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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.
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.
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Despite Lower Earnings Than Five Years Ago, Nanjing Iron & Steel (SHSE:600282) Investors Are up 105% Since Then
Nanjing Iron & Steel Agrees to Payment Adjustments for Zhejiang Wansheng Sale
Nanjing Iron & Steel Q3 Profit Down 23%, Revenue Declines 20%; Shares Up Nearly 3%
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