Baotailong New Materials vs NIPPON STEEL: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Baotailong New Materials Co Ltd (601011.CG)

Q3 202614 Jul – 8 Oct 2026

▲2▼1

Losses persist, but new mines and rising coke prices offer a path to recovery

First-half loss and weak interim results Baotailong swung to a net loss of 118 million yuan in H1 2026, with revenue down 10.9% and negative gross margin. Lower coal prices and output plus higher mining costs hurt profitability. This weak financial picture weighs on the stock price.
The loss is the main reason the stock is under pressure and directly answers why it is moving.
New mines boost self-supply and cut costs Baotailong's No. 2 and No. 3 mines (300,000 tons/year each) are now approved as formal mines. This increases self-supplied raw coal, reduces reliance on external purchases, and should lower costs over time, supporting future profits.
These mine approvals are new positive developments that improve the company's long-term cost structure.
Coke price hikes lift industry sentiment Major coke producers raised prices by 50-55 yuan per tonne in August, and national coal output fell 10.1% year-on-year. As a coke producer, Baotailong benefits from higher coke prices and a tighter coal supply, which could improve its revenue.
Rising coke prices directly affect Baotailong's product pricing and potential profitability.

August 202614 Jul – 8 Oct 2026

▲2▼1

Losses persist, but new mines and rising coke prices offer a path to recovery

First-half loss and weak interim results Baotailong swung to a net loss of 118 million yuan in H1 2026, with revenue down 10.9% and negative gross margin. Lower coal prices and output plus higher mining costs hurt profitability. This weak financial picture weighs on the stock price.
The loss is the main reason the stock is under pressure and directly answers why it is moving.
New mines boost self-supply and cut costs Baotailong's No. 2 and No. 3 mines (300,000 tons/year each) are now approved as formal mines. This increases self-supplied raw coal, reduces reliance on external purchases, and should lower costs over time, supporting future profits.
These mine approvals are new positive developments that improve the company's long-term cost structure.
Coke price hikes lift industry sentiment Major coke producers raised prices by 50-55 yuan per tonne in August, and national coal output fell 10.1% year-on-year. As a coke producer, Baotailong benefits from higher coke prices and a tighter coal supply, which could improve its revenue.
Rising coke prices directly affect Baotailong's product pricing and potential profitability.

Latest14 Jul – 8 Oct 2026

▲2▼1

Losses persist, but new mines and rising coke prices offer a path to recovery

First-half loss and weak interim results Baotailong swung to a net loss of 118 million yuan in H1 2026, with revenue down 10.9% and negative gross margin. Lower coal prices and output plus higher mining costs hurt profitability. This weak financial picture weighs on the stock price.
The loss is the main reason the stock is under pressure and directly answers why it is moving.
New mines boost self-supply and cut costs Baotailong's No. 2 and No. 3 mines (300,000 tons/year each) are now approved as formal mines. This increases self-supplied raw coal, reduces reliance on external purchases, and should lower costs over time, supporting future profits.
These mine approvals are new positive developments that improve the company's long-term cost structure.
Coke price hikes lift industry sentiment Major coke producers raised prices by 50-55 yuan per tonne in August, and national coal output fell 10.1% year-on-year. As a coke producer, Baotailong benefits from higher coke prices and a tighter coal supply, which could improve its revenue.
Rising coke prices directly affect Baotailong's product pricing and potential profitability.

NIPPON STEEL CORP. (5401.JP)

Q3 202624 Jul – 28 Aug 2026

▲3▼1

US Steel turnaround lifts profit forecast; Toyota price hike adds domestic boost

US Steel drives profit swing and forecast raise Nippon Steel swung to a 7.52 billion yen net profit in April–June, helped by US Steel, and raised its full-year net profit forecast by 70 billion yen to 290 billion yen. US Steel is now the group's top earner, with its operating profit outlook lifted to 180 billion yen or more. This directly boosts expected earnings and supports the share price.
This is the core new financial event that changes the company's earnings outlook and is the main reason the stock is moving.
Toyota agrees to first steel price hike in four years Toyota and Nippon Steel agreed to raise steel prices by about 12,000 yen per ton from October, the first increase in four years. Because Toyota's price deal sets a benchmark for other industries, this signals better domestic pricing power and higher revenue ahead, lifting profit expectations.
This is a new pricing event that directly improves Nippon Steel's domestic revenue and profitability outlook.
Defense Ministry buys former Kure steel site Nippon Steel signed a contract to sell its former Setouchi Works site in Kure, about 140 hectares, to Japan's Defense Ministry for a multi-purpose defense base. The land sale brings in cash and removes an idle asset, strengthening the balance sheet and funding other priorities.
This is a new asset sale that improves capital efficiency and provides a one-time cash inflow.
US tariffs remain a risk to US Steel investment Nippon Steel's chairman called new U.S. tariffs unreasonable and a major blow to global manufacturing, noting they affect the company's over 2 trillion yen investment in US Steel. While the tariffs are not new, they remain a real counterweight that could pressure US Steel's earnings and the overall profit recovery.
This is the main negative force that could offset the positive US Steel earnings story and is important for a fair picture.

August 202624 Jul – 28 Aug 2026

▲3▼1

US Steel turnaround lifts profit forecast; Toyota price hike adds domestic boost

US Steel drives profit swing and forecast raise Nippon Steel swung to a 7.52 billion yen net profit in April–June, helped by US Steel, and raised its full-year net profit forecast by 70 billion yen to 290 billion yen. US Steel is now the group's top earner, with its operating profit outlook lifted to 180 billion yen or more. This directly boosts expected earnings and supports the share price.
This is the core new financial event that changes the company's earnings outlook and is the main reason the stock is moving.
Toyota agrees to first steel price hike in four years Toyota and Nippon Steel agreed to raise steel prices by about 12,000 yen per ton from October, the first increase in four years. Because Toyota's price deal sets a benchmark for other industries, this signals better domestic pricing power and higher revenue ahead, lifting profit expectations.
This is a new pricing event that directly improves Nippon Steel's domestic revenue and profitability outlook.
Defense Ministry buys former Kure steel site Nippon Steel signed a contract to sell its former Setouchi Works site in Kure, about 140 hectares, to Japan's Defense Ministry for a multi-purpose defense base. The land sale brings in cash and removes an idle asset, strengthening the balance sheet and funding other priorities.
This is a new asset sale that improves capital efficiency and provides a one-time cash inflow.
US tariffs remain a risk to US Steel investment Nippon Steel's chairman called new U.S. tariffs unreasonable and a major blow to global manufacturing, noting they affect the company's over 2 trillion yen investment in US Steel. While the tariffs are not new, they remain a real counterweight that could pressure US Steel's earnings and the overall profit recovery.
This is the main negative force that could offset the positive US Steel earnings story and is important for a fair picture.

Latest24 Jul – 28 Aug 2026

▲3▼1

US Steel turnaround lifts profit forecast; Toyota price hike adds domestic boost

US Steel drives profit swing and forecast raise Nippon Steel swung to a 7.52 billion yen net profit in April–June, helped by US Steel, and raised its full-year net profit forecast by 70 billion yen to 290 billion yen. US Steel is now the group's top earner, with its operating profit outlook lifted to 180 billion yen or more. This directly boosts expected earnings and supports the share price.
This is the core new financial event that changes the company's earnings outlook and is the main reason the stock is moving.
Toyota agrees to first steel price hike in four years Toyota and Nippon Steel agreed to raise steel prices by about 12,000 yen per ton from October, the first increase in four years. Because Toyota's price deal sets a benchmark for other industries, this signals better domestic pricing power and higher revenue ahead, lifting profit expectations.
This is a new pricing event that directly improves Nippon Steel's domestic revenue and profitability outlook.
Defense Ministry buys former Kure steel site Nippon Steel signed a contract to sell its former Setouchi Works site in Kure, about 140 hectares, to Japan's Defense Ministry for a multi-purpose defense base. The land sale brings in cash and removes an idle asset, strengthening the balance sheet and funding other priorities.
This is a new asset sale that improves capital efficiency and provides a one-time cash inflow.
US tariffs remain a risk to US Steel investment Nippon Steel's chairman called new U.S. tariffs unreasonable and a major blow to global manufacturing, noting they affect the company's over 2 trillion yen investment in US Steel. While the tariffs are not new, they remain a real counterweight that could pressure US Steel's earnings and the overall profit recovery.
This is the main negative force that could offset the positive US Steel earnings story and is important for a fair picture.