Jiangsu Shagang Hits Day High with Strong 3.24% Intraday Surge

Jiangsu Shagang Co., a prominent player in the ferrous metals industry, has shown significant activity today, gaining 3.24% on February 25, 2026. The stock reached an intraday high of CNY 5.84, marking a notable performance against the backdrop of the China Shanghai Composite, which declined by 1.26% on the same day. Over the past week, Jiangsu Shagang has outperformed the broader market with a 4.95% increase, while the composite index saw a modest rise of 0.41%. However, the company's performance over the past month reflects a decline of 8.32%, contrasting with the composite's slight drop of 1.37%. Despite a challenging year, where Jiangsu Shagang's stock has underperformed with a return of -26.54%, the company has reported positive developments, including a significant increase in net profit and a notable reduction in raw material costs. With a market capitalization of CNY 12,049 million, Jiangsu Shagang maintains a price-to-book ratio of 1.83 and a dividend yield of 0.92%, indicating a stable financial position within the large-cap sector.