Inner Mongolia BaoTou Steel traded at 2.19 this Tuesday August 16th, decreasing 0.03 or 1.35 percent since the previous trading session. Looking back, over the last four weeks, Inner Mongolia BaoTou Steel lost 1.39 percent. Over the last 12 months, its price fell by 17.05 percent. Looking ahead, we forecast Inner Mongolia BaoTou Steel to be priced at 2.14 by the end of this quarter and at 1.96 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Peers Price Day Year
China Steel 29.00 -0.15 -0.51% -20.00%
Inner Mongolia BaoTou Steel 2.19 -0.03 -1.35% -17.05%
Severstal 713.60 5.40 0.76% -59.06%
Companhia Siderurgica Nacional 16.01 0.08 0.50% -60.17%
Erdemir 27.76 -0.08 -0.29% 42.87%
Gerdau 24.42 -0.60 -2.40% -15.65%
Metalurgica Gerdau SA 10.13 -0.29 -2.78% -23.43%
JSW Steel Ltd 672.50 -5.70 -0.84% -9.64%
Kumba Iron Ore 46,603.00 1,886.00 4.22% -39.14%
Magnitogorsk Iron & Steel Works 27.10 0.09 0.31% -59.70%
Novolipetsk Steel 118.00 0.04 0.03% -52.94%
Usinas Siderurgicas de Minas Gerais SA - Usiminas 9.26 -0.02 -0.22% -51.29%

Indexes Price Day Year
SHANGHAI 50 2769 -13.41 -0.48% -12.08%
SHANGHAI 3278 1.80 0.05% -4.91%

Inner Mongolia BaoTou Steel
Inner Mongolia BaoTou Steel Union Co Ltd is a China-based company principally engaged in the development and utilization of mineral resources, and the production and sales of steel products. The Company's main products include mineral products such as rare earth concentrates and fluorite concentrates, and steel products such as construction steel, hot and cold rolled coils, galvanized steel plates, medium and heavy plates, seamless pipes, heavy rails and section steel. Its mineral products are mainly used in the rare earth smelting and separation industry and the fluorine chemical industry. Its steel products are mainly used in industries such as infrastructure, railways, real estate, automobiles, home appliances, wind power, machinery manufacturing, high-pressure boilers, petrochemicals and infrastructure construction. The Company distributes its products both in the domestic market and to overseas markets.