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Europe steel company ArcelorMittal calls for more stringent trade measures against steel from China.
European steel merchant ArcelorMittal has called for stronger trade measures to address the influx of cheap steel imports from China, as China's supply has made the market unsustainable and European prices are far below marginal costs. China produces over 1 billion tons of steel annually, accounting for more than half of global output, but the domestic steel market in China is experiencing an oversupply situation, leading to other global markets becoming the dumping ground for China. ArcelorMittal CEO Aditya Mittal stated that the increase in steel imports is a concern for Europe and there is an urgent need to strengthen trade measures.
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.
tiangong int'l (00826) cancelled 1.856 million shares already repurchased shares.
tiangong int'l (00826) announced on November 1, 2024, that the company had cancelled 1.856 million shares...
Continuously leading the titanium alloy penetration boom, Tian Gong shares are expected to steadily grow in multiple fields.
Known as a leader in the titanium and titanium alloy materials industry in the consumer electronics sector, Tiangong Co., Ltd., which has experienced explosive growth in performance, has investors filled with expectations.
Hong Kong stock abnormal fluctuations | tiangong int'l (00826) rose nearly 7% in early trading. China Steel Association accelerates research and promotes joint restructuring. Tiangong Steel's net profit in the first three quarters increased by over 10%.
tiangong int'l (00826) rose nearly 7% in early trading, up 4.47% as of the time of publication, at 1.87 Hong Kong dollars, with a turnover of 4.3406 million Hong Kong dollars.
Chongqing Iron & Steel (01053.HK) once soared by 60%, rumored that the China Iron and Steel Association is accelerating research to promote joint restructuring.
Steel stocks rose today (28th), with rumors that the China Iron and Steel Industry Association will accelerate research to promote capacity governance and joint reorganization. The association has started to expedite relevant research and conduct special investigations, proposing a comprehensive set of related policy recommendations to promote joint reorganization and improve exit mechanisms. Chongqing Iron & Steel (01053.HK) opened 1.15% higher and surged significantly, reaching a high of 1.39 yuan, up nearly 60%. Currently trading at 1.28 yuan, up 47.13%, with trading volume sharply increasing to 0.19 billion shares, involving 0.233 billion yuan. Ma Steel (00323.HK) is currently trading at 1.42 yuan, up 17.36%. An Steel (00
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