Guotai CSI Iron & Steel ETF

MIIT Releases Revised Implementation Measures for Steel Industry Capacity Replacement

Customs General Administration Releases Import Data for Iron Ore and Concentrates for Jan-April

Australian Government Imposes 82% Tariffs on Chinese Hot-Rolled Coil

A-Share ESG Disclosure First Exam Highlights Pressure on Steel Industry

Steel Association: China's Apparent Steel Consumption in Q1 2026 Down 4.4%

Baosteel released FY2025 earnings on April 29 After-Market (BJT), actual revenue CNY 317.51 B (forecast CNY 307.47 B), actual EPS CNY 0.4799 (forecast CNY 0.4718)

Valin Steel released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 29.41 B (forecast CNY 29.66 B), actual EPS CNY 0.0289 (forecast CNY 0.28)

Baosteel released FY2025 Q4 earnings on April 29 After-Market (BJT), actual revenue CNY 85.07 B (forecast CNY 91.7 B), actual EPS CNY 0.11 (forecast CNY 0.1017)

Baosteel released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 77.06 B, actual EPS CNY 0.1 (forecast EPS CNY 0.12)

BSU released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 13.31 B, actual EPS CNY -0.0102

STSS released FY2025 Annual Earnings on April 27, 2026 (BJT), with actual revenue of CNY 90.38 B and actual EPS of CNY 0.009 (forecast EPS CNY 0.08)

STSS released FY2025 Q4 earnings on April 27 (BJT), actual revenue CNY 22.37 B, actual EPS CNY -0.0881

JIULI Hi-tech released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 2.024 B, actual EPS CNY 0.41

STSS released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 22.21 B, actual EPS CNY 0.004

JIULI Hi-tech released FY2025 earnings on April 27 After-Market (BJT), actual revenue CNY 12.06 B (forecast CNY 11.93 B), actual EPS CNY 1.5899 (forecast CNY 1.75)

JIULI Hi-tech released FY2025 Q4 earnings on April 27 After-Market (BJT), actual revenue CNY 2.312 B (forecast CNY 3.575 B), actual EPS CNY 0.2596

HZIS released FY2026 Q1 earnings on April 24 After-Market (BJT), actual revenue CNY 7.693 B, actual EPS CNY 0.003

Dazhong Mining released FY2025 Annual Earnings on April 23 (BJT), actual revenue CNY 4.09 B (forecast CNY 4.2 B), actual EPS CNY 0.5 (forecast CNY 0.54)

Dazhong Mining released FY2025 Q4 earnings on April 23, 2026 (BJT), with actual revenue of CNY 1.064 B and EPS of CNY 0.1076

Baosteel to Release FY2025 Annual Earnings on April 30 After-Market (BJT), Forecast Revenue CNY 307.47 B, EPS CNY 0.4718

515210

Nucor Corp. (NUE) shares rose 2.77% to $232.07 on Tuesday, achieving a new 52-week high, despite underperforming compared to competitors like Steel Dynamics Inc. (STLD) and Reliance Inc. (RS), which rose 3.32% and 2.54%, respectively. The S&P 500 Index and Dow Jones Industrial Average also saw gains of 0.81% and 0.73%. Trading volume was below the 50-day average.

MarketWatch Automated

VanEck Steel ETF

Nucor

S&P 500

Dow Jones Industrial Average

Steel Dynamics

Reliance

Factset Research

Nucor Corp. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains

02738

Huajin International Holdings Ltd. has switched its auditor from Deloitte to KTC Partners CPA for the 2025 financial year audit due to a fee dispute. The decision followed an evaluation by the audit committee and complies with Hong Kong listing rules. KTC's fee of RMB 1.6 million covers the audit scope for both steel and terminal businesses. Despite the change, Huajin aims to reassure investors about audit quality, having completed its 2025 audit under KTC and released results on 31 March 2026. The company is undergoing business transformation amid operational challenges.

Tip Ranks

HUAJIN INTL

Huajin International Switches Auditor From Deloitte to KTC Amid Fee Dispute

00347

000898

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.

ANGANG STEEL

ANSTEEL

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

01618

601618

561330

512400

Metallurgical Corporation of China Ltd. reported a 10.6% year-on-year decline in new contracts for Q1 2026, totaling RMB206.10 billion, due to softer demand in capital construction. However, core business contracts grew by 19.3%, driven by ferrous metallurgy projects, and overseas contracts increased by 9.6% to RMB13.19 billion, indicating resilience in international markets. The company continues to expand into technology-driven and environmental sectors while maintaining a focus on metallurgy and mining-related construction.

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

China Southern CSI SWS Non-Ferrous Metal ETF

MCC’s Q1 2026 New Contracts Fall Overall but Core and Overseas Business Grow

BRAZ

Brazilian steelmaker CSN will begin receiving binding offers for its cement unit in over a month, as confirmed by CFO Marco Rabello. The sale could exceed 10 billion reais ($2 billion), with interest from local and international buyers, including Votorantim and J&F S.A., as well as Chinese firms like Anhui Conch Cement and Huaxin Cement. CSN is divesting assets to reduce debt, and the sale's completion is expected by year-end, pending regulatory approval. Morgan Stanley, Bradesco, and Citibank are advising on the sale process.

Fidelity

SPDR S&P Mtls & Mng

ISHRS L Amer 40

Global X Brazil Active ETF

Brazil's CSN to kick off binding phase of cement unit sale in a month

06030

600030

00323

000932

600019

000709

600808

CITIC Securities research report points out that the Federal Reserve is expected to cut interest rates by 25bps in the second half of the year, and the market's pricing for liquidity tightening will weaken. With the de-escalation of the conflict in Iran, there is room for recovery in U.S. stock valuations, but the outlook remains uncertain. The steel industry has entered a stage of high-quality development, with management logic shifting towards comprehensive evaluation, which will improve the industry landscape, maintaining a "stronger than the market" rating for the steel industry

腾讯新闻 - 财经

CITIC SEC

CITIC Securities Co., Ltd.

MAANSHAN IRON

Valin Steel

Baosteel

HEBEI STEEL CORP.

MAS C.L.

CITIC Securities latest assessment: The Federal Reserve may cut interest rates by 25bps, and the steel industry landscape is set to improve

On April 13th, the Guotai CSI Iron & Steel ETF (515210) surged over 1%. Huachuang Securities pointed out that the steel sector has low stock prices and low valuation attributes, with a high margin of safety. Pricing is mainly driven by domestic demand and is less affected by geopolitical risks. Currently, supply and demand are stable, and the industry is expected to see a recovery in prosperity. Supply has slightly increased, demand has declined, and steel prices are fluctuating and weakening. Attention should be paid to the pace of steel inventory destocking. Risk warning: Individual stock analysis does not constitute investment advice, and the risk-return characteristics of funds vary. Investors should exercise caution

Guotai CSI Iron & Steel ETF (515210) surged over 1%, with the pricing of the steel industry mainly driven by domestic demand

00704

Huscoke Given 18 Months to Regain Compliance or Face Possible Delisting

HUSCOKE HLDGS