Steel

MAS C.L.

Maanshan Iron & Steel Co. releases 2025 annual shareholders' meeting presentation materials

Ma'anshan Iron & Steel Reports Profit of About 423.67 Million Yuan in Q1

MAS C.L. released FY2026 Q1 earnings on April 24 After-Market (BJT), actual revenue CNY 17.72 B (forecast CNY 19.84 B), actual EPS CNY 0.01 (forecast CNY -0.0055)

MAS C.L. to Release FY2026 Q1 Earnings on April 24 After-Market (BJT), Forecast Revenue CNY 19.84 B, EPS CNY -0.0055

Maanshan Iron & Steel reports narrowed loss to RMB 209 million in 2025

MAS C.L. released FY2025 earnings on March 25 After-Market (BJT), actual revenue CNY 77.52 B (forecast CNY 80.38 B), actual EPS CNY 0.03 (forecast CNY 0.0455)

MAS C.L. released FY2025 Q4 earnings on March 25 After-Market (BJT), actual revenue CNY 19.95 B (forecast CNY 20.42 B), actual EPS CNY -0.0369 (forecast CNY 0.0041)

MAS C.L. to Release FY2025 Earnings on March 25 After-Market (BJT), Forecast Revenue CNY 80.38 B, EPS CNY 0.0147

Citi Gives Maanshan Iron & Steel 'Buy' Rating

MaSteel's Net Loss Narrowed in 2025 with Improved Annual Operations

UBS Downgrades MaSteel to Sell

Maanshan Iron & Steel Announces Q3 2025 Production and Sales Data

MaSteel Co. Q3 Revenue Growth Amid Q1-Q3 Profit Decline

MAS C.L. released FY2025 9 Months Earnings on October 30 After-Market BJT, actual revenue CNY 57.57 B, actual EPS CNY 0.0089

MAS C.L. released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 19.5 B (forecast CNY 20.5 B), actual EPS CNY 0.0208 (forecast CNY -0.0276)

MAS C.L. to Release FY2025 Q3 Earnings on October 30 After-Market (BJT), Forecast Revenue CNY 20.5 B, EPS CNY -0.0276

Maanshan Iron & Steel to hold board meeting to review Q3 2025 results

Maanshan Iron & Steel reaches capital reduction agreement with Baowu Water

Maanshan Iron & Steel Co., Ltd. repurchased 21.4234 million A-shares for RMB 49.1352 million

Maanshan Iron & Steel Board Approves Capital Reduction for Baowu Water Technology

600808

515210

00323

Maanshan Iron & Steel (SEHK:323) reported Q4 FY 2025 revenue of C¥19.95b with a basic EPS loss of C¥0.038, while trailing twelve month EPS is C¥0.03. Despite a narrower loss compared to Q4 2024, the company faces ongoing challenges with net income losses totaling C¥208.81m. Analysts project future earnings growth, but current losses and high raw material costs raise execution risks. The stock trades at a P/S of 0.2x, significantly below peers, reflecting concerns over profitability and market growth.

Simplywall

Guotai CSI Iron & Steel ETF

MAANSHAN IRON

Maanshan Iron & Steel (SEHK:323) Q4 EPS Loss Tests Bulls’ Turnaround Narrative

513130

00HSI

159871

36Kr learned that the Hang Seng Index opened up 0.65%, and the Hang Seng Technology Index rose 0.82%; the consumer and non-ferrous metal sectors led the gains, with POP MART and Zijin Mining rising over 2%; the steel and consumer services sectors saw the largest declines, with Maanshan Iron falling over 2% and Haidilao dropping over 1%

36Kr

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Hang Seng Index

Yinhua CSI Non-ferrous Metal ETF

Zijin Mining

GX CN CONSUME-U

Guotai CSI Non-ferrous Metal ETF

ZIJIN MINING

China Southern CSI SWS Non-Ferrous Metal ETF

Hwabao WP CSI Non-ferrous Metal ETF

POP MART

GF CSI Rare Metals Theme ETF

CSOP HS TECH

Hang Seng TECH Index

GX HS TECH

CAM HS TECH

HAIDILAO

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

Penghua Guozheng Non-ferrous Metal Industry ETF

China Southern Hang Seng ETF

The Hang Seng Index opened up 0.65%, and the Hang Seng TECH Index rose 0.82%

600019

Citi has given MAS C.L. a "Buy" rating with a target price of HKD 2.8. The report indicates that MAS C.L. is expected to have a preliminary net loss of RMB 190 million to 250 million last year, better than the anticipated RMB 535 million. Although challenges remain in the fourth quarter, the synergy with Baosteel will continue to be released, and the core business is expected to remain profitable

AASTOCKS

Baosteel

Citi gives MAS C.L. a "Buy" rating with a target price of 2.8 yuan

000898

00347

Goldman Sachs pointed out that due to the slower-than-expected pace of capacity reduction in China's steel industry, steel exports will remain high, with a moderate improvement in prices expected, while steel mills will face prolonged low profits. Goldman Sachs has lowered the profit forecasts for Baosteel and MAS C.L. for the next two years, and expects ANSTEEL's losses to widen, while also reducing the gross profit forecasts for rebar and hot-rolled coils. The report mentioned that the industry faces short-term challenges, but the long-term goal remains to reduce capacity

ANSTEEL

ANGANG STEEL

Goldman Sachs: The pace of China's steel production capacity reduction is slower than expected, and steel stocks face long-term profit stagnation

Maanshan Iron & Steel Co has announced its board composition, led by Chairman Jiang Yuxiang, with four independent non-executive directors and one employee director. The board has formed four committees: Strategic and Sustainable Development, Audit and Compliance, Nomination, and Remuneration and Appraisal, enhancing governance and investor confidence. The latest analyst rating for the stock (HK:0323) is a Buy with a HK$2.80 target. The company operates in the steel industry, producing and selling steel products.

Tip Ranks

Maanshan Iron & Steel Announces Board Line-up and Committee Structure

Maanshan Iron & Steel Co has approved a comprehensive overhaul of its corporate governance framework to align with new regulatory standards. This includes revising board committee rules, management procedures, and information disclosure systems to enhance transparency and compliance. The changes aim to strengthen governance, improve risk control, and boost stakeholder confidence. The company's stock is rated as a 'Buy' with a target price of HK$2.80. Maanshan Iron & Steel is a major steel producer listed in Hong Kong and Shanghai.

Maanshan Iron & Steel Revamps Governance Framework to Meet New Regulatory Standards