What is China Steel Corporation?
China Steel Corporation manufactures and sells steel products in Taiwan, Vietnam, Malaysia, China, India, and internationally.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
China Steel Corporation manufactures and sells steel products in Taiwan, Vietnam, Malaysia, China, India, and internationally. It offers steel plates primarily for use in construction structures, shipbuilding, bridge beams, oil country tabular goods, machine structures, pressure vessels, and in climate/corrosion-resistant steel plates; steel bars and wire rods for applications in general and machine structures, cold and hot forging, hard drawn steel wires, and welding electrodes; and hot-rolled coils and sheets that are used in automobile chassis, bridge beams, construction, road guardrails, steel pipes, pressure vessels, and landscaping. The company is listed on the PINK in USA, operating in the Basic Materials sector, with a market capitalisation of 11.38B, and a P/E ratio of 106.4x.
A short list of Steel names that are close enough in size to make side-by-side comparison useful.