Steel

ANGANG STEEL

Angang and China Military Industry Investment to Bundle Transfer 25% Stake in Everbright Sun Life, Potential Delays in Capital Increase

ANGANG STEEL released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue HKD 24.97 B (forecast HKD 26.83 B), actual EPS HKD -0.1768

ANGANG STEEL to Release FY2026 Q1 Earnings on April 29 After-Market (BJT), Forecast Revenue HKD 27.18 B

ANGANG STEEL released FY2025 Annual Earnings on March 30 During-Market (BJT), actual revenue HKD 104.98 B (forecast HKD 109.13 B), actual EPS HKD -0.4743 (forecast HKD -0.3566)

ANGANG STEEL released FY2025 Q4 earnings on March 30 During-Market (BJT), actual revenue HKD 25.53 B (forecast HKD 27.38 B), actual EPS HKD -0.2394

ANGANG STEEL to Release FY2025 Earnings on March 30 During-Market (BJT), Forecast Revenue HKD 105.42 B, EPS HKD -0.3572

Anshan Iron & Steel reports net loss of 4.077 billion yuan in 2025, down 42.75% from 2024

Anshan Iron & Steel predicts reduced net loss in 2025

CIMC and Ansteel Sign New Round of Strategic Cooperation Agreement

Anshan Iron & Steel Group Launches Four New Steel Products for Energy Sector

UBS Publishes Report on Ansteel's Performance and Prospects

Ansteel Company Obtains Patent Authorization for a Double Angle Eccentric Efficient Oxygen Lance Nozzle

Thailand Launches Anti-Circumvention and Anti-Dumping Investigation into Chinese Hot-Rolled Steel

Anshan Iron & Steel Establishes Anjin Auto Parts (Hefei) Co., Ltd.

ANGANG STEEL released FY2025 Q3 earnings on October 30 During-Market (BJT), actual revenue HKD 26.77 B (forecast HKD 31.07 B), actual EPS HKD -0.1051

ANGANG STEEL released FY2025 9 Months Earnings on October 30 During-Market (BJT), actual revenue HKD 79.38 B, actual EPS HKD -0.2372

Ansteel Shares Obtained Patent for Low-Temperature Fracture Toughness FH460 High-Strength Steel Plate

Angang Steel to Release FY2025 Q3 Earnings on October 31 During-Market (BJT), Forecast Revenue HKD 35.92 B

Anshan Iron & Steel Increases Holdings in Angang Steel by 100 million shares

Anshan Iron & Steel Increases R&D Investment by 35.6%, Registers 40 New Software Copyrights

I.CENTURY HLDG

RIVERINE CHINA

KOS TALENT GP

CHINA CBS INTL

NATURE ENERGY T

DIGIT HOLLYWOOD

REDCO HEALTHY

ZXZN QI-HOUSE

ASIA PIONEER

HUISHENG INTL

00347

000898

515210

Angang Steel Co (HK:0347) reported a significant widening of its first-quarter 2026 net loss to RMB 1.46 billion, with operating income falling 12.19% to RMB 22.02 billion due to market pressures. Despite a 22.57% increase in net cash flows from operating activities, the company's profitability deteriorated, reflected in a negative earnings per share of RMB 0.156. Management confirmed the unaudited results, which lack non-standard auditor opinions. Analysts currently rate the stock as a Sell with a price target of HK$1.20, raising concerns about Angang Steel's financial performance in a challenging steel market.

Tip Ranks

ANSTEEL

Guotai CSI Iron & Steel ETF

Angang Steel’s First-Quarter Loss Widens as Revenue Falls

Angang Steel Company Limited will hold a board meeting on April 29, 2026, to review and approve its consolidated financial results for Q1 2026. This meeting is crucial for investors as it reflects the company's operational trends and financial health in the steel sector. The board, led by Executive Director Wang Jun, will ensure compliance with Hong Kong's regulatory requirements. Currently, the stock has a 'Sell' rating with a price target of HK$1.20, and the company has a market cap of HK$23.52B.

Angang Steel Sets Board Meeting to Approve First-Quarter 2026 Results

Angang Steel Schedules 2025 Results Briefing to Boost Investor Communication

Angang Steel Schedules 2025 Results Briefing to Boost Investor Communication

ANGANG STEEL announced its performance for the year 2025, with operating revenue of 96.052 billion RMB (same below), a year-on-year decrease of 8.6%. The loss narrowed from 7.122 billion RMB in the previous year to 4.068 billion RMB, with a loss per share of 43.4 cents. No final dividend will be distributed

AASTOCKS

"Performance" Ansteel's annual loss narrowed to 4.068 billion RMB

STECH

01347

01787

600547

513600

600988

00HSI

36Kr learned that the Hang Seng Index fell by 2.23%, and the Hang Seng TECH Index dropped by 3.36%; the non-ferrous metals, steel, and semiconductor sectors led the decline, with SD GOLD and CHIFENG GOLD down over 12%, HUA HONG SEMI down over 11%, and ANSTEEL down over 7%; liquor stocks saw significant gains, with Zhenjiu Lidu rising over 3%; southbound funds had a net purchase of HKD 1.907 billion

36Kr

Hang Seng TECH Index

HUA HONG SEMI

SD GOLD

SD-GOLD

China Southern Hang Seng ETF

CHIFENG GOLD

Hang Seng Index

The Hang Seng Index closed down 2.23%, and the Hang Seng TECH Index fell 3.36%

600808

00323

600019

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

MAS C.L.

MAANSHAN IRON

Baosteel

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

UBS has maintained a Hold rating on Angang Steel Co with a price target of HK$2.45. The company's shares closed at HK$2.08. Another report from November 14 also reiterated a Hold rating with a HK$2.50 price target. The analyst consensus rating is Moderate Buy with a $0.30 average price target, implying an -85.58% downside.

UBS Reaffirms Their Hold Rating on Angang Steel Co (ANGGF)

ANSTEEL: 9-month revenue of 73.09 billion yuan

Zhitong

ANGANG STEEL announced its performance for the first three quarters of 2025, with operating revenue of 73.092 billion yuan, a year-on-year decrease of 7.78%; net loss attributable to shareholders of the parent company was 2.04 billion yuan, a year-on-year narrowing of 59.87%; basic loss per share was 0.218 yuan. The main reasons for the reduction in losses include the company's proactive response to market pressures, improvement in operational efficiency, strengthening of core technologies, and the effectiveness of measures such as market expansion and transformation upgrades

ANSTEEL announced its performance for the first three quarters, with a net loss attributable to shareholders of RMB 2.04 billion, a year-on-year narrowing of 59.87%

ANGANG STEEL(00347.HK)

Angang Steel’s First-Quarter Loss Widens as Revenue Falls

Angang Steel Sets Board Meeting to Approve First-Quarter 2026 Results

Angang Steel Schedules 2025 Results Briefing to Boost Investor Communication

"Performance" Ansteel's annual loss narrowed to 4.068 billion RMB

The Hang Seng Index closed down 2.23%, and the Hang Seng TECH Index fell 3.36%

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

UBS Reaffirms Their Hold Rating on Angang Steel Co (ANGGF)

ANSTEEL: 9-month revenue of 73.09 billion yuan

ANSTEEL announced its performance for the first three quarters, with a net loss attributable to shareholders of RMB 2.04 billion, a year-on-year narrowing of 59.87%