Paid Plans
Want to analyze multiple companies at once? Paid plans let you compare up to 5 stocks side by side.
Sign Up
C
000708
vs
S
Shanghai Composite
Over the past 12 months, CITIC Pacific Special Steel Group Co Ltd has underperformed Shanghai Composite, delivering a return of -4% compared to Shanghai Composite's 2% drop.
Stocks Performance
000708 vs Shanghai Composite
Performance Gap
000708 vs Shanghai Composite
Performance By Year
000708 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
CITIC Pacific Special Steel Group Co Ltd
Glance View
CITIC Pacific Special Steel Group makes special steel products used in demanding industrial jobs. It produces long steel, bars, wire rods, and other high-grade steel materials that go into machinery, energy equipment, automotive parts, shipbuilding, rail, and construction-related applications. The company sits in the middle of the steel value chain: it turns raw materials into steel grades that need tighter quality control and more processing than ordinary building steel. Its customers are mainly manufacturers and industrial users that need steel with specific strength, toughness, wear resistance, or heat resistance. The company sells through direct contracts and market channels, supplying steel mills, distributors, and large end users that need reliable material specifications and delivery. It also operates steel trading and related services that help move product to customers and manage demand across different industrial sectors. The business makes money by producing and selling steel products, with prices shaped by product mix, steel grades, and raw material costs. What makes its role distinct is that special steel is less of a commodity than standard steel, so customers care more about quality consistency, technical requirements, and fit for purpose. That gives the company a more specialized position than a generic steel producer, even though it still faces the usual ups and downs of the steel industry.