[SMM Steel City Morning News] Hebei Province promotes Ultra-low Emission Control in six Major Industries, such as Iron and Steel and cement

Published: May 09, 2020 09:02 (GMT+8)

Saturday, 9 May 2020

Rising factor

1. Global orders for new ships totaled 1.14 million CGT in April

The latest Clarkson data show that global new ship orders totaled 1.14 million CGT, in April, up from 890000 CGT, in March for the second month in a row. Among them, Chinese shipping companies received a total of 38 730000 CGT, in the global market share of about 64%, ranking first in the world. South Korean shipping companies received a total of eight 230000 CGT, in the global market share of about 20 per cent, ranking second. Russian shipping companies ranked third, with a total of seven ships of 65000 CGT, accounting for about 5.7 per cent of the market. Japan ranked fourth with two ships of 55000 CGT.

2. Hebei Province to promote ultra-low emission control in six major industries, such as iron and steel, cement, etc.

It has been learned from the Department of Ecological Environment of Hebei Province that in order to ensure the continuous improvement of ambient air quality and promote the green development of industrial enterprises, Hebei will carry out ultra-low emission transformation in six major industries, including electric power, iron and steel, coking, cement, flat glass and ceramics. According to the plan, Hebei will speed up the transformation of 120 enterprises, including flat glass, cement and ceramic industries, with ultra-low emissions. By the end of October, the ultra-low emission transformation tasks of the six key industries will be basically completed.

 

Falling factor

1. Non-farm payrolls in the United States fell by 20.5 million in April, the biggest drop on record

Non-farm payrolls fell 20.5 million in April, the biggest drop since records began in 1939, and are expected to fall by 22 million, up from 701000. The unemployment rate in the United States was 14.7% in April, the highest level since the 1940s, with an estimated 16%, compared with a previous value of 4.4%. The average hourly wage in the United States rose 4.7% in April from a month earlier and is expected to rise 0.4%.

 

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 for 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
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
Sep 22, 2026 16:11 (GMT+8)
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
Read More
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
On September 22, Western Mining announced that its wholly owned subsidiary, Qinghai Ganxin Mining Development Co., Ltd. (“Ganxin Mining”), recently obtained a Mining License issued by the Department of Natural Resources of Qinghai Province. The mine, named the Geermu Tuwenchahan Iron Polymetallic Mine of Qinghai Ganxin Mining Development Co., Ltd., covers iron, copper, gold, molybdenum, zinc, lead, and silver as the permitted mining commodities. The mining license is valid from August 3, 2026, to August 30, 2043.
Sep 22, 2026 16:11 (GMT+8)
Korea Zinc's $7.4B US Project Passes Environmental Assessment, Set for 2029 Trial Operations
Sep 21, 2026 17:02 (GMT+8)
Korea Zinc's $7.4B US Project Passes Environmental Assessment, Set for 2029 Trial Operations
Read More
Korea Zinc's $7.4B US Project Passes Environmental Assessment, Set for 2029 Trial Operations
Korea Zinc's $7.4B US Project Passes Environmental Assessment, Set for 2029 Trial Operations
On September 21, Korea Zinc announced that its $7.4 billion US manufacturing project had passed the environmental impact assessment. The facility is scheduled to begin trial operations in 2029 and commercial production the following year, producing 11 critical minerals, 12 non-ferrous metals and semiconductor-grade sulfuric acid. In April, Korea Zinc said it had completed the acquisition of a local zinc smelter and other related companies. The company plans to implement the project by expanding and upgrading the existing facilities.
Sep 21, 2026 17:02 (GMT+8)
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
Sep 11, 2026 18:30 (GMT+8)
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
Read More
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns
On September 9, 2026, Australia initiated its second sunset review of anti-dumping measures on galvanized steel sheet from India, Malaysia and Vietnam, and separately launched a sunset review of countervailing measures on imports from India. The review covers July 2025-June 2026, with the final report expected by February 11, 2027. As galvanized steel is the largest end-use sector for zinc, the measures directly affect export costs and competitiveness, potentially impacting Australia’s domestic zinc demand and supply chain. Maintaining the duties would provide some protection for domestic steel and coating capacity, while termination could increase low-priced imports and affect regional zinc consumption. The final outcome remains subject to the authorities’ determination.
Sep 11, 2026 18:30 (GMT+8)