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[SMM Steel Market Morning News] sudden! Fengrun District of Tangshan adjusts its environmental protection policy to allow 32 enterprises to resume production ahead of time.
May 20,2020 07:17CST
translation
Source:SMM steel
The content below was translated by Tencent automatically for reference.

News breakfast

"rising factors

1. Adjustment of stricter Control measures in Fengrun District of Tangshan City in May

On the evening of the 19th, Tangshan Fengrun District said that in view of the large proportion of steel rolling enterprises in the region's industry, and that most of the enterprises had completed in-depth environmental protection management, and some enterprises had reached the "good" standard of environmental protection governance, in order to encourage the development of enterprise scale and green environmental protection, the Economic District Ecological Office conducted a study. Special permission is given to 32 enterprises that not only belong to enterprises above scale, but also reach the "good" standard of environmental protection governance, as well as electric heating enterprises to produce under the premise of meeting the emission standards during the second half of May.

2. China's high-speed railway will reach 39000 km by the end of 2020.

The total mileage of railway operations across the country is expected to reach 146000 kilometers by the end of 2020, covering about 99 percent of the cities with a population of 200000 or more, the minister of transport said at a news conference of the State Information Office. Among them, the high-speed railway (including inter-city railway) is about 39000 kilometers, which continues to lead the world. The total mileage of highways will reach about 5.1 million km, of which the mileage of highways will reach about 155000 km, connecting more than 99.8% of cities with a population of 200000 or more.

3. S & P Global rating: the Dawn of China's Commodity Industry

S & P global rating released a report on May 19 entitled "China Commodity Credit Watch: brave to the Beautiful New World after the epidemic", saying that the situation for Chinese commodity companies in the second quarter may still be difficult, but the dawn is emerging. The cement industry is better off than other commodities. Since the end of the first quarter, as domestic economic activity has gradually resumed and cement sales have continued to pick up, capacity utilization reached 88% in April, basically the same as the same period last year, reflecting a strong rebound in demand. The reason is that cement production and sales are mostly in the same place, and the resumption of construction activities and the acceleration of infrastructure investment will also increase the demand for cement. These two factors will also increase the demand for long-shaped steel products. After a dismal first half of the year, flat steel products will also benefit from the recovery in car sales in the second half of the year.

4. Guizhou Province fully opens the cinema: no snacks are allowed to sit in the other seat.

On May 19, the Guizhou provincial government issued the "Provincial leading Group Office for the Prevention and Control of New Crown pneumonia to adjust the epidemic prevention and control measures for theaters, conferences, and exhibitions," comprehensively opening up cinemas and conferences and exhibitions. It is said that the cinema will be opened by appointment, current restriction, etc., and the number of spectators and staff shall not exceed 50% of the rated seats. Moviegoers and staff must take temperature measurements and scan the code normally before they can enter, sit apart, and wear masks throughout the process. Snacks are prohibited; at the same time, necessary meetings and exhibition activities can be held to limit the number of attendees and exhibitions.

5. The region of the Japanese capital circle intends to lift the Declaration on Emergency.

The governors of Tokyo, Saitama, Chiba and Kanagawa prefectures of Japan exchanged views and reached agreement at a videoconference on the response to the new crown pneumonia epidemic, hoping to promote local measures to lift the Emergency Declaration.

6. The State Council announces the implementation of the quantitative indicators and tasks of the 2019 Government work report.

The National two sessions will be held soon, the State Council announced on the 19th the 2019 "Government work report" quantitative indicators of the implementation of the task table, 38 indicators have been completed. The report proposes a target of 6% GDP growth of 6.5%. The actual "report card" shows that last year's GDP reached 99.0865 trillion yuan, an increase of 6.1% over the previous year, which is in line with the annual target.

Downside factor

1. There are 2509 new confirmed cases of new crown pneumonia in Saudi Arabia, with a total of nearly 60, 000 confirmed cases.

The latest figures released by the Saudi Ministry of Health on the afternoon of the 19th local time show that there have been 2509 confirmed cases of new crown pneumonia and 9 new deaths in Saudi Arabia in the past 24 hours. So far, the total number of confirmed cases of new crown pneumonia in Saudi Arabia has reached 59854, of which 329 patients have died of serious illness and 31634 patients have been cured and discharged from hospital.

2. 5 new local confirmed cases in Jilin

There are no new confirmed cases imported from abroad in Jilin Province. There were 5 new local confirmed cases in the province (Jilin City), all of which were positive by active screening and testing within the scope of control. There was no new asymptomatic infection in the province, and 2 cases were relieved from isolation medical observation.

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