Zheng Quan Shi Bao Wang·2025-10-16 08:48Core Points - The Shanghai Composite Index rose by 0.10% on October 16, with seven industries experiencing gains, particularly coal and banking, which increased by 2.35% and 1.35% respectively [1] - The steel industry faced the largest decline, dropping by 2.14%, with a net outflow of 865 million yuan in main capital [1] - Among the 44 stocks in the steel sector, only 2 rose while 42 fell, including 1 stock that hit the daily limit down [1] Industry Summary - The steel industry saw a significant drop of 2.14%, with a total of 865 million yuan in net capital outflow [1] - The top three stocks with the highest net capital outflow were Baogang Group (-32.55 million yuan), Hesteel (-11.88 million yuan), and Wujin Stainless Steel (-4.80 million yuan) [1] - The stocks with net capital inflow included Hainan Mining (28.66 million yuan), Xianglou New Materials (28.07 million yuan), and New Steel (27.13 million yuan) [1][2] Stock Performance - The top decliners in the steel sector included: - Baogang Group: -1.44% with a turnover rate of 5.76% and a net outflow of -32.55 million yuan [1] - Hesteel: -5.70% with a turnover rate of 2.34% and a net outflow of -11.88 million yuan [1] - Wujin Stainless Steel: -10.03% with a turnover rate of 13.00% and a net outflow of -4.80 million yuan [1] - The only stock that experienced a gain in the steel sector was Hainan Mining, which rose by 2.05% with a net inflow of 28.66 million yuan [2]