Baoshan Iron & Steel Co., Ltd.

SHA:600019 ISIN:CNE0000015R4

Baoshan Iron & Steel Co., Ltd. is mainly engaged in the manufacture and trading of steel products. The Company's major products fall into three categories: carbon steel, stainless steel and special steel. The carbon steel products include hot rolled steel plate products such as hot rolled steel sheets/coils and wide heavy steel plates, among others; cold rolled steel plate products such as general cold rolled steel flakes, pot galvanizing, electro galvanizing, electro tinplate and others; steel tube products including seamless steel tubes and high frequency welded ( HFW ) pipes; steel wire products such as steel cords, high-quality spring steels and others; as well as steel billet products. The stainless steel products include hot rolled and cold rolled stainless steel products. The Company’s products are used in industries such as automobile, home electric appliance, petrochemical, machinery manufacture, transportation and architecture. The Company is headquartered in Shangha 
 
       

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News

Asian Markets Overview of January 18

🕔1/18/2010 1:30:51 PM 16743

US stocks fell on Friday led by financial sector as JPMorgan Chase reported heavy fourth-quarter losses on mortgage and credit card loans. Shares in Intel also declined despite it reported a biggest gross profit margin in its history, as investors grew fearful that the stock may be near its peak. For the week, Dow index fell 8.54 points, or 0.08%.

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Asian Market Overview of November 11

🕔11/12/2009 12:00:00 PM 15807

Asian stocks markets were mostly higher on Wednesday. The Japanese market was buoyed by the positive machinery orders data, and the U.S. dollar dropped sharply against the yen after the data. World Bank President Robert Zoellick said on a conference in Singapore today that the US dollar's role as a reserve currency is intact, but the Chinese yuan could provide an alternative in the next 10-15 years.

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Minara (ASX:MRE): Nickel Price to Rise by 9% in FY2010

🕔9/4/2009 3:47:17 PM 10971

The nickel price is expected to rebound by about 9 per cent in 2010 as China's stainless steel market shows some signs of recovery, according to Minara Resources Ltd (ASX:MRE) chief executive Peter Johnston.

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Asian Markets Overview of March 2

🕔3/2/2009 3:00:10 PM 17734

On Friday Asian markets closed mixed in a volatile trading session. Japan's Nikkei 225 Average climbed 1.5%, while South Korea's Kospi rose 0.8%. China's Shanghai Composite was down 1.8% and Hong Kong's Hang Seng Index fell 0.7%. Tokyo stocks slid more than 3 percent on Monday after the news that U.S. government will take a large stake in Citigroup. South Korean stocks also made a weak start today, weighed down by the deepening financial jitters and the weakening local currency.

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Asian Markets Overview of February 10

🕔2/10/2009 3:00:16 PM 15605

Asian markets are expected to be flat today before the US stimulus package is unveiled. Yesterday the major indexes in Asia closed mixed with Shanghai and Hong Kong extended the rising after China's stimulus plan announced last week, while Tokyo and Seoul declined.

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  • Industrial 
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  • Materials 
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