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[SMM Steel Morning News] Fengrun District of Tangshan City issued an emergency notice to further tighten control * the China Meteorological Administration launched a level 3 emergency response.
Jul 6,2020 09:09CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

Monday, July 6, 2020

News breakfast

"rising factors

1. Production restrictions in Tangshan have been tightened.

On July 5, Fengrun District of Tangshan issued an emergency notice to further tighten control. The notice shows that at 18:00 on July 5th, Tianzhu Iron and Steel added and stopped a 208m ³sintering machine, independent hot rolling and brick kilns rated as "good" stopped production, and other controls were strictly implemented in accordance with the "Air quality strengthening and guarantee Plan of Fengrun District of Tangshan City in July".

2. National Railway Group: in the first half of the year, the total investment in fixed assets of the national railway was + 1.2% compared with the same period last year.

In the first half of the year, investment in fixed assets of railways nationwide reached 325.8 billion yuan, 3.8 billion yuan higher than that of the same period last year, an increase of 1.2 percent over the same period last year, of which 245.1 billion yuan was invested in national railway infrastructure, an increase of 3.7 percent over the same period last year. As of July 1, 1178 kilometers of new railway lines were opened, including 605 kilometers of high-speed railway. It is expected that about 4400 km of new railway lines will be opened this year, including about 2300 km of high-speed rail.

3. The transaction size of the housing market is expected to increase in the second half of the year.

Kerry: at present, the heat of the property market has rebounded steadily, combined with the central and local "bail-out" policies, the scale of real estate transactions in the second half of the year will have a certain growth, and the growth rate may slow down. The transaction volume for the whole year is expected to decline slightly compared with the same period last year, and the lack of purchasing power just needed will become an important factor restricting the growth of property market transactions.

Downside factor

1. The China Meteorological Administration has launched a level 3 emergency response, and the water level in the middle and lower reaches of the Yangtze River continues to rise. Cymbal

Under the influence of continuous heavy rainfall, the incoming water from the two lake systems and the main stream of the middle and lower reaches of the Yangtze River increased obviously. Under the superimposed influence of the above incoming water, the water level of each station in the middle and lower reaches of the Yangtze River continued to rise, and the Lianhuatang Station reached a warning water level of 32.5 meters at 5: 00 on the 5th. The hydrological department predicts that the Jianli-Jiangyin section of the middle and lower reaches of the Yangtze River will fully exceed the warning water level in the next few days, with a maximum range of 0.5 to 1.0 meters. 10:00 on the 5th, the Hydrology Bureau of the Yangtze River Conservancy Commission continued to issue a yellow warning for floods in the Jianli-Jiangyin section of the mainstream of the Yangtze River, drawing the attention of relevant units and the public along the middle and lower reaches of the Yangtze River, Dongting Lake and Poyang Lake to prevention.

2. The number of confirmed cases of Xinguan epidemic is still expanding.

As of 16:00 on July 5, the new crown epidemic affected 215 countries and regions, with a total of more than 11.26 million confirmed cases and 530000 deaths worldwide, including nearly 2.84 million confirmed cases in the United States.

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