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Maanshan Iron & Steel Co. Updates on 2024 Annual Report and Transactions with China Baowu

Story Highlights
  • Maanshan Iron & Steel Co. operates in the steel industry with key transactions involving China Baowu.
  • The company details ongoing agreements with China Baowu, focusing on competitive pricing and efficient payments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Maanshan Iron & Steel Co. Updates on 2024 Annual Report and Transactions with China Baowu

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Maanshan Iron & Steel Co ( (HK:0323) ) has shared an update.

Maanshan Iron & Steel Co. has issued a supplemental announcement regarding its 2024 Annual Report, detailing its ongoing connected transactions with China Baowu. The company has agreements in place for the sale and purchase of products and services with China Baowu, ensuring that pricing aligns with market standards and commercial terms. These transactions are structured to maintain competitive pricing and efficient payment terms, which could impact the company’s operational efficiency and stakeholder relations.

The most recent analyst rating on (HK:0323) stock is a Hold with a HK$2.10 price target. To see the full list of analyst forecasts on Maanshan Iron & Steel Co stock, see the HK:0323 Stock Forecast page.

More about Maanshan Iron & Steel Co

Maanshan Iron & Steel Co., a joint stock limited company incorporated in China, operates in the steel industry. Its primary products include steel and related materials, and it engages in transactions with China Baowu, a major player in the industry.

Average Trading Volume: 35,533,569

Technical Sentiment Signal: Buy

Current Market Cap: HK$27.18B

Learn more about 0323 stock on TipRanks’ Stock Analysis page.

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