[SMM Metal Breakfast] the US dollar fell and the metal rose sharply across the board * the demand for copper rods fell poorly and the start-up rate fell in December * aluminum prices fell sharply and processing fees were raised.

[overnight market] the dollar fell and metals rose sharply across the board. Lead rose more than 3%. Meibu crude oil both rose nearly 2%.

[macro outlook] focus on the annual CPI rate in the United States in December and the changes in EIA crude oil inventory in the current week.

"Click to see more metal futures.

The dollar index fell on Tuesday, and the recent rally driven by a surge in U.S. Treasury yields appears to have lost momentum.

U. S. stocks closed slightly higher on Tuesday. Investors are weighing the rise in long-term Treasury yields against the prospect of a US economic recovery. The Dow closed up 60.00 points, or 0.19%, at 31068.69; the Nasdaq was up 36.00 points, or 0.28%, at 13072.43; and the S & P 500 was up 1.58, or 0.04%, at 3801.19.

On crude oil, crude oil futures hit an 11-month high of just under $57 a barrel on Tuesday, boosted by Saudi Arabia's plan to restrict supplies, overshadowing fears that a rise in global cases would dampen fuel demand.

In precious metals, COMEX gold futures closed lower on Tuesday, giving up early gains in depressed trading, continuing a week-long trend of weakness.

LME inventory

Macro focus

China is a through train: the scale of population flow in China during the Spring Festival transportation in 2021 will be significantly lower than that in normal years, and there is a strong uncertainty in passenger flow. Under the dual effects of reduced demand and increased capacity, it is expected that the pressure on commercial passenger transport will be reduced, the proportion of high-speed rail and civil aviation travel will be further increased, and the travel preference of minibuses will increase significantly. Over the past few days, the COVID-19 epidemic has spread in many places in China, and the pressure on prevention and control has escalated. In this regard, the authorities encourage workers and workers to celebrate the holidays on the spot, and encourage employers to make overall arrangements for vacations in the light of their work needs and the wishes of workers, and organize migrant workers to return to their hometown at the wrong peak.

[more than 200 fines have been disclosed by the banking and insurance supervision system since the beginning of the year on January 11] since the beginning of 2021, the Bancassurance Regulatory Commission and local regulatory administrations have issued fines one after another. From the perspective of the cause of punishment, imprudent credit control has become the "worst-hit area" for banks to be punished. Zhejiang Chong Zhou Bank Co., Ltd. Jiaxing Branch was fined 300000 yuan for imprudent credit management and misappropriation of personal operating loan funds for house purchase. Jiangxi Shangli Agricultural Bank was fined 450000 yuan for making illegal loans to housing companies. Entering the new year, the supervision of the banking and insurance supervision system has not been relaxed at all. According to incomplete statistics, as of January 11, the banking and insurance supervision system has disclosed more than 200 fines since the beginning of the year, with a total fine of more than 250 million yuan.

[Ministry of Transport: adhere to the systematic concept, overall promote the construction of a transportation power, speed up the promotion of a number of major projects such as the Sichuan-Tibet Railway] Today, the leading party group of the Ministry of Transport of the Communist Party of China issued a written report on the democratic life meeting in 2020. Yang Chuantang, secretary of the party leading group of the ministry, stressed that we should adhere to the systematic concept and make overall efforts to speed up the construction of a transportation We will improve and improve the 14th five-year Plan system, speed up the promotion of a number of major projects such as the Sichuan-Tibet Railway, strengthen the evaluation and supervision of the pilot project of building a transportation power, speed up the replication and popularization of pilot experience, and promote the formation of indicators, policies, standards, assessment and evaluation systems adapted to high-quality development.

[Beijing CPI rose 0.2% year on year in December last year and consumer confidence index rose in the fourth quarter] data released by the Beijing Survey team of the National Bureau of Statistics on the 12th showed that for the whole of 2020, the overall level of consumer prices in Beijing rose 1.7% from the same period last year. In December, the overall level of consumer prices in Beijing rose 0.2% from a year earlier, the same rate as the previous month. The data also show that in the fourth quarter of 2020, Beijing's consumer confidence index was 122.6, 1.1 points higher than the previous quarter.

The China Earthquake Network officially determined that a magnitude 5.6 Earthquake occurred in Hokkaido, Japan (43.66 N, 140.16 E) 10:39 on January 12, with a focal depth of 230km.

World Health Organization (WHO): at present, World Health Organization (WHO) 's team is working with Sinopec and Sinopharm in China to evaluate its novel coronavirus vaccine, which may be included in World Health Organization (WHO) 's emergency use list. Although the novel coronavirus vaccine has begun to protect the most vulnerable, the world will not be able to achieve any degree of mass immunization in 2021, and even if some countries achieve mass immunization this year, they will not be able to protect people around the world. Even if vaccination is extended to all populations, public health measures are still very important.

Us Centers for Disease Control and Prevention: all passengers arriving in the United States will be required to provide a negative test report for COVID-19. According to the statistics of Johns Hopkins University at 16:22 et (05:22 on January 13th), the number of confirmed cases of COVID-19 in the United States has exceeded 22.77 million, reaching 22771320. There were more than 379000 deaths, reaching 379365.

Standard Chartered Bank precious metals analyst Suki Cooper: is mainly due to the emergence of inflation risk, we think the market will see the continued allocation of funds to gold, so we believe that in the process of the first quarter, gold prices will rise again to $2000.

The willingness of investors to buy Treasuries at Tai Wong:, head of metal derivatives trading at Bank of Montreal capital markets, boosted confidence in US assets, with stocks rising and the dollar falling, both of which contributed to a slight rise in gold prices.

According to CME Fed Watch, the probability of the Fed keeping interest rates in the 0.5% range in January is 100%, and the probability of raising interest rates by 25 basis points to 0.25% is 0%. The probability of keeping interest rates in the 0% price range in March is 100%, and the probability of raising interest rates by 25 basis points is 0%.

U.S. Republican Congressman Liz: will vote to impeach Trump.

Today's focus

[SMM analysis: poor demand for copper rod: the operating rate of copper rod enterprises declined further in December] the operating rate of refined copper rod enterprises was 70.42% in December, 1.67% lower than the previous month, and 2.79% lower than the same period last year. Among them, the operating rate of large enterprises is 70.49%, that of medium-sized enterprises is 78%, and that of small enterprises is 36.95%. "View details

Malaysia's tightening action control measures affect the production and export of recycled copper. Malaysian Prime Minister Muhitin announced on the 11th that in view of the rapid increase in the number of confirmed cases of novel coronavirus, from January 13 to 26, action control measures were tightened in Kuala Lumpur, Putrajaya, Selangor, Sabah, Johor, and other places, banning all gathering activities. Only five sectors, namely, manufacturing, construction, services, trade and transport, and cultivation, are allowed to continue business, and only 30% of employees are allowed to return to the office. According to SMM, the upgrading of operational controls will once again adversely affect the production and export of recycled copper in Malaysia. Up to now, many overseas areas have entered a state of blockade, and the superimposed epidemic has led to a shortage of transport capacity before and after the Spring Festival, which is expected to affect the import rhythm of recycled copper in the first quarter.

[daily Review of scrap Copper on January 12: 7-day restriction on travel of personnel in Langfang will affect production] Today, spot electrolytic copper in Shanghai quoted 100-130 yuan per ton of water for that month's contract, with an average price of 115 yuan per ton, up 40 yuan / ton from yesterday. The transaction price of Pingshui copper is 58150-58310 yuan / ton, and that of Shengshui copper is 58160-58330 yuan / ton. Today, Shanghai Copper held 58200 yuan / ton above the daily moving average and was blocked by a narrow range shock arrangement. After opening low and opening high in the morning market, it briefly broke the daily average line and broke 58000 yuan / ton, but the low level soon recovered and recovered from the narrow range shock finishing of 58200 yuan / ton above the daily average line. "View details

[SMM analysis: anode copper import CIF processing fee Benchmark finalizes 2021 crude copper supply can continue loose] Today, SMM learned that Jiangxi Copper and China Color's Zambia crude copper producer Chambishi signed a long CIF anode copper import order Benchmark of US $145USD / ton in 2021. Compared with $128USD / ton in 2020, the CIF processing fee (RC) long order processing fee has obviously rebounded this year. Although it is still far from the 165USD / ton in 2019, under the background that the copper concentrate processing fee has dropped from US $62USD / t to US $59.5USD / ton, the rise of imported anode copper long order BM reflects the market expectation that the supply of crude copper tends to be loose. "View details

[SMM analysis: Shanghai aluminum decline is difficult to change the downward trend] from late December last year, aluminum prices broke off and turned downside. The main contract of Shanghai Aluminum has fallen almost all the way since it hit a peak of 16805 on December 20, 2020, and the daily closing price of 14955 is down more than 11% so far. The decline was mainly due to the seasonal weakening of consumption and the continued accumulation of aluminium stocks. "View details

[aluminum bar spot daily review: aluminum prices fell sharply down processing fees increased actual transaction in general] January 12 domestic aluminum bar mainstream market processing fees slightly increased, the price center of gravity moved 20-40 yuan / ton, but the market output is less, the actual transaction is general. Among them, in the mainstream market, most of the holders in South China raised the processing fee by 20-50 yuan / ton, and the downstream pick-up was general; the processing fee in East China was also raised, with an increase of 30-50 yuan / ton, and the low-price supply was OK. Although aluminum prices have fallen recently, they have not yet reached the downstream psychological price level. At present, most of the downstream bears have poor enthusiasm for receiving goods, rigid demand to buy, and processing fees are expected to be relatively strong tomorrow.

[SMM survey: holiday arrangements for zinc downstream enterprises] according to SMM research, galvanizing enterprises generally have a holiday and stop production around the end of January, among which Hebei area is affected by the epidemic, and the holiday time is slightly earlier than that in other areas. Die casting enterprises generally have a holiday from the end of January to the beginning of February. Zinc oxide enterprises have a late holiday, which is generally a national holiday, among which Hebei stopped production in early January affected by the epidemic. "View details

[sudden: is it affected by the Philippine President's order to stop the supply of nickel ore from mining operations on Tumbagan Island? According to SMM research, all mining activities on Tumbagan Island have been stopped this time, but the mining sites on the island have basically dried up, and there have been few shipments in the past two or three years, but at present, there are new mines on the island, Strong Minmig Site has begun to ship goods, and the mine shipments are not stable, and the shipments are relatively small, and four ships arrived at the port in December. In addition, the ban on mining operations on the island may affect SR Languyan Mining shipments, which shipped 2-3 vessels in 2020, so the suspension of all mining activities on Tumbagan Island has little impact on Philippine shipments. But what is not yet certain is whether the matter will further ferment to the entire tawi-tawi island, and SMM will continue to track the follow-up progress. "View details

[daily Review of Nickel Pig Iron Trading: competitive Raw material economy improves, Nickel Iron Price suppresses Ferro Nickel price, FeCr storm again squeezes steel mills to benefit from raw material space] there is still no active procurement in the high nickel pig iron market. However, today, the purchase price of 300 series scrap stainless steel is 300 yuan lower than that of 9900 yuan / ton to 9600 yuan / ton, which is better than that of 1100 yuan / nickel point (including tax at the factory). In addition to the loose supply of ferronickel itself and the economic comparison of competitive nickel raw materials, the price of ferronickel has been suppressed. "View details

[SMM data: total stainless steel output is stable month-on-month in December. Overhaul production is expected to drop sharply in January] according to SMM research, the national stainless steel output in December totaled about 2.9196 million tons, with the total output unchanged from November, down 0.21% from the previous month and an increase of 21.5% over the same period last year. The cumulative output of stainless steel in China from January to December 2020 was about 29.876 million tons, an increase of 5.09 percent over the same period last year. In terms of sub-departments, the cumulative total of series 300 and series 400 increased by about 8.6% over last year. The cumulative increase of series 300 was about 8.59% to 14.8109 million tons, and that of series 400 was 8.62% to 5.4379 million tons over the same period last year. The cumulative total output of the 200 series is about 9.6271 million tons, down 1.59% from the same period last year. "View details

[SMM News: South Africa maintains a three-tier "blockade" and temporarily closes 20 land crossings] according to SMM, the impact of South Africa's three-tier blockade on the country's inland and cross-border transport is more serious, including the transfer of Congolese cobalt raw materials and Zambian manganese ore to South Africa or may again be affected by transport capacity compression. Although the scope of the South African blockade has been expanded and the blockade time has been extended, the blockade level has not yet risen to level 4 or higher, and it has not had a substantial impact on the motor and railway transportation of manganese ore, chrome ore and other mines in South Africa at present. There are no restrictions on the upgrading of port export capacity, so there will be no impact on South Africa's related mining exports in the short term. "View details

[the control of the epidemic situation in Xinjiang has become stricter and the number of silicon vehicles in Xinjiang has decreased] according to SMM research, after Changji found an imported confirmed case, vehicles entering Xinjiang were strictly inspected in Xinjiang. Silicon factories reported that there were significantly fewer vehicles pulling goods this week, silicon factories in Shihezi, Changji and other regions basically turned to railway transportation, and the shipping cycle from Xinjiang to the destination was extended to more than 10 days.

[high-carbon ferrochromium] on January 12, the national quotation for high-carbon ferrochromium rose again today. The quotation in the northern region revolves around 6600-6800 yuan / 50 base tons, while the quotations in central and southern China have exceeded 7000 yuan / 50 base tons. The north officially implemented the power cut of 25000Kva and lower ore reheating furnaces to hit the spot market again. Although some manufacturers said that they would reduce construction at this stage but maintain production as much as possible, the actual output in Inner Mongolia is expected to decline in January. There may be a gap in the delivery and preparation of downstream traders and steel mills and follow-up orders; At the same time, the internal and external quotation of the upstream chrome mine also rose on Synchronize, and the Synchronize epidemic in South Africa and Zimbabwe set off the rising price atmosphere.

[Silicon manganese] on January 12, the national silicon-manganese quotation continued to rise in chaos today, with 6517 spot quotations approaching 7000 yuan per ton of manufacturers increasing, although it is a tentative quotation, trading volume is difficult to keep up with, but in the context of power cuts in small and medium-sized production capacity in the north and rising electricity costs in the south, the view on the trend of short-term prices is only rising.

[manganese ore] on January 12, the country imported manganese ore firmly today. South African President Ramaphosa announced in a televised speech on the evening of the 11th that the South African government will continue to maintain the current three-level "blockade order" in response to the COVID-19 epidemic. 20 land ports have been temporarily closed. Although the scope of the blockade in South Africa has been expanded and the blockade time has been extended, the blockade level has not yet been raised to level 4 or higher. At present, there is no substantial impact on the motor and railway transportation of manganese ore, chromium ore and other mines in South Africa, and there is no policy restriction on the upgrading of port export capacity, so there will be no impact on South Africa's related mining exports in the short term. However, some domestic operators are worried that due to the deterioration of the global epidemic, South Africa may implement a level 4 blockade in February, when South Africa's transport capacity from mines to ports will be greatly restricted, and China's arrival of manganese, chromium and other raw materials to the port in March is also likely to be reduced.

[SMM January 12 ternary precursor spot KuaiBao] Today, the market price of ternary precursor is 8.9-92000 yuan / ton, the average price is 2000 yuan / ton higher than yesterday, the market price of ternary precursor 523 (single crystal) is 9.3-95000 yuan / ton, the average price is 2000 yuan / ton higher than yesterday. The price of ternary precursor 622 (power type) is 9.8-102000 yuan / ton, the average price is 2000 yuan / ton higher than yesterday, and the average price of ternary precursor 811 (power type) is 10.75-113000 yuan / ton, up 2000 yuan / ton compared with yesterday. Recently, cobalt salt prices continue to rise, nickel salt prices are high and firm, raw material imports are scarce, market bullish sentiment increases, superimposed January downstream power market demand continues to improve, precursor enterprises quoted prices rose sharply.

[SMM January 12 cobalt sulfate spot KuaiBao: domestic raw material gap increases cobalt sulfate price bullish] the current mainstream price of cobalt sulfate in China is 5.8-62000 yuan / ton, the average price is 500 yuan / ton higher than the day before. Market prices are bullish, downstream ternary precursor factories, materials factories continue to prepare goods during the Spring Festival, inquiry orders increase, cobalt sulfate prices upward. Today, cobalt sulfate is quoted at 6. 5-66000 yuan / ton, and the spot transaction price is 6. 2-64000 yuan / ton, the trading volume is less than that in late December. "View details

[SMM hot volume spot market review: volume fell again, spot transaction continues to be weak] this volume continues to be weak, the mainstream market quotation in early trading is 30-70 yuan / ton lower than yesterday, the trend of the snail is sluggish, the demand side is in a strong wait-and-see mood, and the transaction still fails to improve significantly after the price decline. the afternoon volume low rebounded slightly, the East China market took the lead in improving, low-price resource shipments were OK, and some traders raised prices slightly. Turnover in other mainstream markets remained weak, with average overall turnover throughout the day. "View details

Today, the current price of the thread fluctuates downward, but the overall trend of the screw is V-shaped, and the decline in night trading is not sustainable. in late trading, it closed down only 0.48% to 4327 yuan / ton. the spot trend is even weaker, with the mainstream markets falling by 20-90 yuan per ton, with Shanghai, Hangzhou and Nanjing falling the most, at 70-90 yuan / ton. Prices in Chengdu, Chongqing, Xi'an and other markets fell by about 10-40 yuan per ton. The performance of the transaction is relatively stable and not very good. "View details

[SMM analysis: the operating rate of the enamelled wire industry in December is in line with expectations. Please climb another high-rise in January.] according to SMM survey data, the operating rate of enamelled wire in December was 77.26%, an increase of 2.42% over the same period last year, a decrease of 1.79% compared with the previous month, and slightly lower than the expected rate of 77.32%. 0.06%. Among them, the operating rate of large enterprises decreased by 1.99% from 76.68%, that of medium-sized enterprises decreased by 1.65% to 79.32%, and that of small enterprises increased by 2.07% to 62.59%. "View details

Important news of metals and industry

Jiangxi Copper and China Color sign 2021 CIF long order processing fee for imported crude Copper Jiangxi Copper and China Color's Zambian crude Copper producer Chambishi signed a long order Benchmark of US $145USD / ton for CIF import in 2021. This RC has rebounded significantly from US $128per tonne last year, especially in the context of the reduction of long unit processing fee Benchmark for copper concentrate from US $62 / t to US $59.50 / t, reflecting the market's expectation of loose supply of crude copper.

[Taseko Mining: copper prices will continue to strengthen] Stuart McDonald, president of Taseko, said: copper prices will continue to strengthen. The current copper price is about $3.65 per pound, up 80 cents from the 2020 average. At the current copper price, our profit before tax, interest, depreciation and amortisation will be C $200 million in 2020, so we are very optimistic about the financial outlook for this year. "View details

[two national standards for aluminum industry drafted by Southwest Aluminum] A few days ago, two industry standards of "aluminum and aluminum alloy plate, strip and foil for bottle cap" and "aluminum alloy plate and strip for bottle cap and ring material" drafted by Southwest Aluminum have been approved and promulgated by the Ministry of Industry and Information Technology. For the purpose of meeting the production control of aluminum and aluminum alloy plate, strip and foil for bottle cap, the industry standard of "aluminum and aluminum alloy plate, strip and foil for bottle cap" has been extensively investigated combined with the current situation of manufacturers and users in our country. and according to the needs of the domestic market and export, revised with reference to international standards. "View details

[basic pouring of red mud separation and washing equipment for Guangxi Jingxi Tiangui alumina project] on January 6, 2021, the foundation pouring of red mud separation and washing equipment for Guangxi Jingxi Tiangui alumina project with an annual output of 2.5 million tons was completed by Qiye installation Company.

[Xinhui Baiwen annual output of 200000 tons of aluminum bars and 100000 tons of aluminum intensive processing industry poverty alleviation project] January 6, Napo County held the first batch of Baiwen Park into the park industry and Napo County January 2021 major project Xinhui Baiwen annual output of 200000 tons of aluminum bars and 100000 tons of aluminum intensive processing industry poverty alleviation project launching ceremony.

[Mingtai Aluminium: net profit in 2020 is expected to increase by 15% to 1.1 billion yuan] Mingtai Aluminum announced in the evening that it is expected to achieve a net profit of 1.05 billion yuan to 1.1 billion yuan in 2020, an increase of 15% to 20%. Downstream demand is strong, with the in-depth implementation of environmental protection policies and plastic restrictions, orders in new energy vehicles, green consumption, transportation and other areas continue to grow. The growth of the company's product sales in transportation, green consumption, medicine and other areas this year has ensured the smooth completion of the annual target, with aluminum plate, strip and foil sales of about 980000 tons, an increase of about 14%. Automotive aluminum has successfully entered the purchasing system of first-tier car companies such as Lailai and BYD.

Recently, the National Standardization Management Committee issued the fourth batch of recommended national standard plans for 2020, and two national standard projects led by Chinalco were approved. Baotou Aluminium took the lead in revising the national standard "Electrical Round Aluminum Pole" and Southwest Aluminium took the lead in formulating the national standard "fracture toughness Test method for Aluminum Alloy". It is understood that the revision of "Electrical Round Aluminum Pole" will integrate GB/T 29920-2013 "Electrical rare Earth high-iron aluminum alloy rod" with GB/T 3954-2014 "Electrical Round Aluminum Rod". Compared with the 2014 version of "Electrical Round Aluminum Rod" standard, the new standard will add product brand and corresponding chemical composition, product status, heat resistance, resistivity and electrical conductivity, and stipulate its physical and chemical properties. stronger applicability, wider coverage, conducive to the improvement of the standard system.

Recently, the National Standardization Management Committee issued the fourth batch of recommended national standard plans for 2020, and two national standard projects led by Chinalco were approved. Baotou Aluminium took the lead in revising the national standard "Electrical Round Aluminum Pole" and Southwest Aluminium took the lead in formulating the national standard "fracture toughness Test method for Aluminum Alloy". It is understood that the revision of "Electrical Round Aluminum Pole" will integrate GB/T 29920-2013 "Electrical rare Earth high-iron aluminum alloy rod" with GB/T 3954-2014 "Electrical Round Aluminum Rod". Compared with the 2014 version of "Electrical Round Aluminum Rod" standard, the new standard will add product brand and corresponding chemical composition, product status, heat resistance, resistivity and electrical conductivity, and stipulate its physical and chemical properties. stronger applicability, wider coverage, conducive to the improvement of the standard system.

[Chinalco Southwest Aluminum completes the task of production and operation for the whole year 2020] in 2020, in the face of the interweaving of the epidemic situation of the century and the changes of a century, the economic situation at home and abroad is complex, and the production and operation of enterprises are facing severe challenges. however, for Chinalco Southwest Aluminum (Group) Co., Ltd., the production and operation performance for the whole year of 2020 undoubtedly added a touch of light to the industry: the output of Southwest Aluminum enterprises increased by 3.3% over the same period last year. Product sales increased by 5.4% over the same period last year; Among them, the output, product sales and category A product sales of Southwest Aluminum Group increased by 11.4%, 13% and 18% respectively compared with the same period last year, and various operating indicators reached an all-time high.

[Piedmont Lithium shares in Sayona signed spodumene concentrate supply agreement], Piedmont Lithium will recently acquire a 19.9 per cent stake in Sayona Mining listed on the Australian Stock Exchange and a 25 per cent stake in the company's subsidiary Sayona Quebec Inc, with a total investment of US $12 million. "View details

[Castle Peak Weidabe Park in Indonesia will have 30 production lines in 2021] Xiang Binghe, chairman of Yongqing Group under Castle Peak, said in his New year's speech in 2021 that in 2020, the major parks of Yongqing Group have made good news and made gratifying achievements. Xiang Binghe said that this year, the production output of the Castle Peak Park in Morovali in Indonesia increased steadily, the output of nickel metal reached an all-time high, and now it has become the industrial park with the highest output of nickel metal in the world. "View details

[stainless steel] Jindal Steel Limited (JSL) of India said in a recent statement that the company will merge Jindal Stainless Hisar Limited (JSHL). Abhyuday Jindal, managing director of JSL, said in a statement that the merger of JSL and JSHL would simplify the capital structure and expand the combined business turnover to about $2.73 billion. The combined company will have an annual steel production capacity of 1.9 million tons, making it the only Indian company among the top 10 stainless steel producers in the world, the statement said.

[the annual production capacity of electronic grade polysilicon in Qinghai has been expanded to 3300 tons] recently, the first batch of products of the Yellow River Company's new 800 tons of electronic grade polysilicon production line were recently launched in Nanchuan Industrial Park, Xining National Economic and technological Development Zone, Qinghai Province. The annual output of electronic grade polysilicon in Qinghai can be expanded from 2500 tons to 3300 tons.

[BHP invests in green steel start-ups] mining company BHP Billiton Group (BHP Group) invested in N.A. Materials Wrap, a start-up aimed at making less polluting steel. BHP Billiton seeks to develop low-pollution steel production methods. While many in the mining industry have outlined how they plan to curb their own direct pollution, these emissions are only a fraction of those, and steelmaking is one of the world's largest emissions industries. "View details

At 2: 00 p.m. on January 10, an explosion occurred at the Wucailong Gold Mine under construction in Xicheng Town, Qixia City, Shandong Province. The shock wave damaged the ladders of the well, and the cage could not function properly. Twenty-two workers were trapped underground at the time of the accident. On January 12, the on-site rescue headquarters issued an emergency rescue report, saying that rescue work is racing against the clock, follow-up progress will be released in time, and Synchronize launched an investigation into the cause of the accident. "View details

[U.S. steelmakers and unions call on Biden to retain Trump administration steel tariffs] four industry groups representing America's top steelmakers and the United Steelworkers have urged President-elect Joe Biden to retain the steel tariffs imposed by President Trump in 2018, saying it is "critical" to the viability of the domestic steel industry. "View details

[lithium power equipment manufacturer Xinyun shares completed 400 million increase Ningde Times funds to participate in subscription] recently, Nebula shares announced that 400 million yuan of fixed increase has been completed. Among them, Ningde Times funds and Yiqi Jisheng and other industry chain investors participated in the subscription. It is reported that Xingyun Co., Ltd. is a high-tech enterprise specializing in developing, producing and selling lithium battery pack testing equipment, lithium battery pack intelligent manufacturing solutions, fuel cell testing, intelligent manufacturing solutions, energy storage intelligent converters and charging piles. "View details

[Dai Qianhui: Hongwang's key industrial new direction is a series of finishing projects] Dai Changhui, chairman of stainless steel cold rolling private giant Hongwang Group, said in New Year's Day's dedication in 2021 that Hongwang will adhere to customer-centered and market demand-oriented, continue to develop new products, continuously improve the regional layout strategy and steadily increase comprehensive production capacity, and further enrich the product structure. "View details

[India's gold imports affected by the epidemic fell to its lowest level since 2009] India's gold imports fell to its lowest level in more than a decade in 2020 as the epidemic hit demand and logistics, while rising gold prices left buyers in India, the second-largest gold consumer, on the sidelines. "View details

[Baotou rare Earth High-tech Zone makes every effort to promote high-quality economic development] since 2020, Baotou rare Earth High-tech Zone has always persisted in taking characteristic industries as the inexhaustible driving force for economic take-off, and the rare earth industry has improved its quality and strong chain. the output of new materials has maintained a continuous growth rate of more than 20%, and the design capacity of permanent magnet, hydrogen storage and polishing materials has reached 65000 tons, 10,000 tons and 24000 tons respectively, ranking among the highest in the country. Rare earth terminal application products such as rare earth nuclear magnetic resonance diagnosis and treatment instrument, permanent magnet motor, hydrogen storage battery and rare earth steel have all realized industrialization, and the industrial level and competitiveness have been greatly improved.

[Zhongke Xuanda rare earth hydrogen storage alloy project has initially formed a large-scale supply] recently, Baotou rare Earth High-tech Zone Zhongke Xuanda New Energy Technology Co., Ltd. has established a continuous and stable production process and product control system of new rare earth hydrogen storage alloy electrode materials with independent intellectual property rights in China. The products have been highly valued by many domestic well-known power battery manufacturers, and have initially formed large-scale supply.

Baotou rare Earth Research Institute has reached a technology transfer agreement with a Chengdu Science and Technology Co., Ltd. to prepare for the establishment of the first pilot production demonstration line for the monthly production of 800kg rare earth nano-thermal breaking slurry in China, with an estimated investment of 20 million yuan in the first phase.

[the two departments issued the interim measures for the Management of Intelligent demonstration Coal Mine Construction and the interim measures for the Administration of Intelligent expert Bank of Coal Mine] according to the official website of the State Energy Administration on January 12, in order to implement the guidance on speeding up the Development of Intelligent Coal Mine (Development and Reform Energy (2020) No. 283), standardize the management of intelligent coal mine construction, The State Energy Administration and the State Mine Safety Supervision Bureau jointly issued the interim measures for the Management of Intelligent demonstration Coal Mine Construction and the interim measures for the Administration of Intelligent expert Database in Coal Mine.

[the impact of the epidemic continues on the net sales of gold by global central banks in many months] according to the latest data of the World Gold Council, due to the impact of the COVID-19 epidemic and other factors, central banks around the world showed net sales of gold in November 2020. Data show that central banks around the world were net sellers in August and September last year. Last August marked the end of a monthly gold buying period that lasted for a year and a half. In November, global official gold reserves fell by 6.5 tonnes. Paul Gao, research manager at the World Gold Council, said: "just as the central bank sold net in August and September, this is the result of several large selling offsetting continued moderate buying."

Terminal information

[the 23rd batch of new energy vehicles with tax reduction for vehicles and vessels: BYD Tang, Song PLUS, etc.] the Ministry of Industry and Information Technology has issued a list of models to be released under the catalogue of energy saving and new energy vehicles enjoying vehicle and ship tax relief (23rd batch). A total of 9 plug-in hybrid passenger cars were selected in the catalogue, including BYD Tang, Song PLUS; Beijing Mercedes-Benz E350eL and so on.

[TCL denies rumors of withdrawing from the US market: core reason panel price increases affect stock availability] according to a report on South Korea's Money today website on January 4, TCL, China's largest TV maker, has recently been pulling off its shelves in large US stores, from which Samsung Electronics and LG Electronics are expected to benefit. For foreign media reports on whether TCL products have been withdrawn in US supermarkets, the relevant person in charge of TCL Electronics responded that the core reason is the increase in panel prices, and there is not enough stock at present.

[Huawei: Hongmeng OS aims to cover 300m-400m devices this year] Wang Chenglu, president of Huawei's consumer BG software division, said at the 2020 Technology list meeting on January 12 that Huawei's installed capacity of its own devices in 2021 is conservatively estimated to be 200m, or far more than 200m. Hongmeng OS will also be open to third-party devices, conservatively installing up to 100m units. Taken together, the hardware base of Hongmeng's rich equipment this year is 300 million to 400 million.

[Changjiang Storage plans to double its production this year to produce advanced 3D NAND flash memory] according to unnamed sources quoted by Nikkei Asia, Changjiang Storage plans to double production this year and produce advanced 3D NAND flash memory, and plans to increase monthly memory chip production to 100000 wafers by the second half of the year.

[Boqian New Materials: the company is developing lithium battery anode materials and promoting industrialization] Boqian New Materials said on the interactive platform that the company is developing new metal powder materials such as 3D printing metal materials, magnetic alloy materials, nickel-based superalloy materials, etc., and develop lithium battery anode materials and promote industrialization.

[semiconductors] in November 2020, global semiconductor sales reached US $39.4 billion, an increase of 7 per cent over the same period last year and 1.1 per cent month-on-month. In terms of sub-regions, sales in the Americas increased by 12.5% compared with the same period last year, China by 6.5%, and Japan by 5.1%, but Europe fell by 0.7%.