[SMM Steel Morning News] SASAC: the growth rate of fixed asset investment in central enterprises is accelerating month by month.

Published: Jul 17, 2020 08:56

News Breakfast

"rising factors

1. Tangshan environmental protection and production restriction control has been further tightened.

From July 16 to 18, Tangshan is dominated by southerly and southeasterly winds, with high temperature and strong light, and a moderate pollution process with ozone as the primary pollutant is expected. In accordance with the requirements of the provincial department, on the basis of the control measures in July, the following control measures were taken from 16:00 on the 16th to 10:00 on the 18th. Among them, the sintering machine retained by iron and steel enterprises was reduced to 50% of the throttle production on the basis of management and control measures in July, and it is forbidden to replace the sintering machine.

2. SASAC: the growth rate of fixed asset investment in central enterprises is accelerating month by month.

According to data provided by the State-owned assets Supervision and Administration Commission of the State Council, since the full resumption of work in March, the monthly fixed asset investment of central enterprises has returned to positive growth, with monthly investment growth rates of 4.1%, 11.8%, 13% and 21.2%, respectively. In terms of sectors, investment in fixed assets in power generation, automobile, communications, metallurgy and other industries grew by more than 15% in the first half of the year. Among them: in the first half of the year, the investment in national fixed assets of communications enterprises increased by 18.7% compared with the same period last year, accounting for 41.4% of all central enterprises; and the fixed asset investment of power generation enterprises increased by 42.6% in the first half of the year.

 

Downside factor

1. The Ministry of Emergency Management issued a national comprehensive risk warning reminder for natural disasters.

The Emergency Management Department issued a national comprehensive risk warning for natural disasters in the next three days on the 16th. It is expected that from the 17th to the 19th, there will be relatively heavy precipitation in the eastern part of the southwest, the south of Huang-Huai, Jianghan, and the north of the Yangtze River. The heavy precipitation areas in the upper and middle reaches of the Yangtze River overlap with the previous period, the high water level in the middle and lower reaches of the mainstream continues, and there will be an obvious flood process in the main stream of the Huaihe Sichuan, Chongqing, Guizhou, Hubei, Hunan, Jiangxi, Henan, Anhui, Jiangsu, Shandong and other places have a high risk of flood disasters, and the risk of mountain torrents and geological disasters has increased.

 

Hot news


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Southeast Asia Lead Supply Tightens, Premiums Rise Due to Environmental Measures and Shipping Delays
May 15, 2026 15:24
Southeast Asia Lead Supply Tightens, Premiums Rise Due to Environmental Measures and Shipping Delays
Read More
Southeast Asia Lead Supply Tightens, Premiums Rise Due to Environmental Measures and Shipping Delays
Southeast Asia Lead Supply Tightens, Premiums Rise Due to Environmental Measures and Shipping Delays
[SMM Lead Market News] It was learned that since April, affected by environmental protection rectification and extended shipping cycles, lead smelters in Southeast Asia have experienced production cuts and shutdowns. Lead ingot supply has gradually tightened, spot premiums have risen, and high-grade lead ingots have even become difficult to source. Currently, the SMM Malaysia lead ingot 99.99-99.995% CIF premium was quoted at $150-170/mt, with a few suppliers once again making exploratory offers at a premium of $200/mt, though no transactions have been concluded at this price.
May 15, 2026 15:24
Zhangye Establishes Waste Lead-Acid Battery Collection Entity with 2,000 mt/year Capacity
May 9, 2026 20:23
Zhangye Establishes Waste Lead-Acid Battery Collection Entity with 2,000 mt/year Capacity
Read More
Zhangye Establishes Waste Lead-Acid Battery Collection Entity with 2,000 mt/year Capacity
Zhangye Establishes Waste Lead-Acid Battery Collection Entity with 2,000 mt/year Capacity
[Waste Lead-Acid Battery Market Dynamics] It was reported that one waste lead-acid battery collection and storage entity has been established in Zhangye City, Gansu Province, namely Zhangye Mingcheng Waste Battery Recycling Co., Ltd., which has obtained the Hazardous Waste Operating License issued by the Department of Ecology and Environment of Gansu Province. The approved operating method and category is the collection (HW31, 900-52) of waste lead-acid batteries, with an operating capacity of 2,000 mt/year. A total of 4 waste lead-acid battery collection sites have been set up across the city.
May 9, 2026 20:23
Feihushan Lead-Zinc Mine Project Advances in Heilongjiang, Aims for 300,000 mt Annual Ore Capacity
Apr 23, 2026 19:50
Feihushan Lead-Zinc Mine Project Advances in Heilongjiang, Aims for 300,000 mt Annual Ore Capacity
Read More
Feihushan Lead-Zinc Mine Project Advances in Heilongjiang, Aims for 300,000 mt Annual Ore Capacity
Feihushan Lead-Zinc Mine Project Advances in Heilongjiang, Aims for 300,000 mt Annual Ore Capacity
[Lead-Zinc Ore Market Dynamics] A project advancement meeting for the Feihushan lead-zinc mine was held this week in Huzhong District, Heilongjiang, chaired by Guan Jingjun, Deputy Secretary of the District Party Committee and District Governor. The total investment for the Feihushan lead-zinc polymetallic mine development project is expected to be 396.7111 million yuan, with all required funds to be self-raised by the enterprise. Upon completion, the project will have an annual capacity of 300,000 mt of raw ore (including 200,000 mt of lead-zinc ore and 100,000 mt of iron ore). The mineral processing products will be lead concentrates, zinc concentrates, and iron ore concentrates, with a service life of 14 years (excluding a 4-year construction period).
Apr 23, 2026 19:50
[SMM Steel Morning News] SASAC: the growth rate of fixed asset investment in central enterprises is accelerating month by month. - Shanghai Metals Market (SMM)