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Is Baoshan Iron & Steel (SHSE:600019) Using Too Much Debt?
GTJA: Steel demand continues to rise as total inventory begins to decrease.
With the gradual transition between peak and off-peak seasons, Steel demand is expected to continue to rise, while total inventory is likely to maintain a downward trend.
Express News | Baoshan Steel Says to Keep Hot Rolled Coil Prices for April Delivery Unchanged
CICC: The profit turning point has emerged. Bullish on the Steel Sector to continue performing.
This year's peak season for Steel demand and price performance is expected to be stronger than in 2024.
Baoshan Iron & Steel (600019.SH): has taken the lead in participating in the pilot application work of the Steel large model and generative assistant.
On February 28, Glonghui reported that Baoshan Iron & Steel (600019.SH) stated on the interactive platform that its parent company China Baowu recently launched the "2526" project and has completed the local deployment of the DeepSeek R1 "full-blood version", while achieving initial integration application with the Baowu Steel Industry large model. As one of the pilot units, Baoshan Iron & Steel has taken the lead in participating in the pilot application of the steel large model and generative assistant. Currently, the company has made initial achievements in the application of the blast furnace large model and hot rolling production field. Looking forward to 2025, the company will further deepen the application of large model technology in Operation.
Express News | Kobe Steel: Forms China Jv Producing Automotive Aluminum Panels With Baoshan Iron & Steel, Baowu Aluminum