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Trump's tariffs on imported Steel and Aluminum officially take effect, with no country exemptions.
The measure proposed by Trump to raise the actual tariffs on Steel and Aluminum imported into the USA to 25% has officially taken effect, with no country receiving an exemption.
Does Chongqing Iron & Steel (HKG:1053) Have A Healthy Balance Sheet?
Goldman Sachs analyzes the impact of USA tariffs: Steel factories celebrate, while the common people's grocery baskets are in crisis.
When the new round of tariffs from the USA strikes Steel, Aluminum, and China Commodity, aiming at the EU Autos and key imports, the gears of the Global Industry Chain are making a harsh grinding sound.
Hong Kong stocks are moving | Steel stocks continue their recent strength. The Ministry of Industry and Information Technology previously released a new version of the Steel Industry standard conditions. The market expects that industry production limits
Steel stocks continue to show recent strength. As of the time of writing, CHINAVTM MINING (00893) is up 9.62%, trading at 0.057 HKD; Maanshan Iron & Steel (00323) is up 7.85%, trading at 2.06 HKD; Angang Steel (00347) is up 7.02%, trading at 1.83 HKD; CHONGQING IRON (01053) is up 6.74%, trading at 0.95 HKD.
The main line of Technology continues to evolve, and the AI computing power sector is expected to gain strength.
Track the entire lifecycle of the main Sector.
Can a new round of Steel supply-side reform be fully initiated?
East China Futures believes that, considering the current state of the industry, the uncertainty of hedging external demand, and the achievement of the energy consumption targets set in the 14th Five-Year Plan, the discussion on this round of Supply-side Reform 2.0 is not without basis. Once the policy is implemented, the most direct impact will be a temporary expansion of industry profits, but the extent of this expansion may be lower than in the previous round of policies, expected to be between 300 to 400 yuan per ton.
Many Still Looking Away From Chongqing Iron & Steel Company Limited (HKG:1053)
