[SMM Metal Breakfast] the metal is red in Shanghai and zinc is up more than 2% * the Philippines hits the door of mining investment again * the processing fee of aluminum bar is strong.

"[overnight market] all domestic metals are red. Shanghai zinc is up more than 2%. Copper and nickel are up more than 1%. Crude oil futures fell.

[macro foresight] pay attention to the interest rate meeting of the Federal Open Market Committee of the Federal Reserve and the profit data of industrial enterprises above the size of China in March.

Yesterday, the outer plate of metal rose 2.36%, Lun copper rose 1.67%, Lun lead rose 0.97%, Lunzn zinc rose 2.63%, Lunni rose 1.74%, Lunxi rose 1.38%, and Lunxi copper prices rose to a 10-year high on Monday. New buying was triggered by supply concerns in Chile, falling inventories, a weaker dollar and expectations of strong demand from China, a major consumer. Analysts point out that the Chilean news has helped, but the market has gained a lot of momentum based on factors such as the stock market and the dollar. The seasonal strength of Chinese demand is another factor. Domestically, international copper rose 1.85%, Shanghai copper rose 1.72%, Shanghai aluminum rose 0.76%, Shanghai lead rose 0.42%, Shanghai zinc rose 2.25%, Shanghai nickel rose 1.87%, and Shanghai tin rose 0.86%.

The dollar index fell slightly, falling to 90.68 at one point, amid speculation that Federal Reserve Chairman Colin Powell would avoid talking about scaling back bond purchases at this week's policy meeting. Powell may be asked whether the improvement in the job market and the increase in novel coronavirus vaccination mean the need to withdraw from monetary easing; most analysts expect him to say that such discussions are premature, which will Treasury yields and the dollar put downward pressure.

U. S. stocks closed mixed on Monday, with the Nasdaq hitting an all-time high. The market will have a busy week of earnings and economic data. A number of technology giants will report results this week, the Fed will make monetary policy decisions, and Biden will propose higher capital gains tax and corporate tax rates in Congress. The Dow fell 61.92 points, or 0.18%, to 33981.57; the Nasdaq rose 121.97 points, or 0.87%, to 14138.78; and the S & P 500 rose 7.45 points, or 0.18%, to 4187.62.

For crude oil, crude oil futures prices eased on Monday as the Organization of Petroleum Exporting countries ((OPEC)) and its allies said they were watching a surge in the case of novel coronavirus in India, which could undermine fuel demand in India, the world's third-largest oil importer. The OPEC Joint Technical Committee (JTC) kept its forecast for global oil demand growth this year unchanged at Monday's meeting, but was concerned about the surge in the number of new cases in India and elsewhere, according to three sources from the (OPEC) and its allies (JTC).

In precious metals, COMEX gold futures rose slightly on Monday as investors waited for the Federal Reserve to meet this week for policy clues. The (FOMC) of the Federal Open Market Committee of the Federal Reserve ends its two-day meeting on Wednesday, and although no major policy changes are expected, investors will keep a close eye on Powell's speech at a post-meeting press conference.

On Monday, the Shanghai Composite Index fell 0.95% to 3441.16 points, with a turnover of 388.162 billion. The Shenzhen Composite Index closed at 14224.45 points, down 0.89%, with a turnover of 520.278 billion. The gem index closed at 2969.40 points, down 0.84%, with a turnover of 190.211 billion. The total turnover of the two cities is 908.44 billion. On the market, pharmaceutical, coal, biological vaccines and other sectors led the increase, while beer, construction machinery, food and beverage, insurance, securities and other sectors led the decline.

LME inventory

Macro focus

The Office of the CPC Central Committee and the Office of the State Council: issue the opinions on establishing and perfecting the Mechanism for realizing the value of Ecological products. By 2025, the institutional framework for realizing the value of ecological products will be initially formed, a more scientific accounting system for the value of ecological products will be initially established, and by 2035, a perfect mechanism for realizing the value of ecological products will be established in an all-round way. We will improve the carbon emissions trading mechanism, explore pilot projects for carbon sequestration rights and interests trading, improve the system of paid use of emissions permits, and expand the types and areas of pollutant trading for emissions trading. We will explore the establishment of a trading mechanism for energy use rights, and explore the innovation and improvement of water rights trading mechanisms in key river basins such as the Yangtze River and the Yellow River.

Ministry of Industry and Information Technology: in the first quarter, the number of industrial APP exceeded 400000, the number of industrial Internet platforms with regional influence in a certain industry exceeded 100, and the number of connected industrial equipment reached 70 million sets. In 2021, efforts will be made to break through CAD, CAE and other industrial software, and promote the integration, adaptation and optimization of operating systems with chips, databases, middleware and all kinds of application software.

Central bank: on Monday, the reverse repurchase operation of 10 billion yuan for seven days was carried out. On that day, 10 billion yuan of reverse repurchase expired, achieving zero delivery and zero return.

Financial blog zero hedging comments on the monthly rate of US durable goods orders in March: preliminary data for March are expected to rebound strongly after an unexpected drop in durable goods orders in February, but the results are disappointing. In contrast to the strong growth expected to be 2.3 per cent month-on-month, durable goods orders increased by only 0.5 per cent month-on-month. Affected by the base effect, durable goods orders rose 25.6 per cent year-on-year, the biggest increase since 2014. Core capital goods orders, excluding aircraft and military equipment, are seen as a barometer of business investment, rising only 0.9 per cent after a revised 0.8 per cent decline.

[driven by capesize rates, the Baltic dry bulk index hit a 10-year high] the Baltic dry bulk index rose 20:00 or 0.7% on Monday to 2808 points, the highest since September 2010. The capesize index rose 70 points, or 1.7%, to 4262, the highest since July 3, 2020, with an average daily profit of $585 to $35347. The Panamanian Freight Index fell 44 points to 2586, with average daily profit down $396 to $23271. The index of super-convenient ships rose 23:00 to 2108, a new high in more than one month.

Today's focus

Shanghai Copper to explore where the high copper price will go? Copper prices have risen strongly since February. Although copper prices have shown a volatile trend recently, they remain high. After short-term fluctuations, they will explore their highs again today. As of press time, the main contract 2106 was quoted at 70680 yuan / ton, which once reached 70720 in intraday trading. "View details

[daily Review of recycled Copper on April 26th: the storm of production in Jiangxi has not affected the normal operation, sales and procurement] the copper price has exceeded 70, 000, downstream cables are afraid of high purchasing on demand, and the discount on superimposed recycled copper rods has quickly narrowed to about 1800 yuan / ton. traders' willingness to arbitrage goods is weak, orders of recycled copper rod factories are general, and demand for recycled copper is general, but higher copper prices make recycled copper suppliers hesitant to sell, and there is not much supply in the market. Supply and demand are tight. "View details

[Vietnam makes final anti-dumping adjudication on Chinese aluminum profiles] on April 20, 2021, the Ministry of Industry and Trade of Vietnam issued Resolution 1282 / QD-BCT, making the final anti-dumping adjudication of aluminum profiles originating in China during the anti-dumping period, adjusting the anti-dumping duty rate on the products involved to 4.39% and 35.58% (see attached table for details). The Vietnam tax codes of the products involved are 7604.10.10, 7604.10.90, 7604.21.90, 7604.29.10 and 7604.29.90. "View details

[Philippines reopens the door to mining investment] Philippine President Duterte has announced the cancellation of the moratorium on new mining agreements that began in 2012, reopening the door to new mining investment because he wants the country to earn more revenue from it. to fund infrastructure projects and other plans. "View details

[aluminum prices again rush high downstream fear of high recycled aluminum with rising weakness] Aluminum prices continue a strong upward trend, rising 120 yuan / ton, the price hit a new high, recycled aluminum prices lack momentum with the rise, relatively stable. In terms of domestic prices, the quotations of large domestic recycled aluminum enterprises remain unchanged at 17650-18150 yuan / ton; for small and medium-sized plants, the quotations remain unchanged at 17600-17800 yuan / ton. "View details

[aluminum bar spot daily review: aluminum bar processing fee is stronger than last Friday. Trading atmosphere is better than last Friday] aluminum price hit a new high. SMM aluminum price rose 140yuan / ton to 18350 yuan / ton compared with last Friday, but the processing fee in the mainstream domestic aluminum bar market is firm, and the holder is unwilling to reduce the price or even sell it at a high price. Among them, the price center of gravity in Wuxi region of East China market moves up 20 yuan / ton, while Nanchang area is relatively light due to more delivery. The price of the holder continues to decline, while the processing fee of aluminum rod in Foshan market in South China has increased by 20-40 yuan / ton, and the actual transaction is OK. Details of this morning's offer are as follows. "View details

[SMM data: domestic electrolytic aluminum inventory decreased slightly by 1000 tons to 1.139 million tons compared with the previous week.] on April 26th, SMM counted domestic electrolytic aluminum social inventory of 1.139 million tons, down 1000 tons from the previous Thursday. Inventory increases and decreases vary from place to place, mainly in Wuxi and Hangzhou, while Gongyi shows a slight accumulation due to the increase in local arrival. On the whole, the demand for major consumer areas across the country continues. "View details

[new Discovery of Erlahidi lead-Zinc Mine in Western Australia] (Rumble Resources) reported a large lead-zinc discovery at the Erlahidi (Earaheedy, longitude-25.67o, latitude: 120.71 °) project in Veruna, WA, 110km north of (Wiluna). The discovery was made during drilling at the Chinook (Chinook) target. Lead-zinc mineralization can be seen in all 26 reverse circulation boreholes, and the laboratory analysis results of two samples confirm this new discovery. "View details

According to SMM, the total inventory of lead ingots in the five places reached 66700 tons as of Monday, down 1500 tons from last Friday and 8400 tons from last Monday. [SMM data: the environmental impact of recycled lead mitigates the pace or slow down of the subsequent removal of lead ingots] as of Monday, the total inventory of SMM lead ingots in the five places reached 66700 tons, down 1500 tons from last Friday, and 8400 tons from last Monday. "View details

[SMM data: SMM Seven zinc ingots social inventory dropped 12200 tons compared with last Friday] according to SMM, as of Monday, SMM Seven zinc ingot stocks totaled 189800 tons, down 12200 tons from last Friday and 27900 tons from last Monday. "View details

[seminar on Total amount Control Indexes of rare Earth and Tungsten Mining in 2021] on April 22, the Mining Rights Management Department of the Ministry of Natural Resources organized the "Seminar on Total amount Control Indexes of rare Earth and Tungsten Mining in 2021" in Beijing. Song Quanxiang, Director Wu Jun, relevant departments of the Ministry of departments and Bureau and the Department of Raw Materials of the Ministry of Industry and Information Technology, and relevant responsible persons of 5 associations and societies in 17 provinces and regions attended the meeting. Director Wang Shitang presided over the meeting. Secretary-General Niu Jingkao and Director Shi Jie of China rare Earth Society attended the meeting. "View details

[SMM analysis: Chongqing Mayor Tang Liangzhi went to Xiushan County to investigate the environment-driven green development of the manganese industry.] according to SMM, in April, the mainstream areas of the manganese triangle were subject to environmental supervision and operation, and the overall production and transaction performance did not reach the trend of full production and optimism. However, through the electrolytic manganese alliance to reduce production and stop production in the first quarter of this year, the spot price of manganese was basically maintained at around 16000 yuan per ton, and another 4 was close to May Day short holiday. The week before the festival, there is no more demand release in the market except for rigid demand procurement, so most operators believe that within a reasonable range, combined with the impact of market supply and demand, manganese prices may fall. "View details

[nickel Pig Iron Trading Daily Review] the mainstream bidding price of steel mills fell to 1060-1070 yuan / nickel point (including tax to the factory), and the psychological purchasing price of some small steel mills fell below 1050 yuan / nickel point (including tax to the factory). However, there are still iron mills to maintain high quotations, in the case of loose supply in the market, high prices are more difficult, the price of Nickel Iron and Steel has a tendency to continue to decline in the short term. "View details

[SMM analysis: scrap stainless steel resumes import about 16000 tons of scrap stainless steel in March] according to customs data, the import of scrap stainless steel was stopped after September 2017, but in March 2021, the import of scrap stainless steel resumed. The total import volume of scrap stainless steel in March was about 16787 tons, with imports of 9767399 US dollars. Among them, the main source of imports are Japan and Malaysia, accounting for the total import. "View details

[SMM Ferro Chromium Daily Review] on April 26th, the market quotation for high-carbon ferrochromium was very few, which fell more than expected by large stainless steel factories yesterday. Tiechang and traders said that they would wait and see today, and the very low price was difficult to accept for the time being, and the spot in central and southern China was still tight, and the factories that stopped production in Guangxi had not been allowed to resume production, and the electricity price would rise by 0.08 yuan / kWh in some parts of Guangxi in the future. It is reported that the local backward production capacity clearance documents are being studied, the future supply and demand situation of high-carbon ferrochromium market is complicated and confusing; Today's SMM high-carbon ferrochrome website quotation adjustment only shows the trend, not direct transaction quotation.

[daily summary of iron ore market] Liantie is running strongly, with the main contract I2109 rising more than 5% in intraday trading, breaking the previous high to 1166. The port spot price in early trading is about 45-60 yuan / ton higher than last Friday, and the bargaining room is limited. The turnover of PB powder in Shandong was 1290 yuan / ton, up 50-55 yuan / ton from last Friday and about 30 yuan / ton from Sunday's transaction price. Some steel mills are more cautious in purchasing due to high prices, while some businesses are optimistic about the future, and the room for bargaining is still limited. "View details

[SMM News: ferrous metal collective high-open iron ore rose more than 4% thread hot coil rose more than 3%] Thread, due to the good expectation of the market demand for stock before May Day, the market mentality is relatively optimistic, with the help of steel mills, the rising atmosphere is strong, and the number of inquiry orders is significantly increased. However, a weakening trend in fundamentals has emerged, production has rebounded, inventory deregulation has slowed, and the decline in the table needs to be expanded. And May has entered the off-season of seasonal consumption, beware of the periodic correction of prices caused by the pressure of accumulation after the festival. "View details

[China Iron and Steel Association: environmental Protection of member Enterprises in March 2021] from January to March 2021, the total water consumption of member production enterprises was 22.525 billion cubic meters, an increase of 8.86 percent over the same period last year. The reuse rate of water was 98.04%, an increase of 0.01 percentage points over the same period last year. The consumption of new water per ton of steel was 2.34 cubic meters per ton, down 4.61 percent from the same period last year. The total amount of effluent decreased by 9.28% compared with the same period last year, and the emissions of chemical oxygen demand, volatile phenol, total cyanide, suspended matter and oil in the effluent decreased by 9.35%, 24.24%, 21.56%, 11.25% and 16.18%, respectively. "View details

[SMM high titanium slag spot KuaiBao: market bullish sentiment is high high titanium slag price is facing an increase] the domestic mainstream quotation of high titanium slag is 7600-8100 yuan / ton the price is the same as last Friday. "View details

[SMM magnesium ingot spot KuaiBao: slow growth rate magnesium price steadily up] Fugu 90 magnesium ingot factory mainstream transaction price 17200-17300 yuan / ton, 95B magnesium ingot mainstream factory price 17500-17700 yuan / ton; Wenxi area mainstream transaction price 17500-17700 yuan / ton, 95B magnesium ingot mainstream transaction price 17900-18100 yuan / ton; the overall market price is 100 yuan / ton higher than yesterday. Today, magnesium ingots maintain the growth trend, on the one hand, there are transactions at the weekend to follow up, downstream for the current price …. "View details

[SMM April 26 Lithium Carbonate spot KuaiBao: domestic electric carbon supply rose 62% month-on-month in March and prices began a correction] the price of battery-grade lithium carbonate was lowered by 1000 yuan / ton, and the mainstream transaction price was 1.1% lower than the average price of the previous day, and the mainstream transaction price was in the range of 87000-91000 yuan / ton. Recently, there has been an obvious decline in demand for 3C digital terminals in China; on the supply side, the domestic output of battery-grade lithium carbonate in March was about 10620 tons, an increase of 62% over the previous month, downstream procurement demand diluted, and some smelters began to accumulate stocks slightly, and the transaction price decreased slightly. "View details

[SMM antimony oxide import and export tracking] according to customs data, China imported 33.31 tons of antimony oxide in February 2021, down 45.53% from the previous month. China's exports of antimony oxide in February 2021 were 3078.42 tons, down 35.79 percent from the previous month. "View details

[minutes of the meeting? interpretation of recent market hotspots and prospects of the steel market in the second quarter] from January to April, the price of steel is stronger than that of raw materials, and the hot coil has become a black star variety. Hot roll futures rebounded by more than 30% from lows, while thread futures rebounded by 27.6%. At the raw material end, the futures price of iron ore and coking coal rebounded by more than 17%. At the same time, the profit of the black industry chain is greatly expanded. "View details

Important news of metals and industry

[lithium copper foil "rising" sound of 6 μ m has become the mainstream of the market, giant capacity expansion has been "imminent"] Lithium copper foil enterprises are basically in a state of full-load production, the market is in short supply, enterprise orders are basically full, and the first half of the company's orders are basically full. In fact, this is no longer a secret, because the supply of PCB falls short of demand, but the production capacity of the upper reaches of the industrial chain is limited, which leads to the price of copper clad laminate, copper foil and other materials continue to rise since the beginning of this year. "View details

[Luoyang Copper processing reached an all-time high in April, the monthly output of copper processing materials exceeded 10,000 tons] on April 25, the monthly production task of Chinalco Luoyang Copper processing Co., Ltd. ended perfectly, and the monthly output of copper processing materials exceeded 10,000 tons. The highest in the company's history.

[strengthening the recovery and utilization of waste aluminum cans to help achieve the goal of "double carbon" at an early date] by the end of 2020, the amount of primary aluminum extracted in the world has reached 1.55 billion tons, and there are still more than 1.3 billion tons in use. The life cycle of aluminum is generally 20a30a, and the life cycle of 25%Al is more than 50a. Global primary aluminum production 64Mt in 2018. The output of recycled aluminum accounts for 18.8% of the original aluminum output and 15.8% of the total aluminum output (76Mt). According to a report by (European Aluminium, EA), the European aluminum industry association, in 2018, the carbon footprint of European primary aluminum was 8.6 tons of CO2 eq/t aluminum, while the greenhouse gas (GHG) emissions of recycled aluminum were only 0.5 tons of CO2 eq/t recycled Al. The greenhouse gas emission of recycled aluminum is lower than that of original aluminum by 8.1t/t. "View details

[Egyptian aluminum exports grew 25 per cent from January to February this year] according to the Egyptian Pyramid online website, the Egyptian Building Materials Export Committee released a monthly report saying that aluminum exports rose 25 per cent to $126 million from January to February 2021, compared with $101 million in the same period in 2020. According to the report, Italy ranked first in aluminum imports, with US $59.928 million, compared with US $53.648 million in the same period in 2020, an increase of 12%.

[zinc, aluminum and magnesium in Jiuquan Iron and Steel Co., Ltd. successfully stepped into the field of surface photovoltaic] in early March this year, after seeing the application areas and performance requirements for submitting orders, the R & D team and technicians in the carbon steel sheet plant of Hongxing Co., Ltd. frowned. The other side asked for the coating to reach 450 grams per square meter. Compared with the normal support on the ground, the surface photovoltaic support requires higher corrosion resistance, which means that the coating should be thicker. "the production of zinc-aluminum-magnesium products of this specification is the first time for the galvanizing line of Jiuquan Iron and Steel Co., Ltd., and it is necessary to fight an uphill battle to overcome the difficult problem." "View details

[camel shares: the net profit in the first quarter tripled compared with the same period last year. The effect of fee control is remarkable. In the first quarter of 2001, the company achieved total operating income of 3.23 billion, an increase of 89.8% over the same period last year. Net profit belonging to listed shareholders was 280 million, up 321.9% from the same period last year. During the period, the expense rate decreased by 5.2%, the effect of cost control was remarkable, the operating cost increased significantly, and the operating cash flow decreased by 161.6%. "View details

[zinc shares: first-quarter net profit rose 123.5% year-on-year, mainly due to work returning to normal after the epidemic] on April 21, Zinc Co., Ltd. announced its results for the first quarter of 2021. According to the financial report, the company achieved total revenue of 1.86 billion, an increase of 36.3% over the same period last year, and a net profit of 35.355 million, an increase of 123.5% over the same period last year. The company's operating cost in the first quarter of 2021 was 1.72 billion, up 36% from a year earlier, lower than the 36.3% growth in operating income, resulting in a 0.2% increase in gross profit margin. The rate of expenses during the period is 5%, which is 0.5% lower than that of last year. Operating cash flow increased from-310 million to 39.689 million, up 112.9% from the same period last year. "View details

[Sichuan Yahua increased lithium hydroxide production capacity to 50,000 tons 2020 net profit soared 351.79%] Sichuan Yahua Industrial Group announced that due to the growing demand for lithium salt products, in order to continue to meet the needs of downstream customers, it plans to make appropriate adjustments to its original investment project-- "additional annual production of 20, 000 tons of battery-grade lithium hydroxide, 11000 tons of lithium chloride and its products". Increase the capacity of battery-grade lithium hydroxide from the initial 20, 000 tons to 50, 000 tons, which remains unchanged. "View details

[Dangsheng Technology first quarter net profit 150 million plans to increase no more than 4.645 billion plus cathode materials] on the evening of April 21, Dangsheng Technology (300073) disclosed that the company's total revenue for the first quarter of 2021 was 1.26 billion, an increase of 203.9% over the same period last year. The net profit of returning to the mother was 150 million, an increase of 353.5% over the same period last year, and earnings per share was 0.33 yuan. Dangsheng Technology said that the company's operating revenue increased by 203.94% in the first quarter compared with the same period last year, mainly due to a substantial increase in sales of lithium cathode materials and a sharp increase in revenue compared with the same period last year. "View details

[Sitong New Materials: the first quarter net profit increased by 45% compared with the same period last year.] Today, Sitong New Materials announced that the net profit in the first quarter of 2021 was 133 million yuan, an increase of 45.02% over the same period last year. The main reason is that affected by the epidemic of novel coronavirus in 2020, it gradually recovered in the first quarter of 2021, and the operating income and net profit of shareholders belonging to listed companies increased accordingly. "View details

[the business of high-performance NdFeB permanent magnet materials has greatly increased the perfect answer paper for Zhenghai Magnetic Materials in the first quarter of 2021] according to the first quarter results report of 2021, the operating income of Zhenghai Magnetic Materials in the first quarter of 2021 was 621 million yuan, an increase of 78.29% over the same period last year. The net profit was 29 million yuan, an increase of 114.57% over the same period last year. "View details

[Xiamen tungsten industry's first-quarter net profit increased by 327.5% compared with the same period last year. Rare earth product prices rose to profit] recently, Xiamen tungsten industry released its first-quarter 2021 results report. According to the report, the operating income was 6.2975 billion yuan, an increase of 78.11% over the same period last year, and the net profit was 308 million yuan, an increase of 327.5% over the same period last year. "View details

[Soochow Securities: Shenghe Resources continued to exceed expectations] Shenghe Resources issued an announcement in 2020 and an announcement in the first quarter of 2021: operating revenue of 8.16 billion yuan in 2020, an increase of 17.2% compared with the same period last year. The net profit belonging to shareholders of listed companies in 2020 was 320 million yuan, an increase of 218.4% over the same period last year, which was better than we expected. The company's revenue in the first quarter of 2021 was 2.35 billion yuan, an increase of 32.3% over the same period last year, and its net profit was 310 million yuan, an increase of 2787.4% over the same period last year. "View details

[Jiangsu on the relevant iron and steel enterprises to stop the implementation of some project indicators ultra-low emission differential electricity price] according to the "Provincial Development and Reform Commission Provincial Ecological Environment Department on the implementation of ultra-low emission differential electricity price policy for iron and steel enterprises" (Su Fa Reform Price (2020) No. 1135) regulations and the Provincial Ecological Environment Department on printing and sending the project list of iron and steel enterprises to implement ultra-low emission differential electricity price in April 2021 Letter "(Su Huan memo (2021) No.351), It is now decided that for Nanjing Iron and Steel Co., Ltd. and Jiangsu Yonggang Group Co., Ltd., which have completed the transformation and evaluation and monitoring of "organized emissions", Jiangsu Changqiang Iron and Steel Co., Ltd., which has completed the transformation, evaluation and monitoring of "clean transportation", will stop implementing part of the project targets (see Annex for details). "View details

During the reporting period, the company realized operating income of 793.3455 million yuan, an increase of 92.03% over the same period last year, and a net profit of 101.3995 million yuan belonging to shareholders of listed companies, an increase of 183.53% over the same period last year. The net profit belonging to shareholders of listed companies was 91.2172 million yuan after deducting non-recurring profits and losses, an increase of 153.98% over the same period last year. "View details

Quick look! Baotou City issued rare Earth related support policies related enterprises can receive subsidies of up to 3 million] Baotou City recently issued relevant support policies, in order to promote the high-quality development of new rare earth materials and application industries, and create a new highland for the innovation and development of the country's rare earth industry. They are land compensation policy, fixed assets investment reward policy, raw material supply bonus policy, electricity price preferential policy, research and development, application of new technology reward policy, financial support policy, fiscal and tax policy. "View details

[Debang Securities: the price of rare earths benefiting from the use of renewable resources by Huahong Technology] since 20Q4, the price of rare earths has continued to rise, 21Q1 praseodymium and neodymium oxide rose 70% year on year, and the prices of heavy rare earths such as dysprosium oxide and terbium oxide have increased even more, which is expected to increase the company's gross profit margin while The company's 21Q1 profit is significantly + 768% compared with the same period last year, and H1 is expected to make a profit of 240,280 million (+ 219% and 272% compared with the same period last year), and the rare earth recycling business will contribute most of the increment. "View details

On April 23, China Baoan examined and passed the motion on the transfer of the equity of subsidiary companies of Bertre (Tianjin) Nanomaterials Manufacturing Co., Ltd. And Jiangsu Bertre Nanotechnology Co., Ltd. Bertre plans to sell lithium iron phosphate related assets business to Longyi Technology Joint Venture Company for 844 million yuan. "View details

[Canada's first rare earth miner launches mining business] Sydney-based Australia's Vital Metals has officially launched the Nechalacho rare earths project in Northwest Canada, which makes Vital Metals the first Canadian producer of rare earth elements for electric vehicles, aerospace, defense and electronics, and will be the second rare earth miner in North America. The company's goal is to develop the world's highest-grade rare earth deposit and the only rare earth project that can be processed only through ore separation. "View details

From April 24 to 25, Xiao Yaqing, secretary of the party leading group and minister of the Ministry of Industry and Information Technology, went deep into Ruijin City, Yudu County, Ganxian District, and Ganzhou Economic Development District to investigate industrial development and carry out party history study and education. Xiao Yaqing and his entourage successively came to some rare earth enterprises and scientific research institutes in Ganzhou for on-the-spot investigation, went to the workshop, asked about production, and made innovations, and learned deeply about industrial development, especially the development of rare earths, electronic information, intelligent manufacturing, and other industries. "View details

[Tianjin promulgates the list of medium (industrial) frequency furnaces in 2018 (attached list)] in order to implement the Circular of the General Office of Tianjin Municipal people's Government on issuing the implementation Plan of Tianjin to strictly prevent the resurgence of "Strip Steel" (Tianjin political Office letter (2020) No. 19, hereinafter referred to as the "notice") and the relevant ministries and commissions of the state to strictly prevent the resurgence of "strip steel", our city has carried out the work of updating the list of medium (industrial) frequency furnaces in 2020. With the strong support of various districts, a large number of verification and inspection work has been carried out in each district, and the furnace body list of medium (industrial) frequency furnaces in this area has been formed. "View details

[ironmaking Department of Handan Iron and Steel Co., Ltd., Handan Iron and Steel Co., Ltd.] in view of the current situation of improving iron and steel market, the ironmaking department of Handan Iron and Steel Co., Ltd. firmly seize the current golden season of smelting, establish an efficient production organization model, increase horsepower to increase output, and concentrate on promoting production to a new level on the basis of the production level in March. "View details

[Tangshan withdrew 6.05 million tons of steelmaking capacity and 4.42 million tons of ironmaking capacity last year] A few days ago, the Tangshan Bureau of Industry and Information Technology issued the Yearbook of Tangshan Metallurgical Industry. The yearbook shows that in 2020, Tangshan successfully completed the task of eliminating steel production capacity, reducing steelmaking capacity by 6.05 million tons and ironmaking capacity by 4.42 million tons. "View details

[BHP Billiton thinks full-year iron ore production may exceed expectations] BHP Billiton Group Co., Ltd. said recently that it expects annual iron ore production to exceed its forecast. although bad weather and planned maintenance of operations in Western Australia reduced production by nearly 2% in the third quarter.

[rebar prices are strong and steelmaking profits are not over] for rebar, the real estate sector is the downstream industry that accounts for nearly 30% of the final demand plate, and it is also the downstream with the most significant fluctuations. Therefore, the research on the business cycle and start-up rhythm of real estate is the top priority of demand-side analysis for the spot market price of rebar period. "View details

[Shangang Rizhao Company was qualified as a supplier of Saudi Aramco.] on April 3, Shangang Rizhao Company passed the supplier qualification examination of Saudi Aramco Oil Company and officially entered its supplier list. it can supply hot-rolled coil and medium and heavy plate pipeline steel, marking a new breakthrough for Rizhao Company in expanding the international market. For the enterprise to integrate into the "Belt and Road Initiative" construction and expand overseas market share, It is of great significance to improve the comprehensive competitive strength and benefit level. "View details

Terminal information

[Longji's 2020 revenue of 54.58 billion yuan of silicon wafers continues to reduce costs and increase efficiency] the performance increased by 62% in 2020 and 34% in the first quarter of 2021. In 2020, the revenue was 54.58 billion yuan (+ 66%), the attributable net profit was 8.55 billion (+ 62%), the cash flow of business activities was 11.01 billion yuan (+ 35%), and the weighted ROE reached 27.23% (+ 3.30pcts).

[Musk: semiconductor shortage is a huge problem. At present, most of the supply chain problems have been solved. Tesla CEO Elon Musk said that semiconductor shortage is a "huge problem". At present, most of the supply chain problems have been solved. Production at the Texas factory is limited this year and will be mass produced next year. The new Model S car is likely to be mass produced in the third quarter of next month. Tesla CEO Elon Musk says the, Model Y is likely to be the best-selling car (car or truck) by 2022; the company aims to produce 500000 Model 3s a year.

(the global "chip shortage" of Cisco CEO: will not make its own chips for another half a year) affected by the Covid-19 pandemic and other factors, the "chip shortage" has continued to ferment in the past few months, and many companies have been forced to postpone production. And this situation may be difficult to alleviate in a short period of time. Chuck Robbins (Chuck Robbins), CEO of Cisco Systems, said the global chip shortage is expected to continue for most of this year.

[great Wall Motor issued a clarification announcement that the suspension of production due to "lack of core" is not true. Recently, there are media reports that Great Wall Motor has encountered capacity bottlenecks due to the shortage of chips. In May and June, the two major production bases in Chongqing Yongchuan and Xushui are facing shutdown, affecting a number of popular models, including Harvard H6, Great Wall Gun, Tank 300, and so on. On the evening of April 25, Great Wall issued a clarification notice saying that the above news reports were not true after verification.

[Shenzhen: 5G enterprises such as 5G network equipment chips will be given priority support] Shenzhen issued "several measures to accelerate the High-quality Development of the 5G whole Industry chain (Public draft for soliciting opinions)", and intends to focus on breaking through 5G network equipment chips. it is also proposed to identify 5G enterprises with an annual output value of not less than 10 billion yuan as pilot enterprises and give them key support.

[Daimler raises its profit forecast by 2021 that chip shortages may continue to affect sales] Daimler expects the group's operating profit in 2021 to be much higher than in 2020, with adjusted profit margins for Mercedes-Benz and commercial vehicle business (Mercedes-Benz Cars & Vans) at 10-12 per cent, higher than the previous forecast of 8-10 per cent. However, Daimler warned that global semiconductor shortages could continue to affect its car sales in the second quarter.

[Mitsubishi Motors cut global production by 16000 vehicles in May] Mitsubishi Motors will cut production of as many as 16000 vehicles worldwide next month because of chip shortages, a Mitsubishi spokesman said on April 23. From March to May, Mitsubishi lost nearly 30,000 cars due to lack of cores.

[the Opel battery plant will be able to supply batteries to 500000 cars a year] Michael Lohscheller, Opel's chief executive, said he planned to build a battery plant in Kaiserslautern, Germany, which is scheduled to be online in 2025 and will supply batteries to 500000 cars a year when it is fully operational.

[Porsche plans to build an electric car battery factory in southern Germany] the chief executive of Porsche, a luxury sports car subsidiary of Volkswagen Group, revealed in an interview that the company plans to build a plant in Tubingen, Germany, to produce high-performance batteries for electric cars, so as to accelerate the development of its electric vehicles.