAug 27 08:01 ET

Express News | Maike Tube Industry Holdings H1 Net Income RMB 81.5 Million

ReutersAug 27 08:01 ET

MAIKE TUBE: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024

HKEXAug 27 08:01 ET · Announcements

CITIC Securities: Steel prices fluctuate and seek the bottom, waiting for demand to recover.

Currently, as we approach the end of August, whether the demand will improve in the later period will be the key to whether steel prices will stop falling and rebound, given the significant reduction in production in steel mills.

Zhitong FinanceAug 27 05:04 ET

Steel companies are issuing warnings about a "severe winter"! The market cap of the world's four largest iron ore miners has evaporated by over 100 billion US dollars.

Many steel companies' predictions about the severe industry outlook have made several major international iron ore suppliers, who are upstream industries, begin to have a difficult time in recent days. Since the beginning of this year, the price of this key steelmaking raw material has fallen by more than one-third. The market capitalization of the "four major" global iron ore miners has evaporated by about 100 billion US dollars in total.

cls.cnAug 19 03:08 ET

Maike Tube Industry Schedules Key Board Meeting

TipRanksAug 15 11:13 ET

MAIKE TUBE: NOTICE OF BOARD MEETING

HKEXAug 15 10:37 ET · Announcements

Huabao Securities: Blast furnace start-up increases compared to the low demand season, steel prices downward pressure.

In July, the terminal demand for steel is still greatly affected by seasonality, and the space for supply contraction is limited. It is expected that the steel price will continue to decline in July, and the short-term profit situation of steel companies may be difficult to improve significantly.

Zhitong FinanceJul 23 03:44 ET

Hong Kong stock market concept tracking: Institutions are optimistic of the steel industry's profit recovery in the second half of the year, as infrastructure projects may have concentrated efforts to complete. (Attached concept stocks)

The situation of relatively surplus raw material supply will also continue, and steel mill profits are expected to rebound due to the double bullish of demand improvement and cost reduction.

Zhitong FinanceJul 17 21:04 ET

Huafu Securities: Profits hit a bottom waiting for recovery, steel prices still have support.

In 2024, there is an expected contraction in steel supply, downstream consumer demand is expected to stabilize, and the steel supply-demand relationship may be improved. Considering the positive development of steel products towards high-end and high added value direction, the industry concentration is expected to further increase, and industry profits may bottom out and recover.

Zhitong FinanceJul 16 23:50 ET

Huabao Securities: With the upstream supply and demand easing and the downstream vanadium pentoxide prices rebounding, the gross margin of vanadium products is expected to improve.

Overall, the upstream supply and demand is loose, and the downstream vanadium pentoxide prices have rebounded, resulting in a widening of the price spread, which is beneficial for improving the gross margin of vanadium products. Continue to pay attention to the investment opportunities brought about by the restructuring of the supply and demand structure.

Zhitong FinanceJun 25 03:23 ET