Impact tracking of metal industry with sudden epidemic situation in some areas [summary of SMM investigation]

Recently, there have been outbreaks in Tianjin, Zhengzhou and other places, and many areas have been classified as high-and medium-risk areas. according to SMM, some areas in the upper and lower reaches of the metal industry chain have been affected to a certain extent. SMM here summarizes the latest research information as follows:

SMM survey on January 10, 2022: the spot copper market in North China basically came to a standstill under the influence of the epidemic.

Affected by the epidemic in Tianjin, most local traders and downstream stopped trading. On January 10, the rising water of electrolytic copper in North China was only lowered along with the downward adjustment in other areas, showing that there was a price but no market all day, and the trading was very deserted. Downstream enterprises can still maintain production to digest their own inventory, foreign vehicles have to hold 48 hours of nucleic acid to leave Tianjin, the local logistics efficiency has dropped significantly. "View details

SMM survey on January 4, 2022: the sudden epidemic situation in Beilun District of Ningbo has little effect on the import of recycled copper.

According to SMM, there is a sudden epidemic in Beilun District, Ningbo. In order to ensure the normal turnover of goods in Beilun Port, the local government has opened a green channel, and trucks that have obtained permits can enter and leave the port. Apart from the lack of permits that may be issued and the slight shortage of transport capacity, it is expected to have little impact on the import of recycled copper. After the holiday, due to the introduction of Finance and Taxation No. 40 over the weekend, scrap copper recyclers will be required to sell with tickets, and can easily pay 3% value-added tax, making waste enterprises into a wait-and-see, reduced procurement demand, scrap copper transactions are not active. Approaching the Spring Festival, logistics gradually shut down, downstream and processing factories holiday put on the agenda, some long holidays have stopped purchasing, scrap copper consumption Yu Fa is dull, the situation is expected to continue into the Spring Festival. "View details

SMM investigation on January 10, 2022: the epidemic situation in North China and the heating season affect the rebound of alumina prices in Shanxi, Shandong and Henan provinces.

According to SMM, with the recent epidemic in the north and a change in market sentiment, buyers and sellers and traders pay more attention to the stability of alumina production and supply and the efficiency of goods shipment than in previous days. The price of alumina in northern China rebounded on January 10th, with the SMM regional weighted index of 2829 / ton, up 11 yuan / ton from last Friday. In the short term, we need to continue to pay attention to the mood changes between buyers and sellers, and whether the heating season policy will give prices an incentive to continue to rise before the Spring Festival. "View details

SMM survey on January 11, 2022: the epidemic is expected to limit production on the lead supply side

Due to the increase in the number of confirmed cases of the novel coronavirus epidemic in Henan, the province has entered a special period of epidemic prevention and control. according to SMM, some traders have suspended spot and warehouse receipt quotations and transportation in Henan. Close to the delivery warehouse, the bulk order trading is difficult, the enthusiasm of the local smelter to deliver the warehouse has been slightly improved. Under the repeated epidemic situation, Henan and Tianjin have implemented a ban policy, and the lead ingot market and the transportation of raw materials are limited, which may speed up the Spring Festival holiday of some enterprises. "View details

SMM investigation on January 10, 2022: the impact of Manganese Mine Transportation during the outbreak of epidemic situation in Tianjin

According to SMM, at present, Tianjin Port warehousing, inspection and release and other warehouses affected by the suspension of storage, most manganese ore transport has not been greatly affected. Near the end of the New year, the winter storage of some iron mills was completed at the end of December. at present, manganese ore procurement is mainly concentrated in sporadic procurement of small iron plants and large iron plants, the impact is relatively small. In addition, in this situation, the miners' price-raising mentality is not ruled out, and under the many uncontrollable factors of the epidemic, the price of manganese ore in the future may rise slightly, but more attention should be paid to the further developments and control policies of the epidemic in Tianjin. "View details

SMM investigation on January 10, 2022: transportation of chromium ore blocked during the outbreak of epidemic situation in Tianjin increases in freight

Recently, there was a sudden epidemic in Tianjin. According to SMM research, warehousing, inspection and release and other warehouses have been suspended, while most chromium ore warehouses have not been affected; in terms of expressways, due to traffic control, the entrance of G2 Beijing-Shanghai Expressway Chagu Port Toll Station (Beijing direction), Chagu Port Toll Station (Shanghai direction) and Duliu Toll Station is closed; the entrance of all toll stations of S5 Rong-Wu Expressway Link Line is closed; It is required not to leave Tianjin if it is not necessary, and personnel leaving Tianjin are required to hold nucleic acid testing within 48 hours to prove that transportation is blocked. Coupled with the increased demand for storage in some iron mills at the end of the year, the freight from Tianjin to Wulanchabu has increased by 10-20 yuan. Although the import volume of chromium ore decreased in November, the output of high-carbon ferrochromium reached a historical peak, the consumption of chromium ore increased, and the port inventory of chromium ore remained low, but the stock of raw materials in the ironworks is relatively abundant, and the price of high chromium continues to fall. Under the pressure of iron plant cost, it is difficult to close the high price of chromium ore, and the price of chromium ore remains stable as a whole. Although some iron mills have stock demand near the end of the year, the production of environmental protection in northern Shanxi is limited, the news of energy consumption double-controlled production reduction during the Winter Olympic Games in Inner Mongolia comes out, and the transaction situation of chromium ore is relatively light. Today, the northern iron works and chromium ore traders said that the epidemic in Tianjin has not had a significant impact for the time being, and it is still necessary to pay attention to the progress of the epidemic in the later stage. "View details

SMM will continue to follow up the progress and impact of the epidemic, please refresh this article!