The steel sector experiences a volatile rebound, with Baosteel and several other stocks rising over 5%

Zhitong
2025.04.28 02:11

Shougang Co., Ltd. rose over 8%, while Baosteel, SANGANG MINGUANG, xinsteel, and STSS all rose over 5%. On the news front, Shougang Co., Ltd. announced that its net profit in the first quarter increased by nearly 1450% year-on-year. Additionally, Baosteel and several other steel companies reported a year-on-year increase in net profit for the first quarter