Angang Steel Co Ltd

Type: Company
Name: Angang Steel Co Ltd
Nationality: China
Web Address: http://www.ansteel.com.cn/
Fact Sheet: Fact Sheet for Angang Steel Co Ltd
First reported Oct 31 2014 - Updated Oct 31 2014 - 1 reports

HSI ends up 214 pts at 23,916 midday; turnover at HK$39.8bn

] HK stocks closed sharply higher on Friday morningsession after the Dow soared 221 points overnight on strong 3Q GDP growth of 3.5%. Therally of mainland market also boosted the sentiment.The Hang Seng Index ended up 214 points to 23,916, off an intra-day ... [Published etnet.com.hk - Oct 31 2014]
First reported Oct 30 2014 - Updated Oct 30 2014 - 1 reports

Chinese firms set aside $1.2b to build steel plant in Jambi

Chinese firms Fuhai Group and Ansteel Group will invest up to US$1.2 billion in the development of an industrial estate and its infrastructure facilities in Ujung Jabung, Jambi, Sumatra.Fuhai chairman Lizhi Zhao said in Jakarta on Wednesday that his company ... [Published Jakarta Post - Oct 30 2014]
First reported Oct 29 2014 - Updated Oct 29 2014 - 1 reports

Ansteel took over high end wear resisting pipe market

(Follow @steelguru on Twitter for important updates)Recently, Ansteel successfully developed NM600 wear-resisting pipe, the mortar through put of which is 100% high than that among the same industry products, reaching the highest level in China.At present, ... [Published Steel Guru - Oct 29 2014]
First reported Oct 27 2014 - Updated Oct 27 2014 - 2 reports

ANGANG STEEL (00347.HK) kept Outperform, target cut to $7.1 - C Suisse

Credit Suisse said in the latest research report that ANGANG STEEL (00347.HK) +0.050 (+0.963%) Short selling $12.55M; Ratio 34.825% 's 3Q14 net profit rose 19% quarter-on-quarter to RMB346 million, and excluding one-off asset write-down, recurring ... [Published Aastocks.com - Oct 27 2014]
First reported Oct 27 2014 - Updated Oct 27 2014 - 1 reports

ASIA MARKETS: Asian Shares Mixed As Chinese Markets Are Hit By Trading Delay

By Chao DengChina's benchmark index slipped to its lowest in five weeks on Monday, after a trading program allowing more foreign investment into mainland China was delayed, while shares in Japan edged higher as the dollar held on to most of the gains ... [Published 4 Traders - Oct 27 2014]
First reported Oct 27 2014 - Updated Oct 27 2014 - 1 reports

Angang Steel : Q3 Net Up 449%

ANSHAN , October 27 , SinoCast -- Angang Steel (SZSE: 000898) had operating revenue of CNY 19 billion in the third quarter of 2014, up 1.19% from a year ago. Net profit attributable to shareholders jumped 449.21% to CNY 346 million . That for January ... [Published 4 Traders - Oct 27 2014]
First reported Oct 27 2014 - Updated Oct 27 2014 - 2 reports

Angang Steel Posts Surge In Q3 Profit

Angang Steel Co (OTC: ANGGY) reported a strong rise in its net profit for the third quarter. Angang Steel's quarterly profit surged ... ... [Published Crawford Financial Planning - Oct 27 2014]
First reported Oct 27 2014 - Updated Oct 27 2014 - 1 reports

Asian Shares Mixed, China Hit by Trading Link Delay-- Update

By Chao DengStocks in China fell Monday after a trading program letting more foreign investment into mainland China was delayed.Hong Kong's Hang Seng Index led Asian bourses lower with a loss of 1.2% in early trading, while the Shanghai Composite Index ... [Published 4 Traders - Oct 27 2014]
First reported Oct 27 2014 - Updated Oct 27 2014 - 1 reports

Ansteel Cooperated with NEC in Steel Development

(Follow @steelguru on Twitter for important updates)Recently, Ansteel signed strategic cooperative framework agreement with China Nuclear Engineering Construction to build strategic cooperation relationship with each other.According to the agreement, ... [Published Steel Guru - Oct 27 2014]
First reported Oct 27 2014 - Updated Oct 27 2014 - 1 reports

M Stanley: ANGANG STEEL (00347.HK) quarterly results show gross profit expansion

Morgan Stanley said in the latest research report that ANGANG STEEL (00347.HK) +0.070 (+1.349%) Short selling $5.33M; Ratio 30.071% 's quarterly report indicated an expansion in margins, with gross margin up 2.7 percentage points year-on-year and ... [Published Aastocks.com - Oct 27 2014]
First reported Oct 27 2014 - Updated Oct 27 2014 - 1 reports

BRIEF-Angang Steel posts Q3 net profit up 449.2 pct y/y

Oct 27 (Reuters) - Angang Steel Co Ltd * Says Q3 net profit up 449.2 percent y/y at 346 millionyuan (56.58 million US dollar) Source text in Chinese: http://bit.ly/1rIOnsL Further company coverage: (1 US dollar = 6.1147 Chinese yuan) (Reporting by Hong ... [Published Yahoo! Malaysia - Oct 27 2014]
First reported Oct 27 2014 - Updated Oct 27 2014 - 1 reports

China Stock Futures Fall Amid Delay in Shanghai-HK Bourses Link

China’s stock-index futures fellamid concern the delay to the start of the Hong Kong-Shanghaibourse link will sap demand for shares.Futures on the CSI 300 Index (SHSZ300) expiring in November lost 0.7percent to 2,386 as of 9:23 a.m. local time. Brokerages ... [Published Bloomberg - Oct 27 2014]
Entities: China, Index, Hong Kong

Quotes

...- there will only be small price changes and no big surprises," said Xu Zhongbo of Beijing Metal Consulting, who works with Chinese steel mills. "Debts are the big problem - the firms with no debts are surviving and even making some money, but those having to pay back heavy loans are struggling" he added. Confidence in China's steel sector, by far the world's largest, has been weak this year, with many enterprises operating in the red as a result...
...that the steel industry in China requires five and seven years to return to profitability after the industry firms recorded losses during the year. "We have to prepare for a long-term struggle. Some people will collapse during this war of attrition, if their cash flow dries up, or if they can't make any money at all" he said. The projections are mostly in line with that of the iron ore exporters and government agencies in Australia, which is a leading supplier of...

More Content

All (43) | News (41) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
HSI ends up 214 pts at 23,916 midday; turnover ... [Published etnet.com.hk - Oct 31 2014]
Chinese iron ore slips, buyers cautious ahead o... [Published London South East - Oct 30 2014]
Chinese firms set aside $1.2b to build steel pl... [Published Jakarta Post - Oct 30 2014]
Ansteel took over high end wear resisting pipe ... [Published Steel Guru - Oct 29 2014]
ANGANG STEEL (00347.HK) kept Outperform, target... [Published Aastocks.com - Oct 27 2014]
ASIA MARKETS: Asian Shares Mixed As Chinese Mar... [Published 4 Traders - Oct 27 2014]
Angang Steel : Q3 Net Up 449% [Published 4 Traders - Oct 27 2014]
Angang Steel Posts Surge In Q3 Profit [Published Crawford Financial Planning - Oct 27 2014]
Angang Steel Posts Surge In Q3 Profit [Published Benzinga.com - Oct 27 2014]
Ansteel Cooperated with NEC in Steel Development [Published Steel Guru - Oct 27 2014]
M Stanley: ANGANG STEEL (00347.HK) quarterly re... [Published Aastocks.com - Oct 27 2014]
BRIEF-Angang Steel posts Q3 net profit up 449.2... [Published Yahoo! Malaysia - Oct 27 2014]
Asian Shares Mixed, China Hit by Trading Link D... [Published 4 Traders - Oct 27 2014]
China Stock Futures Fall Amid Delay in Shanghai... [Published Bloomberg - Oct 27 2014]
ANGANG STEEL (00347.HK) 3Q profit up 4.5x [Published Aastocks.com - Oct 27 2014]
Hamburg: Red Dragon’s European Port [Published L'Humanite - Oct 24 2014]
Gindalbie Metals : Karara Project Output furthe... [Published 4 Traders - Oct 22 2014]
Angang to hold HRC prices unchanged for Nov [Published Steel Guru - Oct 21 2014]
Ansteel exported A516Gr.70 vessel plate to Jordan [Published Steel Guru - Oct 21 2014]
YIEH UNITED STEEL : Ansteel Buys 60% of Lianzho... [Published 4 Traders - Oct 20 2014]
E United, Ansteel sign expansion deal [Published Taipei Times Online - Oct 19 2014]
China Railway : Ansteel signed strategic cooper... [Published 4 Traders - Oct 18 2014]
E United teams up with Ansteel in business coop... [Published Taiwan News Online - Oct 18 2014]
[I-bank focus]BofAML lowers Angang Steel (00347... [Published etnet.com.hk - Oct 16 2014]
China meets Europe at DNV GL maritime headquart... [Published LNG World News - Oct 13 2014]
China meets Europe at the DNV GL maritime headq... [Published All About Shipping - Oct 13 2014]
Greening Chinese economy generates opportunitie... [Published PredictWallStreet - Oct 11 2014]
E United Group steel mill to be acquired by Ans... [Published China Post - Oct 09 2014]
GINDALBIE METALS: KARARA FUTURE REMAINS UNCLEAR [Published Mining Business Media - Oct 09 2014]
Ansteel to issue short-term bonds worth RMB 3 b... [Published SteelOrbis - Oct 08 2014]
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