Major events in the steel industry in early April!
 
Since 2021, China's economy has taken the lead in recovering after being hit by the new crown epidemic, vigorously boosting the growth of domestic steel consumption, and the current steel price has risen to a high level during the year. In this year, the steel industry has accelerated its transformation and upgrading, and corporate mergers and reorganizations. The editor specially sorted out major incidents in steel mills in the steel industry in early April 2021.
 
 

[Ansteel: Rebar "comes into" Shenzhen Metro] Ansteel Co., Ltd. Marketing Center Tianjin Branch won a rebar supply contract for the Shenzhen Metro Line Project under construction. So far, the cumulative supply has reached 24,408 tons.
 
[TISCO: All varieties of stainless steel are included in Sinopec’s "Legal Eyes"] TISCO Stainless was shortlisted for the “Annual Framework Agreement for the Joint Procurement of Stainless Seamless Steel Tubes and Longitudinal Welded Pipes of Sinopec Materials and Equipment Department in 2021 (manufacturer)”, marking TISCO The full range of stainless steel has obtained the qualified supply qualification of Sinopec.
 
[Fangda Jiugang: Scientific and technological innovation bears fruit] From January to March 2021, Fangda Jiugang has obtained 7 patented technologies. Up to now, Fangda Jiugang has 74 national patents.
 
[Benxi Iron and Steel Group: Benxi Iron and Steel successfully developed cold-rolled dual-phase steel DP1180] Benxi Iron and Steel successfully independently developed cold-rolled dual-phase steel DP1180, with a yield strength of 996MPa, a tensile strength of 1298MPa, and an elongation rate of 6%, indicating that Benxi Iron and Steel has 1200MPa Grade duplex steel production capacity.
 
[China Baowu: Strive to achieve carbon neutrality 10 years ahead of schedule] At the beginning of this year, China Baowu Iron and Steel Group Co., Ltd. first announced to the society that it would achieve carbon peak and carbon neutral targets 10 years ahead of schedule, and strive to achieve carbon peak by 2023. By 2025, we will have the ability to reduce carbon by 30%, strive to reduce carbon by 30% in 2035, and strive to achieve carbon neutrality in 2050.
 
[Taigang Group: Launch of 7 new products including 5G non-magnetic stainless steel precision strip] 7 new products including 5G non-magnetic stainless steel precision strip and special alloy strip will also be launched one after another.
 
[Hegang Group: Patented technology breaks foreign monopoly] Hegang Group's high-corrosion-resistant zinc-aluminum-magnesium hot-dip galvanized steel sheet and its production method have obtained national patent authorization.
 
[Bayi Iron and Steel: Annual output will reach 10 million tons in 2021] Bayi Steel’s headquarters set a production target of 7.2 million tons this year, an increase of 1 million tons from last year. In the first two months of this year, Bayi Iron and Steel’s headquarters and the two reorganized companies totaled 7.2 million tons. The production of iron, steel, and materials reached 1,152,100 tons, 1,212,400 tons, and 1,138,300 tons, respectively. It has been profitable for two consecutive months. It is expected that the annual output in 2021 will reach 10 million tons, and it is possible to achieve "over 10 million tons".
 
 
  [Anshan Iron and Steel Co., Ltd.: Net profit expected to achieve 1.35 billion yuan in the first quarter] In the first quarter of 2021, net profit attributable to shareholders of listed companies will be 1.35 billion yuan, a year-on-year increase of 362%.
 
[Hegang Handan Iron and Steel: Hot-rolled wear-resistant steel orders exceeded 10,000 tons in the first quarter] In the first quarter, HBIS Handan Iron and Steel's hot-rolled wear-resistant steel orders totaled 11,097 tons, of which March orders exceeded the total orders for the whole year of last year.
 
[Shagang Co., Ltd.: Net profit in the first quarter will increase by 83.16%-174.74%] Shagang Co., Ltd. announced its first quarter performance forecast for 2021. The company expects to achieve a net profit of RMB 180 million to 270 million attributable to shareholders of listed companies in the first quarter of 2021. , An increase of 83.16%-174.74% year-on-year.
 
[Shougang Co., Ltd.: Net profit in the first quarter will increase by 406%-457%] On April 6, Shougang Co., Ltd. announced the performance forecast for the first quarter of 2021. It is estimated that the net profit attributable to shareholders of listed companies in the first quarter of 2021 is 1 billion yuan~ 1.1 billion yuan, an increase of 406% to 457% year-on-year; basic earnings per share were 0.19 yuan to 0.21 yuan.
 
[Chongqing Iron and Steel: Net profit in the first quarter is expected to increase by about 25880.66%] On April 8, Chongqing Iron and Steel released its first quarter 2021 performance forecast. According to preliminary calculations by the company’s financial department, it is expected that the first quarter of 2021 will be attributable to shareholders of listed companies. Compared with the same period last year (statutory disclosure data), net profit will increase by approximately RMB 1.080 million, an increase of approximately 25,880.66% year-on-year.
 
[Taigang Stainless: Net profit forecast for the first quarter is expected to increase by 971.17%-1305.90%] On April 9, Taigang Stainless announced its first quarter 2021 performance forecast. The company is expected to achieve a net profit of 1.6 billion attributable to shareholders of listed companies RMB 2.1 billion, a year-on-year increase of 971.17%-1305.90%.
 
[Nanshan Iron and Steel Co., Ltd.: Net profit in the first quarter is expected to increase by 95%-102%] On April 9, Nanjing Iron and Steel Co., Ltd. issued an announcement on the pre-increased performance for the first quarter of 2021. It is expected to achieve net profit attributable to shareholders of listed companies in the first quarter of 2021 From 900 million yuan to 930 million yuan, an increase of 438.799 million yuan to 468.799 million yuan compared with the same period last year, an increase of 95.11% to 101.61% year-on-year.
 
[Sinosteel International: Net profit in the first quarter increased by 1290.85% year-on-year] On April 9, Sinosteel released its first quarter 2021 performance report. The company achieved total revenue of 2.772 billion yuan in the first quarter of 2021, a year-on-year increase of 35.85%; net profit of 123 million yuan, a year-on-year increase of 1290.85%.
 
  [Jianlong Group: Jianlong Group and Langqin Group jointly develop Cuihongshan iron polymetallic mine] On April 7, Heilongjiang Jianlong Mining Group, a subsidiary of Jianlong Group, and Langqin Group signed a cooperation agreement in Heihe City, Heilongjiang Province According to the agreement, the two parties will work together to integrate and develop the resources of the Cuihongshan Iron Polymetallic Mine.
 
[Liugang Group: The first project of strategic cooperation with Huawei] On April 8, the launch meeting of Liugang's smart access control system project was held. Liugang Group and Huawei Technologies Co., Ltd. signed the "Strategic Cooperation Agreement" for the first project.
 
[Ansteel Group: will join hands with Liaogang Group to develop new industries and new businesses] On April 12, Tan Chengxu, Chairman and Party Secretary of Ansteel Group, met with the visiting party secretary and general manager Zhang Yi of Liaogang Group. Both parties focused on expanding cooperation fields, Jointly develop new industries and new businesses.
 
[Notice of Benxi Iron and Steel Group] On April 15, the Benxi Iron and Steel Plates were released. Anshan Iron and Steel Group is planning to reorganize the Benxi Iron and Steel Group, which may lead to changes in the company's control. After the company's application, the company's shares will resume trading from the market opening on the morning of April 16, 2021.