Chinese Steel Traders Turn Bearish; Sell Angang PT HK$6.50
INVESTMENT VIEW:We would sell Angang Steel Co Ltd (H) (347 HK) shares, price target HK$6.50, in expectation of a weaker steel price this...
149 Views
China Rebar Rebounds as Inventories Normalize
Long-product inventories are finally falling. Strong demand from infrastructure projects is expected this year. Recovery in prices and spreads...
103 Views
347 HK (Angang Steel) 40% Upside
WEEKLY KEY ELEMENTS Bullish above 7.00 to 11.80.Should you have any questions and wish to speak with one of our analysts, please don’t hesitate to...
137 Views
CHINA Steel Trader Visit - 3rd Visit
This is our new monthly series to look at steel demand as a proxy for the Chinese economy. We look at steel inventories and how they have changed...
162 Views
Chinese Steel Maker Sell-Off an Overreaction
Maanshan Iron & Steel H (323 HK) and Angang Steel Co Ltd (H) (347 HK) were down 4.8% and 2.4%, respectively, last Friday (March 2), following...
178 Views