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Chongqing Iron & Steel Co., Ltd. Class H ( (HK:1053) ) has issued an update.
Chongqing Iron & Steel reported unaudited operating figures for the first quarter of 2026, showing total steel plate and hot-rolled sheet production of 1.5157 million tonnes and sales of 1.494 million tonnes. The average selling price across these major products reached RMB 3,071 per tonne, reflecting current market conditions for flat steel products.
Management cautioned that the disclosed figures are unaudited and urged investors to consider the associated risks when assessing the data. The release offers an early snapshot of operating momentum at the start of 2026, giving shareholders an indication of sales volume and pricing trends in a still-volatile steel market.
More about Chongqing Iron & Steel Co., Ltd. Class H
Chongqing Iron & Steel Co., Ltd. is a Chinese steelmaker focused on producing plates and hot-rolled sheets for industrial customers. Listed in Shanghai and Hong Kong, the company operates within the mainland steel sector and serves demand for flat steel products in manufacturing and construction markets.
Average Trading Volume: 15,378,242
Technical Sentiment Signal: Hold
Current Market Cap: HK$13.76B
For an in-depth examination of 1053 stock, go to TipRanks’ Overview page.