Maanshan Iron & Steel Company Limited (MAANF)
Maanshan Iron & Steel Company Limited operates in the Steel industry of the Basic Materials sector, headquartered in Maanshan, AN, CN. The stock last traded at $0.24, up 0.00% on the session, giving a market capitalisation of $2.59B. On trailing twelve-month figures it carries a trailing P/E of -886.21, a net margin of -0.0%. Its beta of 0.91 implies it has historically moved less than the broad market.
Maanshan Iron & Steel Company Limited, along with its associated entities, operates as a significant producer and vendor of diverse iron and steel goods and their related by-products. Its market reach extends across mainland China, Hong Kong, and international territories. The company's extensive offerings include a wide array of steel plates, such as hot-rolled, cold-rolled thin, galvanized, coil-coated, and medium varieties. It also manufactures various structural steel items like H-beams and medium sections, alongside high-speed wire rods and hot-rolled reinforcing steel. Notably, it produces railway wheels and wheel rims. Beyond core steel manufacturing, Maanshan Iron & Steel is involved in a comprehensive range of activities. These encompass the full spectrum of ferrous metallurgy, including the production and distribution of screw-threaded, round, section, angle, and deformed steels, as well as wires and rods. Its operations extend to the trading of essential raw materials such as iron ore, iron ore fines, and scrap steel, both domestically and internationally. Furthermore, it engages in advanced metallurgical processing of ferrous metals, and the generation and sale of coke, coke chemical products, and energy. A particularly specialized area involves the design, research and development, manufacturing, maintenance, and sales of an extensive range of rail equipment, including railway wheels, axles, wheel sets, and bogies. The company also conducts general trading of steel products and pig iron, alongside broader investment and commercial endeavors. Established in 1953, Maanshan Iron & Steel Company Limited maintains its headquarters in Maanshan, People's Republic of China.
Maanshan Iron & Steel Company Limited is most often compared with the following Basic Materials names: