Group 1 - Steel stocks experienced a widespread decline, with Angang Steel (000898) down 3.72% to HKD 1.81, Maanshan Steel (00323) down 2.53% to HKD 2.31, and Chongqing Steel (601005) down 2.52% to HKD 1.16 [1] - On December 12, the Ministry of Commerce and the General Administration of Customs announced the implementation of export license management for certain steel products, effective from January 1, 2026. The list includes 300 products, covering some stainless steel and oriented silicon steel [1] - Dongfang Securities indicated that this new policy marks a new phase in domestic steel export management, potentially leading to an optimization and upgrade of the export structure [1] - Changjiang Securities noted that the implementation of export license management may create a short-term export pulse, putting pressure on supply and demand in early next year, but is expected to benefit the industry's development in the medium to long term [1] - In the long term, the export license management is likely to suppress raw material demand, particularly for iron ore, which has captured a significant portion of the industry's profits. Additionally, low-end steel companies unable to adapt to post-export conditions may face elimination, leading to an improvement in supply and demand within the steel industry [1]
钢铁股全线下跌 钢铁实施出口许可证管理 机构看好长期行业供需迎来好转
Zhi Tong Cai Jing·2025-12-16 05:48