CHINA - Healthcare, Steel, Autos, Education, Research From Beijing

Scott Laprise/ 乐天虎

CHINA - Healthcare, Steel, Autos, Education

Equity Bottom-Up

Maanshan Iron & Steel H / Equity Bottom-Up

<ul><li>The last steel mill in Baoding was shut down on August 2017.</li><li>Bad news is they were able to sell their production capacity we will explain how.</li><li>The government has a policy to stop or rotate steel production.</li><li>Steel mills can return to full production and we will explain the issue.</li><li>Delong Holdings a Singapore listed stock has had a great run in 2017 despite forced to close its mill in Baoding.</li><li>We will explain our long term and short term views for steel stocks.</li></ul>

The last steel mill in Baoding was shut down on August 2017.Bad news is they were able to sell their production capacity we will explain how.The government has a policy to stop or rotate steel production.Steel mills can return to full production and we will explain the issue.Delong Holdings a Singapore listed stock has had a great run in 2017 despite forced to close its mill in Baoding.We will explain our long term and short term views for steel stocks.

Another Steel Mill Closed in China? – YES and NO