Maanshan Iron & Steel (OTCMKTS:MAANF) Trading 1% Higher – Here’s What Happened

Shares of Maanshan Iron & Steel Company Limited (OTCMKTS:MAANFGet Free Report) rose 1% on Friday . The stock traded as high as $0.2124 and last traded at $0.2124. 200 shares were traded during trading, a decline of 91% from the average daily volume of 2,157 shares. The stock had previously closed at $0.2103.

Maanshan Iron & Steel Stock Up 1.0%

The firm has a fifty day moving average of $0.25 and a two-hundred day moving average of $0.29.

About Maanshan Iron & Steel

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Maanshan Iron & Steel Company Limited (OTCMKTS: MAANF), commonly known as Masteel, is a leading steel producer headquartered in Maanshan, Anhui Province, China. As a state-owned enterprise and a subsidiary of China Baowu Steel Group, the company focuses on integrated iron and steel operations, spanning from raw material procurement to finished steel products. Maanshan Iron & Steel serves a broad customer base across construction, automotive, machinery, and energy industries.

The company’s core business activities encompass ironmaking, steelmaking, and rolling, supported by in-house coke ovens and sinter plants.

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