1053 Share Price

Open 2.37 Change Price %
High 2.37 1 Day 0.00 0.00
Low 2.31 1 Week -0.13 -5.24
Close 2.35 1 Month -0.13 -5.24
Volume 1094000 1 Year 1.16 97.48
52 Week High 2.63
52 Week Low 0.81
1053 Important Levels
Resistance 2 2.41
Resistance 1 2.38
Pivot 2.34
Support 1 2.32
Support 2 2.29
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Chongqing Iron And Steel (HKG: 1053)

1053 Technical Analysis 2
As on 8th Dec 2016 1053 Share Price closed @ 2.35 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 1.67 & Sell for SHORT-TERM with Stoploss of 2.44 we also expect STOCK to react on Following IMPORTANT LEVELS.
1053 Target for December
1st Target up-side 2.65
2nd Target up-side 2.78
3rd Target up-side 2.9
1st Target down-side 2.29
2nd Target down-side 2.16
3rd Target down-side 2.04
1053 Other Details
Segment EQ
Market Capital 0.00
Sector Basic Materials
Industry Steel & Iron
Offical website http://www.cqgt.cn
1053 Address
1053
No. 1 Gangcheng Avenue
Changshou Economic Development Zone
Chongqing, 401258
China
1053 Latest News
Chinese steel climbing again as capacity cuts advance   Nikkei Asian Review   - 23rd Aug 16
Earnings fall betrays shaky state of China's economy   Financial Times   - 01st Jun 16
Global Steel Industry Facing `Ice Age,' Top China Mill Warns   Bloomberg   - 31st Mar 16
Iron Ore Price Spikes A Record 19 Percent On China Stimulus Hopes   The Inquisitr   - 08th Mar 16
Slower Economy a Crucible for Nation's Steel Industry   Caixin Media   - 16th Feb 16
Steel Firm Subsidies 'Get In Way of Efforts to Trim Overcapacity'   Caixin Media   - 28th Dec 15
POSCO in Quandary over Whether to Export FINEX Tech   BusinessKorea   - 04th Nov 15
POSCO Accelerates Technology Export   BusinessKorea   - 22nd Oct 15
POSCO to Export Advanced FINEX Tech   BusinessKorea   - 16th Sep 15
Steel industry on subsidy life-support as China economy slows   Reuters   - 19th Sep 14
Interactive Technical Analysis Chart Chongqing Iron And Steel ( 1053 HKG HongKong )
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1053 Business Profile
Chongqing Iron and Steel Company Limited, through its subsidiaries, produces and sells medium-gauge steel plates, steel billets, steel sections, wire rods, and coking by-products primarily in the People’s Republic of China. The company operates in three segments: Iron and Steel, Electronic Construction, and Installation and Logistics. Its products include steel plates for shipbuilding; pressure vessel plates; plates for boilers; and steel plates for building bridges. The company also provides low-alloy steel plates for use in the manufacture of mine machinery, engineering machinery, and heavy vehicles; normal carbon structural plates for use in the machinery, construction, and transportation industries; hot rolled coils for use in shipbuilding, automobile, and engineering machinery manufacturing industries; steel sections for use in machinery manufacturing, construction, shipbuilding, mine exploration, and transportation industries; and high speed wire rods for construction and wire rod product industries. In addition, it offers cold rolled thin plates for use in automobile, motorcycle, security doors, and steel-structured factory premises; and steel billets to other steel producers. Further, the company is involved in the maintenance and repair of elevators; development, production, and sale of computer software and software for electronic products; and provision of technical services. Additionally, it offers ordinary freight, hazardous goods transportation, chartered bus transportation, and vehicle maintenance and repair services; and cargo handling, lighterage, storage agency, loading distribution, ordinary freight services, etc. Chongqing Iron and Steel Company also sells metal and metallic ores; and manufactures and sells environmental pollution control equipment. The company was founded in 1997 and is based in Chongqing, the People’s Republic of China. Chongqing Iron and Steel Company Limited is subsidiary of Chongqing Iron & Steel Group Company Limited.