Hong Kong Stocks Movement | Steel Stocks Plunge Across the Board as Export License Policy Takes Effect; Analysts Optimistic About Long-Term Supply-Demand Improvement

Stock News2025-12-16

Steel stocks experienced a broad decline in Hong Kong trading. As of press time, ANGANG STEEL (00347) dropped 3.72% to HK$1.81, MAANSHAN IRON (00323) fell 2.53% to HK$2.31, and CHONGQING IRON (01053) slid 2.52% to HK$1.16.

The sell-off followed an announcement by China's Commerce Ministry and Customs on December 12, revealing plans to implement export license management for certain steel products starting January 1, 2026. The new regulation covers 300 product categories, including select stainless steel and grain-oriented silicon steel products.

Dongxing Securities views this policy as marking a new phase in China's steel export management, potentially leading to structural optimization in exports. Changjiang Securities suggests the measure may create short-term export volatility, with potential supply-demand pressure in early 2026, but believes it will benefit the industry's long-term development.

Analysts note that the export license system could eventually curb raw material demand, particularly for iron ore which currently captures most industry profits. The policy may also accelerate the exit of low-end steel producers unable to meet export requirements, potentially improving overall industry supply-demand dynamics.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1148024681?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-16 13:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1148024681","market":"hk","top_or_hot":-1,"title":"Hong Kong Stocks Movement | Steel Stocks Plunge Across the Board as Export License Policy Takes Effect; Analysts Optimistic About Long-Term Supply-Demand Improvement","media":"Stock News","content":"<p>Steel stocks experienced a broad decline in Hong Kong trading. As of press time, ANGANG STEEL (00347) dropped 3.72% to HK$1.81, MAANSHAN IRON (00323) fell 2.53% to HK$2.31, and CHONGQING IRON (01053) slid 2.52% to HK$1.16.</p>\n<p>The sell-off followed an announcement by China's Commerce Ministry and Customs on December 12, revealing plans to implement export license management for certain steel products starting January 1, 2026. The new regulation covers 300 product categories, including select stainless steel and grain-oriented silicon steel products.</p>\n<p>Dongxing Securities views this policy as marking a new phase in China's steel export management, potentially leading to structural optimization in exports. Changjiang Securities suggests the measure may create short-term export volatility, with potential supply-demand pressure in early 2026, but believes it will benefit the industry's long-term development.</p>\n<p>Analysts note that the export license system could eventually curb raw material demand, particularly for iron ore which currently captures most industry profits. The policy may also accelerate the exit of low-end steel producers unable to meet export requirements, potentially improving overall industry supply-demand dynamics.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Movement | Steel Stocks Plunge Across the Board as Export License Policy Takes Effect; Analysts Optimistic About Long-Term Supply-Demand Improvement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Movement | Steel Stocks Plunge Across the Board as Export License Policy Takes Effect; Analysts Optimistic About Long-Term Supply-Demand Improvement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-12-16 13:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Steel stocks experienced a broad decline in Hong Kong trading. As of press time, ANGANG STEEL (00347) dropped 3.72% to HK$1.81, MAANSHAN IRON (00323) fell 2.53% to HK$2.31, and CHONGQING IRON (01053) slid 2.52% to HK$1.16.</p>\n<p>The sell-off followed an announcement by China's Commerce Ministry and Customs on December 12, revealing plans to implement export license management for certain steel products starting January 1, 2026. The new regulation covers 300 product categories, including select stainless steel and grain-oriented silicon steel products.</p>\n<p>Dongxing Securities views this policy as marking a new phase in China's steel export management, potentially leading to structural optimization in exports. Changjiang Securities suggests the measure may create short-term export volatility, with potential supply-demand pressure in early 2026, but believes it will benefit the industry's long-term development.</p>\n<p>Analysts note that the export license system could eventually curb raw material demand, particularly for iron ore which currently captures most industry profits. The policy may also accelerate the exit of low-end steel producers unable to meet export requirements, potentially improving overall industry supply-demand dynamics.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1225","symbol_name":"钢铁","start_time":0,"source_url":"","article_id":"1148024681","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148024681","pubTimestamp":1765863980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Steel stocks experienced a broad decline in Hong Kong trading. As of press time, ANGANG STEEL (00347) dropped 3.72% to HK$1.81, MAANSHAN IRON (00323) fell 2.53% to HK$2.31, and CHONGQING IRON (01053)...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1225":"钢铁","BK1505":"一带一路","01053":"重庆钢铁股份","BK1594":"碳中和概念股","BK1568":"钢铁金属股","00347":"鞍钢股份","00323":"马鞍山钢铁股份"},"translate_title":"港股动向|出口许可证政策生效钢铁股全线暴跌；分析师看好长期供需改善","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00347":1,"01053":1,"00323":1},"content_text":"Steel stocks experienced a broad decline in Hong Kong trading. As of press time, ANGANG STEEL (00347) dropped 3.72% to HK$1.81, MAANSHAN IRON (00323) fell 2.53% to HK$2.31, and CHONGQING IRON (01053) slid 2.52% to HK$1.16.\nThe sell-off followed an announcement by China's Commerce Ministry and Customs on December 12, revealing plans to implement export license management for certain steel products starting January 1, 2026. The new regulation covers 300 product categories, including select stainless steel and grain-oriented silicon steel products.\nDongxing Securities views this policy as marking a new phase in China's steel export management, potentially leading to structural optimization in exports. Changjiang Securities suggests the measure may create short-term export volatility, with potential supply-demand pressure in early 2026, but believes it will benefit the industry's long-term development.\nAnalysts note that the export license system could eventually curb raw material demand, particularly for iron ore which currently captures most industry profits. The policy may also accelerate the exit of low-end steel producers unable to meet export requirements, potentially improving overall industry supply-demand dynamics.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1148024681","isCrawlerRequest":true}