Industry Revenues:

• Steel production: approx. 70%
• Automotive industry: approx. 15%
• Construction industry: approx. 10%
• Other: approx. 5%

TOP 3 Markets:

• China: approx. 60%
• Southeast Asia: approx. 20%
• Europe: approx. 10%

Maanshan Iron & Steel Company Limited generates the majority of its revenues from steel production, which is used in various sectors such as the automotive industry and construction. The Chinese market is the company's dominant sales market, followed by Southeast Asia and Europe. These markets are crucial for the growth and stability of the company as they have a high demand for steel products.

Production Sites:

• Maanshan, Anhui, China
• Hefei, Anhui, China

Maanshan Iron & Steel Company Limited mainly produces its products in China. The main production site is located in Maanshan, a city in the Anhui province. Additionally, the company operates other production facilities in Hefei, also in the Anhui province. These sites enable the company to efficiently respond to demand both domestically and internationally.

Strategy for Future Growth:

1. Diversification of Product Range: Maanshan Iron & Steel plans to expand its product range to offer specialized steel products for emerging industries such as renewable energy and electric vehicles.
2. Sustainability Initiatives: The company is investing in more environmentally friendly production processes to reduce CO2 emissions and meet the requirements of global climate policies.
3. Technological Innovation: Increased investment in research and development is aimed at improving the efficiency of production processes and enhancing the quality of products.

Maanshan Iron & Steel focuses on adapting to changing market conditions through diversification and innovation. Investments in sustainable technologies are intended not only to reduce environmental impact but also to save costs in the long term and increase competitiveness.

By expanding the product range, the company aims to tap into new markets and reduce its dependence on traditional steel markets.

Main raw materials: Iron ore, coal

Countries of origin for iron ore:

• Australia
• Brazil

Countries of origin for coal:

• Indonesia
• Russia

Maanshan Iron & Steel Company Limited mainly imports iron ore and coal, which are essential for steel production. Australia and Brazil are the leading exporters of iron ore, making them the main suppliers for Maanshan. These countries offer high-quality ore that is crucial for the efficiency of steel production.

For coal, used as an energy source and reducing agent in steel production, the company mainly sources its imports from Indonesia and Russia. These countries are known for their extensive coal reserves and their ability to deliver large quantities at competitive prices.

Market share in the steel industry: Estimated at 5% (2025)

Production capacity: Over 20 million tons of steel per year (2025)

Maanshan Iron & Steel Company Limited is one of the leading steel producers in China, giving it a significant competitive advantage in the industry. The market share of about 5% in the Chinese steel industry indicates that the company holds a strong position in the market.

The production capacity of over 20 million tons per year allows the company to benefit from economies of scale and reduce production costs. This is particularly important in the highly competitive steel industry, where cost leadership is a crucial factor.

Another competitive advantage lies in the strategic location of the production facilities, which enable efficient logistics and quick access to sources of raw materials. This helps minimize operating costs and shorten delivery times.

Institutional Investor Share: 45% (estimated for 2025)
Insider Buys/Sells: No significant transactions in the last year (estimated for 2025)

The institutional investor share in Maanshan Iron & Steel Company Limited is estimated to be 45%. This indicates that almost half of the shares are held by large institutional investors, suggesting a certain level of confidence in the company's stability and growth potential.

There were no significant insider buys or sells in the last year, indicating that the management and other insiders do not expect significant changes in their assessment of the company's value or future development. This can be interpreted as a sign of stability or a neutral market outlook.

Market share of Maanshan Iron & Steel Company Limited: Estimate 3-5% (2025)

Top competitors and their market shares:

1. Baowu Steel Group: Estimate 10-12%
2. HBIS Group: Estimate 8-10%
3. Nippon Steel Corporation: Estimate 7-9%
4. ArcelorMittal: Estimate 6-8%
5. POSCO: Estimate 5-7%
6. Jiangsu Shagang Group: Estimate 4-6%
7. Ansteel Group Corporation: Estimate 4-5%
8. Tata Steel: Estimate 3-4%
9. Maanshan Iron & Steel Company Limited: Estimate 3-5%
10. JFE Steel Corporation: Estimate 3-4%

Moat of Maanshan Iron & Steel Company Limited:

Maanshan Iron & Steel Company Limited has a limited moat compared to some of its larger competitors. The company's main advantage lies in its geographical location and proximity to sources of raw materials, which reduces logistics costs. Additionally, the company has an established presence in the Chinese market, which is one of the largest steel markets in the world.

In comparison, companies like Baowu Steel Group and Nippon Steel Corporation have stronger moats based on their size, global presence, and technological innovations. These companies can operate more efficiently through economies of scale and advanced production methods, and have better access to international markets.

Overall, Maanshan Iron & Steel has a certain advantage in regional market presence, but larger competitors are superior in terms of global reach and technological leadership.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Return on Equity (ROE): 7.8% (2024)

Maanshan Iron & Steel Company Limited recorded a revenue growth of 8.5% and a profit growth of 10.2% in 2024. These positive growth figures indicate that the company is able to continuously increase its revenue and profits, which is a good sign for potential investors.

The return on equity of 7.8% shows that the company is able to generate a reasonable profit from its equity. This is an indicator of the company's efficiency in using its capital to generate profits.

Additionally, the steel industry is known for its cyclicality, which means that economic conditions and demand for steel products can have a significant impact on the company's performance. Therefore, investors should also consider macroeconomic conditions and demand forecasts for steel products.

Overall, Maanshan Iron & Steel demonstrates solid financial performance, indicating a potentially good investment, provided that external market conditions remain favorable.

Dividend Yield: 4.2% (2025, estimated)
Dividend History: Regular payouts over the last five years

Maanshan Iron & Steel Company Limited has regularly distributed dividends in recent years, indicating a certain level of reliability. The estimated dividend yield of 4.2% for 2025 suggests that the company continues to strive to return a portion of its profits to shareholders.

The reliability of dividend payments is supported by the stable financial performance of the company, despite the steel industry being subject to cyclical fluctuations. However, investors should keep an eye on market conditions and commodity prices, as these factors can influence the company's future dividend-paying ability.