"blockbuster metal industry conferences are packed with bosses.
"[overnight market] many metals are green, Shanghai zinc, Shanghai nickel is down more than 2%, iron ore weighs more than 1,000 yuan, gold and silver fluctuates and falls.
"[macro outlook] focus on China's March trade account and the March CPI annual rate of the United States
Yesterday, most of the metals in the outer plate were green, Lunchen copper fell nearly 0.6%, Len aluminum rose nearly 0.2%, Lunzn zinc fell nearly 2.5%, Lenny fell nearly 2.7%, Lunxi fell nearly 0.5%, Lunn lead rose nearly 0.1%, and Luntu copper fell on Monday. China, a major consumer of metals, wants to curb the surge in commodity prices to prevent potential inflation. Concerns about falling demand and rising copper stocks also weighed on the market. Domestically, international copper, Shanghai copper and Shanghai aluminum fell nearly 0.2%, Shanghai lead fell nearly 0.4%, Shanghai zinc fell nearly 2.1%, Shanghai nickel fell nearly 2%, and Shanghai tin fell nearly 0.8%.
The dollar hovered at a nearly two-and-a-half-week low on Monday as falling bond yields held back the dollar. Yields on the dollar and Treasuries took a breather after hitting multi-month highs at the end of last month. Previous bets that the US would accelerate its recovery from the epidemic would cause inflation to rise faster than Fed policy makers had expected, encouraging yields on the dollar and Treasuries to rise. Investors have been partly reassured by the Fed's insistence that short-term price pressures will be temporary.
U. S. stocks closed slightly lower on Monday. Before the release of corporate earnings and some important data, the market was light. Powell reiterated his easy money position on Sunday, but warned that the main risk of economic recovery would be the resurgence of the novel coronavirus epidemic. The last $1.9 trillion stimulus package boosted the federal budget deficit by 454 per cent in March from a year earlier. The market is worried that Biden's huge new infrastructure plan could trigger high inflation. The Dow fell 55.20 points, or 0.16%, to 33745.40; the Nasdaq fell 50.19 points, or 0.36%, to 13850.00; and the S & P 500 fell 0.81, or 0.02%, to 4127.99.
On Monday, the Shanghai Composite Index fell 1.09% to 3412.95 points, with a turnover of 338.89 billion. The Shenzhen Composite Index closed at 13495.72 points, down 2.3%, with a turnover of 436.821 billion. The gem index closed at 2719.95 points, down 2.28%, with a turnover of 144.204 billion. The total turnover of the two cities is 775.712 billion. On the disk, Hainan, iron and steel, electric power and other plates led the increase, while organosilicon, phosphorus chemical, paper and other plates led the decline.
LME inventory
Macro focus
[controlling the "precise drip irrigation" of housing-related loans has become the key word for bank credit this year. The central bank and other five departments recently decided to further extend the policy of deferred principal and interest repayment and credit loan support for inclusive small and micro enterprises until the end of 2021, which means further strengthening the financing support policy for small and micro enterprises. Since the beginning of this year, regulators have repeatedly stressed that more financial resources should be leveraged towards green and low-carbon industries, and the proportion of manufacturing loans should be increased. There are signs that manufacturing, green finance and small and micro enterprises will become the focus of credit support this year. Recently, a number of senior executives of listed banks have indicated that they will increase credit support to the real economy, adhere to "housing speculation", and strengthen the control of real estate loans.
[Ministry of Industry and Information Technology: Xiao Yaqing presided over the 2021 inter-ministerial joint meeting of the State Council on reducing the burden on enterprises] the 2021 inter-ministerial joint meeting of the State Council on reducing the burden on enterprises was held in Beijing today. The meeting demanded that all units should strengthen their responsibilities, cooperate closely, and do a good job in all key tasks in a down-to-earth manner. It is necessary to continue to implement the policy of reducing taxes and fees in detail to ensure that policy dividends are not reduced and that enterprises do not feel reduced. It is necessary to speed up and improve the long-term mechanism for preventing and resolving arrears and effectively protect the legitimate rights and interests of small and medium-sized enterprises. It is necessary to strengthen the rectification of key areas and resolutely curb acts that increase the burden on enterprises. It is necessary to deepen the reform of "management and service" and continue to improve the business environment.
[federal Reserve: us consumer inflation expectations hit a nearly seven-year high in March] New York Fed: us consumer inflation expectations rose to 4.8% in March, the highest level since mid-2014. Inflation expectations over the next three years rose 0.1 percentage points to 3.1 per cent, also the highest since mid-2014. The growth rate of consumer household spending is expected to rise to 4.73% in March, the third month in a row and the highest since December 2014.
[Moody's: the US economy will outperform other developed markets this year] the US economy is expected to outperform other developed markets, including the euro zone, this year. Moody's said that in the next two years, due to cyclical factors, especially interest rate spreads with major developed economies, money will flow into US dollar assets. Global financial conditions are expected to remain loose. As major central banks such as the Federal Reserve and the European Central Bank will keep policy interest rates unchanged and continue to buy assets, the US economic growth strength should have spillover effects on other economies, especially emerging market countries. But it will also inevitably push up US interest rates and open up financial markets to the outside world. Emerging market countries are entering a period when monetary policy is being sawed in the opposite direction.
Today's focus
[recycled Copper Daily Review on April 12: copper prices have dropped greatly, but the supply of recycled copper is good] Guangdong bright copper tax-free cash withholding price of 59300-59600 yuan / ton, down 500 yuan / ton compared with the previous trading day, and the price difference of fine waste was 1656 yuan / ton. narrowed by 567 yuan. According to SMM, although copper prices have fallen sharply, recycled copper suppliers are willing to ship goods well, but recycled copper does not fall much, the overall price is high, it is not difficult for manufacturers to purchase, and trading in the recycled copper market is relatively active today. "View details
[approval for expansion of Auginish Alumina, Europe's largest alumina refinery], Aughinish Alumina, the largest alumina refinery in Europe and the main alumina asset of Rusal, has been approved for the expansion of a large plant near Foynes, Limerick County. Rusal's Aughinish alumina refinery hopes to expand the height of its large bauxite slag disposal site, (BRDA), which covers an area of 183ha. It claims that the increased height will provide an additional nine years of capacity to store bauxite residues in the plant. "View details
[SMM data: domestic electrolytic aluminum inventory dropped 21000 tons to 1.207 million tons compared with last Thursday.] on April 12, SMM counted domestic electrolytic aluminum social inventory of 1.207 million tons, 21000 tons more than the previous Thursday. Nanhai and Gongyi areas went to the warehouse, but there was little change in other areas. "View details
[aluminum price weakens, scrap aluminum price Synchronize falls] due to the recent slight correction in aluminum prices, scrap aluminum holders worried that the subsequent aluminum prices will continue to weaken, the shipping price Synchronize fell 100 yuan / ton today. However, from the feedback of the transaction, the current transaction is still more active. "View details
[aluminum bar spot daily review: processing fees rebounded strong market overall transaction is OK] Today (April 12) domestic aluminum bar mainstream market processing fees rebounded, the price center of gravity moved 10-70 yuan / ton. Today, aluminum base prices have fallen, and processing fees have been raised by consignors in most areas, including a slight increase of 10-30 yuan / ton in Wuxi, which is less than expected and less active than the South China market. The center of gravity of aluminum bar processing fees in South China has moved up to 40 yuan / ton. Downstream delivery enthusiasm is higher, according to the market response to a good deal. "View details
According to SMM, as of Monday, the total inventory of lead ingots in the five places reached 61000 tons, up 3700 tons from last Friday and 4900 tons from Tuesday. [SMM research: lead ingots are arriving at the warehouse one after another.] according to SMM, as of Monday, the total inventory of lead ingots in the five places reached 61000 tons, up 3700 tons from last Friday and 4900 tons from Tuesday. "View details
[SMM data: SMM seven zinc ingots social inventory increased by 3800 tons compared with last Friday] according to SMM, as of Monday, the total inventory of SMM seven zinc ingots was 232600 tons, an increase of 3800 tons over last Friday and 4200 tons over last Tuesday. "View details
[SMM summary review: stainless steel fell more than 3% to Wansi pass output ranked high in the future price pressure] stainless steel contracts fell sharply, on the one hand, affected by the general decline in commodities on the one hand; On the other hand, the spot price of stainless steel is stable mainly because there are not many spot resources at present, and the less volume of some specifications makes the price firm, but after the arrival of the market in the later stage, it may form pressure on the price trend, and the output of stainless steel discharge is high, and the market view on the late trend is weak. "View details
[SMM Daily Review: Port Silicon prices fell] Today (4) Port Silicon prices continued to weaken. The price of oxygen-free silicon in Huangpu Port is around 12100 yuan / ton, and that of 42O silicon is 14100-14200 yuan / ton. Silicon prices have been falling for many days, and the market is full of pessimism. Most silicon factories think that high material costs complain about the fall in silicon prices, but the overall market turnover is light and traders are willing to be weak. Some silicon factories can only adapt to the downward trend and lower prices. Silicon prices downstream procurement is still dominated by rigid demand. "View details
[SMM Daily Review: rare earth market quotations are stable dysprosium oxide is relatively strong] on Monday morning, rare earth spot market quotations were mainly stable, little changed from last week. Praseodymium-neodymium oxide rebounded slightly, separation plants take the initiative to report for shipment is not high, metal factories and magnetic materials factories wait-and-see mood is strong. "View details
[daily Review of Iron Ore Market] blast furnace maintenance data tracked by SMM show that domestic blast furnace overhaul affected pig iron production dropped by 15.4% to 505000 tons month-on-month this week, and hot metal production is expected to continue to increase this week; coupled with the accumulation of imported ore port depots for 5 consecutive weeks, there is some support for imported ore spot prices. In addition, under the driving force of high profits, steel mills' demand for medium-and high-grade ore continues to improve. "View details
[SMM comment: platinum-palladium price gap may narrow during platinum-palladium substitution] at the beginning of this year, there were rumors in the market that by the end of the first quarter of this year, that is, before the end of the traditional fiscal year for many automobile manufacturers and catalyst manufacturers, there will be a round of reform measures to replace platinum and palladium for automotive catalysts. Public discussions among carmakers and catalyst makers have focused on replacing platinum with palladium on catalysts for models already on sale. "View details
[SMM magnesium ingot spot KuaiBao: magnesium market quotation uplink] Today, the mainstream price of 90 magnesium ingot factory in Fugu area is 15600-15700 yuan / ton, the mainstream ex-factory price of 95B magnesium ingot is 15900-16100 yuan / ton; the mainstream transaction price of Wenxi area is 15900-16100 yuan / ton, and the mainstream transaction price of 95B magnesium ingot is 16300-16500 yuan / ton; the overall market quotation is 100 yuan / ton higher than last Friday. As the spot transaction price of general goods has risen to 15600 yuan / ton over the weekend, today's quotation is generally more than 15600 yuan / ton, market turnover. "View details
[SMM analysis: battery companies' overseas layout accelerates supporting materials companies to enter Europe is still beset with difficulties] sales of new energy vehicles in Europe rose sharply in March. Sales in the six major countries (Germany, France, the UK, Sweden, Italy and Norway) were 176000, up 19 per cent year-on-year and 80 per cent month-on-month. Domestic power battery companies follow the trend of electric vehicles in Europe and plan to build factories in Europe one after another. While battery companies set up factories in Europe in large quantities, supporting materials enterprises also have plans to enter the European market. However, Chinese cathode materials companies carefully layout the European market. "View details
[SMM Electrolytic Manganese Daily Review: high manganese prices drop slightly in the middle of the month] the spot factory price including tax in the mainstream area of the manganese triangle is around 16600-16800 yuan / ton, which is 50% lower than the average price last Friday; the spot factory price including tax in Guangxi is around 16700-16900 yuan / ton, which is stable compared with last Friday's market price. "View details
[China Iron and Steel Association: the news that departments such as the Iron and Steel Association will hold a meeting to discuss curbing the rise in iron ore prices is not true] it has been learned from the China Iron and Steel Association that in response to reports that departments such as the Iron and Steel Association will hold a symposium on iron ore market research on April 13, the main content is to discuss how to curb the rise in iron ore prices. After communicating with the relevant business departments of the Association, the meeting is mainly to cooperate with relevant departments to investigate and understand the market situation, not to discuss the issue of restraining mineral prices as mentioned in the report. The content of the message is not true. "View details
[Ningde, Fujian Province plans to build the world's largest and most competitive stainless steel industrial base] on April 7, Ningde City, Fujian Province, officially released the "Economic Development Plan of the Bay area around Sandu'ao", which mentioned expanding the four leading industrial chains, focusing on the four leading industries such as stainless steel new materials, taking the leading enterprises as the leading enterprises and relying on cooperation and supporting facilities to promote the inter-regional transfer and agglomeration of industries and the linkage between upstream and downstream. To create an influential industrial base of advanced structural materials. "View details
SMM Hot Rolling scheduling report: production restriction, export tax rebate VS high profits and high demand can the domestic and foreign trade supply of steel mills be improved in April? According to SMM's latest tracking, the planned hot-rolled commodity production of 35 mainstream hot-rolled steel mills surveyed totaled 10.0626 million tons in April, an increase of 227600 tons over March's actual hot-rolled commodity output and 2.3% month-on-month growth. "View details
[SMM thread scheduling: rebar production increment space narrow April steel mill production plan + 0.23%] according to SMM research, blast furnace steel mills mainly producing building materials produced 8.1294 million tons of thread in April, an increase of 0.13% compared with March, and reel production of 2.777 million tons, down 0.23% from the previous month. Driven by high interest, the steel mills have a strong willingness to produce, and the planned output of threads increased slightly in April. Due to the overhaul of some steel mills, the output of reel decreased. Under the continuous disturbance of environmental production restrictions, the output may have reached the peak of the year. "View details
Important news of metals and industry
[Rio Tinto and Turquoise Hill reach agreement on Oyu Tolgoi copper project, which is expected to be one of the largest copper mines in the world] Rio Tinto (Rio Tinto) and turquoise Mountain Resources (Turquoise Hill Resources (TRQ)) have reached a binding agreement involving a $2.3 billion financing plan to complete the underground works of Oyu Tolgoi in Mongolia. Bold Baatar, chief executive of Rio Tinto Copper, said the agreement with TRQ was an important milestone in Oyu Tolgoi's continued development., Oyu Tolgoi is expected to become one of the largest copper mines in the world and has made an important contribution to the Mongolian economy for many years. "View details
[BOC International expects copper use in China's electric vehicle industry to increase fivefold by 2025] Fu Xiao, head of international commodity strategy at Bank of China, said copper use in China's electric vehicle market is expected to increase fivefold over the next five years. Each electric vehicle will use about 80 kilograms of copper, while charging stations will use an average of 6.8 kilograms. Copper consumption of electric vehicles and charging stations will be about 540000 tons by 2025, five times the level of last year, rising to 1 million tons by 2030 and expected to increase to 1.3 million tons by 2035.
[Yunnan Copper Industry: operating income 88.239 billion yuan, an increase of 39.42% over the same period last year] at the end of 2020, the company's total assets were 39.838 billion yuan, net assets were 11.776 billion yuan, and asset-liability ratio was 70.44%. The operating income was 88.239 billion yuan, an increase of 39.42% over the same period last year, and the total profit was 1.072 billion yuan, down 7.68% from the same period last year. The net profit belonging to the parent company was 380 million yuan, down 43.33% from the same period last year, and the net profit after deducting non-recurrent profits and losses was 560 million yuan, down 2.95% from the same period last year.
[Jiaozuo Wanfang expects net profit to grow by 126% in the first quarter of 2021] Jiaozuo Wanfang recently issued a forecast for the first quarter of 2021, which is expected to rise in the same direction. During the reporting period, the net profit attributable to shareholders of listed companies was 190 million yuan to 210 million yuan, an increase of 126% and 150% over the same period last year. "View details
[Mingtai Aluminium: first quarter net profit is expected to increase by 164.46% copyright 180.99% over the same period last year] Mingtai Aluminum announced that the company expects to achieve a net profit of 320 million yuan to 340 million yuan attributable to shareholders of listed companies in the first quarter of 2021, an increase of 199 million yuan to 219 million yuan over the same period last year, an increase of 164.46% to 180.99%. "View details
[Shenhuo is expected to make a net profit of 580 million yuan in the first quarter, mainly due to a big increase in the profit of electrolytic aluminum business] Henan Shenhuo Coal Power Co., Ltd. recently announced a pre-increase in the first quarter of 2021, during the reporting period, the company's net profit belonging to shareholders of listed companies is expected to be 580 million yuan, an increase of 541 million yuan over the same period last year (before restatement) profit of 39.3095 million yuan, an increase of 1375.47%. "View details
[Nanshan Aluminum successfully developed rare earth aluminum alloy tube] recently, Shandong Nanshan Aluminum Co., Ltd. successfully produced rare earth aluminum alloy 6063A pipe, marking the company's independent trial production of rare earth aluminum alloy tube has made a breakthrough. "View details
[Li Hongwei: China's recycled aluminum production is expected to exceed 17 million tons in 2030] Li Hongwei, assistant president of Guangdong Huajin Metal Aluminum Group, believes that there is still great potential for the growth of recycled aluminum in China. Domestic recycling accounts for a growing proportion in the next 10 years. 2025 is a node of the carbon peak of the aluminum industry. After that, the output of electrolytic aluminum will not increase, and recycled aluminum will replace the insufficient part of electrolytic aluminum. As more and more terminal consumer goods containing aluminum reach their service life, there will be a rapid growth period of waste aluminum recycling in the future. the output growth rate of recycled aluminum will exceed that of electrolytic aluminum, which is expected to exceed 10 million tons in 2024 and 17 million tons in 2030.
[zinc shares: 2021 first quarter net profit is expected to rise 114.97% 133.94% mainly due to work to return to normal after the epidemic] on April 9, Huludao Zinc Co., Ltd. disclosed its forecast for the first quarter of 2021. According to the forecast, zinc shares are expected to make a profit of about 34 million yuan to 37 million yuan in the first quarter of 2021, up 114.97% 133.94% from the same period last year.
[Anning Iron and Titanium: the low profit in the second half of the year is due to the good market of the production line overhaul at the end of the year] the company sold 280000 tons of titanium concentrate in the first half of the year and 270000 tons in the second half of the year. on the basis of the sharp rise in prices, the low profit in the second half of the year is due to the maintenance of the production line at the end of the year. After the completion of the technical transformation and expansion project of Panjiatian Iron Mine, the company's mining capacity will reach 9 million tons / year.
[gold molybdenum shares: total revenue 7.5769273 billion yuan] during the reporting period, the company achieved total operating income of 7.5769273 billion yuan, achieving 101% of the annual business plan target, a decrease of 1.5745519 billion yuan, or 17.21%, compared with the same period last year; the total profit was 305.6245 million yuan, down 479.7229 million yuan, or 61.08%; and the net profit belonging to the shareholders of the parent company was 182.0107 million yuan, down 386.9168 million yuan from the same period last year, or 68.01%.
[Canadian Manganese: focuses on the Woodstock manganese project with an estimated deposit of 44.77 million tons] Mineral developer Canadian Manganese Company (CMC) recently announced an agreement with Maximos Metals as part of its vision to create a new technology metals company. Maximos has nickel and cobalt interests in Labrador, while CMC owns the Woodstock manganese mine in New Brunswick. The new technology metals company's near-term focus will be on the Woodstock manganese project, located in the near-surface manganese deposit near Plymouth carbonate rock, which has an inferred resource of 44.77 million tonnes and a manganese grade of 9.85 per cent. "View details
[Zhongtai Securities: Jinli permanent Magnet Express growth of low-cost rare earth permanent magnet leader] the company has high growth and is rated as "overweight". Assuming that the production of NdFeB magnetic blank in 2021, 2022, and 2023 is respectively 14000, 18000, 23000 tons, the company's net profit in 2021, 2022, is expected to be 3.91,5.77 and 791 million yuan respectively, with a market capitalization of 15.7 billion as of April 8, 2021, corresponding to a PE of 4027x20X from 2021 to 2023, giving the company a "overweight" rating. "View details
[Oriental Tantalum Industry: business income of 676.44 million yuan in 2020 increased by 12.54%] in 2020, the company realized operating income of 676.44 million yuan, an increase of 75.37 million yuan, or 12.54%, over the same period last year; and operating costs of 553.17 million yuan, an increase of 40.01 million yuan, or 7.80%. The company's total assets were 1.52436 billion yuan, a decrease of 120.88 million yuan, or 7.35%, compared with the same period last year; and liabilities were 304.66 million yuan, a decrease of 167.12 million yuan, or 35.42%, compared with the same period last year. "View details
[Oriental Zirconium Industry: achieving a 62.8% increase in operating income of 767.8026 million yuan over the same period last year] during the reporting period, the company's production and operation were normal, with an operating income of 767.8026 million yuan, up 62.8% from the same period last year. In terms of new products, the company achieved a breakthrough in sales of high-purity ultra-fine zirconia products as an additive for the cathode material of new energy batteries during the reporting period, increasing from more than 100 tons of annual sales to more than 400 tons, and is expected to achieve stable growth in the future. "View details
[Zhangyuan tungsten industry: the company's operating profit in 2020 is 43.7937 million yuan] the company's operating profit is 43.7937 million yuan, the total profit is 36.3669 million yuan, and the net profit belonging to the shareholders of the listed company is 37.1543 million yuan. The main reason is that the sales gross profit increased compared with the previous year, and the tax and additional, sales expenses, management expenses and R & D expenses all decreased to a certain extent compared with the previous year. Due to the decrease in impairment losses of assets such as receivables, fixed assets and inventories compared with the previous year. "View details
[Jinchuan Group: fully automatic production of the largest intelligent nickel packaging production line in the country] recently, the unmanned crane system for the transportation process in the intelligent workshop of the nickel smelter, the first intelligent workshop of the Jinchuan Group, has been officially launched, and for the first time it has been running continuously for 24 hours, shipping 1470 tons of nickel products. This marks the realization of mechanization, automation and informationization of the whole production line of the largest intelligent nickel packaging workshop in the country. "View details
[Jianlong Group will jointly develop Cuihongshan Iron Polymetallic Mine with Lanqin Group] on April 7, Heilongjiang Jianlong Mining Group, a subsidiary of Jianlong Group, signed a cooperation agreement with Longqin Group in Heihe City, Heilongjiang Province. the two sides will jointly devote themselves to the resource integration and development of Cuihongshan iron polymetallic deposit. The mining area is located in the hinterland of Xiaoxinganling forest area, Xunke County, Heihe City, Heilongjiang Province. The total amount of iron polymetallic deposits in the mining area is more than 250 million tons. "View details
[Xinxing cast pipe annual report: net profit in 2020 increased by 21% compared with the same period last year.] Xinxing cast pipe released its annual report, with operating income of 42.961 billion yuan in 2020, an increase of 5.07% over the same period last year, net profit of 1.812 billion yuan, an increase of 21.06% over the same period last year, and basic earnings per share of 0.4541 yuan. It is proposed to pay a cash dividend of 1.5 yuan (including tax) for every 10 shares.
[Maximus resources to raise $1.5 million to accelerate exploration of nickel and gold projects] it is reported that, Maximus Resources Ltd has received strong support, raising about $1.5 million by placing 18273545 fully paid common shares to institutions and existing shareholders. The funds raised through the supported placement will enable the company to accelerate its nickel exploration program on its high priority targets in the Spargoville mine and enable it to continue resource growth in the Wattle Dam Gold project. The placement funds raised will also be used to complete the research required for the mining approval of the company's Larkinville and Eagles Nest deposits. "View details
[rising costs, strong demand for titanium dioxide enterprises huddled together to raise prices] since April, a number of titanium dioxide companies, such as China Nuclear Titanium dioxide, Huiyun Titanium Industry, Jinpu Titanium Industry, and so on, have issued price increase letters one after another. Industry insiders believe that rising costs and strong overseas demand have contributed to the upward price of titanium dioxide. Some enterprises may have capacity expansion plans in the second half of the year, and the supply side may be loose.
[Shandong Gold: pre-loss of 250 million yuan-350 million yuan in the first quarter from profit to loss] Shandong Gold announced that the net profit loss in the first quarter of 2021 is expected to be between 250 million yuan and 350 million yuan, compared with a profit of 563 million yuan in the same period last year. According to the requirements of the local competent authorities, the mines in Shandong Province, which belong to the company, have carried out safety inspection since February 2021. The company's production capacity was greatly affected by the shutdown safety inspection, and the company's gold production fell by about 40% in the first quarter compared with the same period last year.
[Dragon Python: the price of titanium dioxide at home and abroad has been raised again] long Python has issued an announcement, it is intended to increase the sales price of various types of titanium dioxide (including sulfuric acid titanium dioxide and chlorinated titanium dioxide) by 1000 yuan / ton to all kinds of domestic customers and 150 yuan / ton to all kinds of international customers on the basis of the original price. This is the second time this year that Dragon Python has raised the sales price of titanium dioxide. On March 11, it was disclosed that it would increase the sales price of various types of titanium dioxide (including sulfuric acid titanium dioxide and chlorinated titanium dioxide) by the same intensity as this time. "View details
[Silicon] Tongwei shares: it is proposed to issue convertible bonds to raise no more than 12 billion yuan, which will be used for photovoltaic silicon material manufacturing technical renovation project (phase II high purity silicon project), photovoltaic silicon material manufacturing project (phase II high purity silicon project), 15GW single crystal pull rod cutting project and supplementary liquidity.
[Minmetals rare earths: net profit in the first quarter increased by more than 7 times as much as some rare earth commodity prices] Minmetals rare earths announced on the evening of April 12 that the net profit for the first quarter of 2021 is expected to be 95.94 million yuan to 106 million yuan, an increase of 702.64% ran 786.3% over the same period last year. During the reporting period, the prices of some rare earth commodities rose, and the company's gross profit margin and overall profit level rose sharply compared with the same period last year.
[Bayi Iron and Steel: plans to achieve business income of 25.3 billion yuan in 2021] Bayi Iron and Steel announced that the company has produced 5.91 million tons of iron, 6.25 million tons of steel and 5.97 million tons of timber in 2020. The operating income was 21.7 billion yuan, an increase of 5.39% over the same period last year, and the net profit was 316 million yuan, an increase of 184.58% over the same period last year. In 2021, the company adheres to the strategy of "excellent plate shape" product structure adjustment, further increases the proportion of plate, section steel and excellent steel products, and leads the development of Xinjiang iron and steel industry. In 2021, the company plans to produce 6.5 million tons of iron, 7.2 million tons of steel and 6.8 million tons of materials, with a planned operating income of 25.3 billion yuan.
[Luoyang Molybdenum Industry and Ningde Times cooperate to create a world-class copper and cobalt project] Luoyang Molybdenum Industry and Ningde Times will jointly develop the Kisanfu copper and cobalt project. This cooperation will help Ningde era to lock in cobalt resources. It is understood that the Kisanfu copper-cobalt mine is located in the Democratic Republic of the Congo (gold), with ore resources of 365 million tons, containing more than 6.2 million tons of copper metal and more than 3.1 million tons of cobalt metal. It is one of the highest-grade copper-cobalt mines to be developed in the world. "View details
On April 8th, Luo Tiejun, vice president of China Iron and Steel Association, and his party went to Fangchenggang Iron and Steel Base of Liugang Group (hereinafter referred to as "steel prevention base"). The intelligent manufacturing center of the production and manufacturing department, the 200000-ton wharf and the main control room of ironmaking No.1 blast furnace were investigated on the spot. Pan Shiqing, secretary of the party committee and chairman of Liugang Group, and Gan Guiping, deputy secretary of the party committee, vice chairman, and general manager of the group, accompanied the investigation and discussed with Luo Tiejun and his entourage on the construction of the steel prevention base, technology and equipment, intelligent manufacturing, environmental protection and other issues. "View details
Terminal information
[IDC: first quarter global PC shipments reached 84 million units in the next few years the market prospect is more optimistic] recently, IDC released a global PC shipments report for the first quarter of 2021. According to the report, global PC shipments reached 84 million units in the first quarter of 2021, an increase of 55.2% year-on-year and a slight decrease of 8% compared with the fourth quarter of last year, including desktops, notebooks and workstations. "View details
[Guoxuan Hi-Tech: the company currently has plenty of orders in hand and ideal production scheduling in each factory.] Guoxuan Hi-Tech said on the interactive platform that the company currently has plenty of orders on hand, the production scheduling of each factory is ideal, and everything is normal. In addition to new energy vehicle customers, the company's products are also supplied to customers in areas such as energy storage and PACK; in addition, the time period and statistical caliber from the company's delivery of orders to the realization of installation are affected by many factors, and there is a difference between the company's battery shipments and the market's open installed capacity.
[the US government will listen to Google, General Motors CEO and other executives on chip shortages] the global chip market is in a severe supply shortage, causing car factories in many places to shut down and fierce competition. Biden administration senior officials will listen to the voices of a number of companies on Monday, with a view to working out solutions to ease the chip shortage. More than a dozen executives will attend the online summit, including General Motors CEO Mary Barra, Ford CEO James D. Farley, Jr., and Alphabet, as well as Google's CEO Sundar Pichai. The meeting is likely to mainly listen to the voices of companies and is not expected to make real progress or set a clear road map for resolving the shortage, according to people familiar with the meeting plans.
[Haiwei Hi-Tech: subsidiary Haiwei Huaxin plans to increase capital and shares to introduce investors] Hite Hi-Tech announcement, the company's holding subsidiary Haiwei Huaxin plans to introduce investor Zhengwei Financial Control by way of capital increase and share expansion, with an increase of 1.289 billion yuan. Haiwei Huaxin carries on this round of capital increase with a pre-investment valuation of 2.5 billion yuan. After the completion of the capital increase, Zheng Weijin holds 34.01% of the equity of Haiwei Huaxin, and the proportion of the equity held by the company is reduced from 51.21% to 33.79%. Haiwei Huaxi is no longer included in the scope of the company's consolidated statements and has become an important shareholding company of the company.
[battery] China Baoan: subsidiary Bertrand Nano plans to set up a subsidiary Hubei Beneng New Energy Technology Co., Ltd. to invest in the construction and production of high-performance lithium-ion batteries, with a total investment of 1.1 billion yuan. The project is divided into two phases, of which the first phase is expected to invest 500 million yuan.
