The recent leadership transition at Baoshan Iron & Steel Co., Ltd. (Baosteel) has sparked renewed interest in the company’s governance stability and strategic direction. As China’s steel industry grapples with overcapacity, weak domestic demand, and global decarbonization pressures, Baosteel’s ability to align its leadership with long-term sustainability goals will be critical to its growth prospects. With Zou Jixin confirmed as the new chairman in August 2024, investors must assess whether this transition reinforces—or disrupts—the company’s trajectory toward net-zero emissions and operational resilience. Governance Stability: A Mixed PictureBaosteel’s leadership changes in 2024 initially appeared conflicting, with reports citing Dai Zhihao and…
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Image source: Getty Images Most UK investors have probably never heard of Reach (LSE: RCH) — a £226m media company on the FTSE All-Share with a 10% dividend yield. Yet many Britons have likely made use of its products. Reach is one of the UK’s largest newspaper groups, publishing 240 regional papers including the Daily Mirror, Sunday Mirror, Daily Express, Sunday Express, Daily Star and the magazine OK! It has also branched out overseas, becoming the UAE’s most influential marketing and talent agency. Founded back in 1903, it’s been around for 122 years and despite a turbulent history, remains an…
This week we’re joined by Ryan Russo, a former city transportation official in New York and Oakland who nows serves as the executive director of the National Association of City Transportation Officials (NACTO). Ryan shares with us more wisdom from the revised Urban Bikeway Design Guide and discusses the transformation of street systems and managing space for people and deliveries.Scroll past the audio player below for a partial edited transcript of the episode — or click here for a full, AI-generated (and typo-ridden) readout.Jeff Wood: What’s interesting to me to think about is also you have a lot of good plans for thinking about networks, right?…
Image source: Getty Images Building a Self-Invested Personal Pension (SIPP) worth £1m sounds like a dream, but it’s not beyond reach for patient investors who start early. A SIPP lets money grow free of tax, and with time and regular contributions, it can build into a life-changing sum. Let’s imagine a 35-year-old has just transferred £25,000 from legacy pensions or other savings into a new SIPP. They aim to stop working at 67, which gives them 32 years for their investments to compound. If their initial £25k grew at 8% a year, roughly the long-term average total return from the…
USA TodayIn the Global Race for Rare Earth Mineral Dominance, One Company Believes the US Already has Everything it Needs Right HereAmerican Resources Corporation has transformed the shuttered Thompson Electronics plant into a high-tech manufacturing hub tackling one of the most urgent….13 hours ago Source link
Image source: Getty Images Warren Buffett’s investment philosophy is famously grounded in simplicity and quality, but he doesn’t invest in UK stocks often. He looks for companies with durable economic advantages — moats — that protect their profits over time. According to Buffett, the ideal business earns strong returns on equity, operates through cycles with consistent profitability, and is run by trustworthy, capable management. He insists on reasonable valuation. Stocks should trade below or fairly near intrinsic value, providing a margin of safety. There are several ways to ascertain a company’s fair value, and Buffett will have his own formula.…
Japan MOF preparing to raise long-term rate estimate in FY2026 budget request, Yomiuri reports | 1450 AM 99.7 FM WHTC | Holland Close For the health and safety of everyone, our offices are temporarily closed to the public. If you have won a prize from us we will be mailing it to you or will contact you with specific information needed to redeem your prize. Feel free to call…
Since April 2022, the SMM survey sample for rebar production scheduling has been expanded to include 56 enterprises.According to the SMM survey data from 56 key steel-producing enterprises: The planned rebar production for August was 8.776 million mt, an increase of 114,700 mt compared to the actual production in July, representing a growth rate of 1.32%; The planned wire rod production for August was 3.4541 million mt, a decrease of 65,700 mt compared to the actual production in July, representing a decline rate of 1.87%. Chart1-2: Production Schedule for Rebar and Wire Rod at Steel Mill (56 Steel Mills) Data…
The Washington PostTrump covets rare earth riches, but Greenland plans to mine its own businessInterest in Greenland’s minerals is soaring, driven in part by Trump, who has said the U.S. must “get” the island. But the rare earths will be hard to mine..3 weeks ago Source link
Tsingshan’s $800 Million Investment in Zimbabwe Steel Plant: Strategic Expansion and Economic Impact In a significant development for Zimbabwe’s industrial sector, Chinese metals giant Tsingshan Holding Group has announced an $800 million investment to expand its Dinson Iron and Steel Company facility. This strategic move not only doubles the plant’s production capacity but also positions Zimbabwe to reduce its substantial steel import dependency while creating economic opportunities across multiple sectors. $800 Million Expansion Plan for Dinson Steel Plant Tsingshan Holding Group’s $800 million investment aims to dramatically increase production capacity at its Dinson Iron and Steel Company facility in central…