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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.
Hong Kong stock Concept tracking | Supply-side reform adjusts Steel supply, market focuses on the implementation status of domestic production restrictions (with related stocks)
Citi published a report on China's resource industry, stating that the announced tariffs by the USA have little impact on the Steel-related sub-industries.
Add New Energy Reports Revenue Decline but Increased Profitability in 2024
ADD NEW ENERGY (02623) released its annual results, with a profit attributable to shareholders of 61.723 million yuan, an increase of 22.16% year-on-year.
ADD NEW ENERGY (02623) announced its annual results for the year ended December 31, 2024, with group revenue of RMB 2...
Express News | Add New Energy Investment Holdings Group FY Gross Profit RMB 15.7 Million
