Inner Mongolia BaoTou Steel traded at 2.25 this Wednesday August 5th, increasing 0.02 or 0.90 percent since the previous trading session. Looking back, over the last four weeks, Inner Mongolia BaoTou Steel gained 2.27 percent. Over the last 12 months, its price fell by 11.07 percent. Looking ahead, we forecast Inner Mongolia BaoTou Steel to be priced at 2.18 by the end of this quarter and at 2.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
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.