On a book value basis, it trades at 0. They benchmark their funds against a variety of indexes and believe that a combination of index-affiliated and active in vestments enables them to better respond to shifts in the securities markets. Do perform your own independent research and checks before making any investment decision. Established solely by Baosteel Group on February 3, 2000,Baosteel Co. Listings of issuers under review for rating changes. Ratings on over 170,000 corporate, government and structured finance securities. Baosteel Group, as at 31 December 2015, still owned 15.
Data may be intentionally delayed pursuant to supplier requirements. Its main plant is located in the Baoshan district of Shanghai. The most-active iron ore contract on the Dalian Commodity Exchange closed 1. Descriptive frameworks underlying Moody's ratings. A: We provide panel, you make construction. Baoshan Iron and Steel also benefitted from the Chinese economic expansion which consumed all the steel available.
The Company distributes its products in domestic market and to overseas markets. The company was founded on June 15, 1992 and is headquartered in Wuhan, China. It operates through the following business segments: Steel manufacturing, Processing and distribution, Information technology, E-commerce, Chemical industry, and Finance. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. The Industrial Materials business area handles tire cord production facility, technical yarns, c arpets and aramids.
The corporation was under the supervision of State-owned Assets Supervision and Administration Commission of the State Council. Can I have your samples before order? After the deal, Baosteel Group held a 0. Exchanges report short interest twice a month. Under the experienced group company J. It followed the parent company to become a subsidiary of Baosteel Group in 1998. Metallurgical Corporation of China Limited.
Q:Which country have you exported to? The Automotive division serves as the ce ntral point of contact for car manufacturers and Tier 0. Plans called for a large integrated steel production facility to be located near the port of. Intraday data delayed at least 15 minutes or per exchange requirements. To learn more about how , subscribe to our monthly Asia-In-Focus Report. Our companionship with customers is rooted in a time when bringing new life and new dreams to our fellow citizens meant more than we can imagine. The company attaches great emphasis to cultivating its innovation capacity, actively develops and applies the advanced technology for manufacturing, energy-conservation and environmental protection, and has established the marketing, processing and service network with nationwide coverage and worldwide involvement.
Benchmark construction steel rebar prices on the Shanghai Futures Exchange settled 1. It ranked third in the crude steel output, third in the automotive sheet output and first in the oriented silicon steel output among the global listed steel companies. According to Chinese companies data was provided by , the corporation was ranked the 5th in 2015 the world ranking by production volume 2nd in China for 34. Its products include cold-rolled carbon steel coils, hot-rolled carbon steel coils, and steel pipe products. Versatility: can be used in the various areas. Baoshan Iron and Steel in Chinese.
However, analysts also warned of waning demand in the off-peak season. While the industry will benefit from capacity reductions of 7% overall, long-term steel demand could continue to fall if underlying demand does not recover. Restricted stock typically is that issued to company insiders with limits on when it may be traded. Anshan Iron and Steel Group Corporation Ansteel Group in short; less popularly Angang Group is a Chinese state-owned steel maker. This will make operations more efficient and lift margins. Excluding the investment held by the listed subsidiary Baoshan Iron and Steel, Baosteel Group owned 0. For equity investments, the firm aims to realize long-term growth mainly by investing in shares of listed companies with superior growth potential.
Since Baosteel Group and Wuhan Iron and Steel Corporation also announced targets of cutting 3. Subscribe today to get a from us as well, Our Stock Guide 2017: The top 10 stocks on our watch list today. Shares Outstanding Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. Wuhan Iron and Steel Corporation. Fundamental company data and analyst estimates provided by FactSet.