Chongqing Iron & Steel Co Ltd banner

Chongqing Iron & Steel Co Ltd
XMUN:CGP

Watchlist Manager
Chongqing Iron & Steel Co Ltd Logo
Chongqing Iron & Steel Co Ltd
XMUN:CGP
Watchlist
Price: 0.102 EUR Market Closed
Market Cap: €854.8m

Chongqing Iron & Steel Co Ltd
Investor Relations

Chongqing Iron & Steel Co Ltd is an integrated steel producer in China. It turns iron ore, scrap, and other raw materials into steel products used in construction, machinery, shipbuilding, energy projects, and general manufacturing. Its core business is making and selling bulk steel products such as plates, sheets, bars, and other rolled steel forms. The company sells mainly to industrial customers, steel distributors, and builders that need steady supplies of standard steel grades. It makes money by producing steel at its own mills and charging customers for the finished metal products. Like most steel makers, it also depends on the spread between raw material costs and the selling prices it can get for steel. What makes this business model important is that Chongqing Iron & Steel sits close to the center of the industrial supply chain. It is not a brand-driven consumer business; it is a heavy manufacturer that supplies the basic material other companies use to build infrastructure and equipment. That makes demand closely tied to the health of manufacturing and construction, while the company’s role is to convert raw inputs into usable steel products.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
No Earnings Calls Available

Management

Mr. Wenwang Meng
President & Non-Independent Director
No Bio Available
Mr. Shiqing Zhao
Senior Vice President
No Bio Available
Mr. Yunlong Kuang
SVP, CFO, General Counsel, Secretary & Executive Director
No Bio Available
Mr. Huxiang Wang
Executive Director
No Bio Available

Contacts

Address
CHONGQING
Chongqing
No. 2, Jiangnan Avenue, Jiangnan Street, Changshou District
Contacts
+862368873311.0
www.cqgt.cn
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett