Home Business Visibility of China Steel Structure’s orders until the fourth quarter of next year’s stock price storms the daily limit

Visibility of China Steel Structure’s orders until the fourth quarter of next year’s stock price storms the daily limit

by news dir

(Central News Agency reporter Cai Pengmin, Taipei 24th) Benefiting from the return of Taiwanese businessmen and the expansion of electronics factories, the steel structure market is in short supply, and the visibility of China’s steel structure orders will reach the fourth quarter of next year. Inspired by this, China Steel Structure’s stock price locked up the daily limit in early trading to 56.6 yuan.

Sinosteel currently has 212,000 tons of construction in progress, and the visibility of orders will be seen in the fourth quarter of next year. Observing various construction projects, the building construction tonnage reaches 154,000 metric tons, the factory building is about 15,000 metric tons, bridges and Other steel structures are about 43,000 metric tons.

China Steel Structure pointed out that the overall demand for the steel structure market this year is about 1.3 million to 1.4 million tons, but the supply of steel structure plants in Taiwan is about 1 million tons, and the market is in short supply.

Benefiting from the return of Taiwanese businessmen and the expansion of electronics factories, the demand for steel structures is booming, and steel structures are currently a seller’s market. Sinosteel estimates that the boom will last for 3 years, and as major semiconductor manufacturers actively expand their factories in Taiwan, the market is expected to continue to grow.

In the offshore wind power business section, China Steel Structure pointed out that in conjunction with the localization of the wind power industry and undertaking the underwater basic steel structure, it has completed the phased tasks of the Woxu Changhua case, totaling 10 sets.

China Steel Structure’s stock price performed strongly today. It went straight to the daily limit price of 56.6 yuan in early trading, writing a new swing high, and steadily standing at about 52.4 yuan on the 5th line, 52.5 yuan on the 10th line and 53.4 yuan on the monthly average. (Editor: Zhao Weilan) 1101124

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