太平洋钢铁日报：河北加快打造世界一流的现代化钢铁产业-2025-03-28

Investment Rating - The industry rating is Neutral for the following sub-sectors: General Steel, Other Steel, and Special Materials [3] Core Insights - The steel industry is experiencing an overall decline, with the Shanghai Composite Index down by 0.67%, Shenzhen Component Index down by 0.57%, and ChiNext Index down by 0.79% as of March 28, 2025 [3] - Hebei Province is accelerating the development of a world-class modern steel industry, aiming to achieve breakthroughs in 10 international leading technologies and develop 50 new products within the year [6] - The report highlights the performance of individual stocks, with the top three gainers being Hengxing Technology (+10.06%), Hangang Co., Ltd. (+6.10%), and Changbao Co., Ltd. (+4.73%) [4] Industry Data - Futures prices show slight declines: Rebar down by 0.28%, Wire Rod down by 0.26%, Hot Rolled Coil down by 0.12%, Iron Ore down by 0.19%, Coking Coal down by 1.06% [5] - Current prices for steel products are as follows: Iron Ore at 764.68 CNY/ton, Wire Rod at 3408.02 CNY/ton, Hot Rolled Coil at 3387.00 CNY/ton, Rebar at 3224.88 CNY/ton, Coking Coal at 1042.57 CNY/ton [5] - The Platts Index for Iron Ore shows 65% powder at 116.95, 58% powder at 88.9, and 62% powder at 104.55 [5] Company Announcements - Hebei Steel Group's Tangshan Steel has successfully produced over 1800 tons of high-end pipeline steel for a global refining project, meeting all performance indicators [8] - Benxi Steel Group achieved a production record in February, exceeding planned crude steel output by 17,000 tons [8]