Magang Still a Buy
Maanshan Iron & Steel H (323 HK) released its first-half results on Wednesday (8/23). Revenue was up 68% year-on-year to CNY 35.2 bn while net...
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China Steel Spreads Climb as "Chickens" Face Chopping Block
With Beijing's war on scrap-strip steel showing no signs of abating, spreads should remain high for the foreseeable future.Chinese steel spreads...
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Magang Heads Higher as 'Scrap Strip' Deadline Passes
Beijing’s crackdown on ‘scrap strip’ steel producers has been remarkably successful so far, with approximately 70 million tons p.a. of capacity...
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Ma'anshan Iron and Steel: Back from the Dead
Ma’anshan Iron and Steel is set for rapid earnings growth this year thanks to a dramatic recovery in Chinese steel prices. The company’s margins...
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Future of Cobalt Vis-A-Vis EVs
As per the Financial Times ("FT") article dated 24th Feb 2017, electric vehicle ("EVs") manufacturers and battery producers have been scrambling to...
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