Minutes of SMM Bronze Morning meeting: real-time update, please refresh and view
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Minutes of SMM Aluminium Morning meeting: real-time update, please refresh and view
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Minutes of SMM lead Morning meeting: real-time update, please refresh and check
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Minutes of SMM Zinc Morning meeting: real-time update, please refresh and view
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SMM Tin Morning News: on the market trend, the trend of 2202 contracts rebounded after the opening of night trading up to around 314000 yuan / ton, followed by a slight decline in prices to maintain horizontal trading volatility narrowed. Short-term funds first leave the market to drive a small reduction in positions. To sum up, the supply and demand before the festival is relatively stable and does not change much, and the digestibility of market demand should be paid attention to after delivery products enter the market.
"Huxi rebounded slightly and a small amount of funds left the market [SMM Tin Morning News]
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Minutes of SMM Nickel Morning meeting: real-time update, please refresh and view
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Summary of SMM Steel Morning meeting: SMM analysis, near the Spring Festival holiday, steel mills before the festival replenishment gradually completed, port trading volume tends to decline; but port inventory remains high, iron ore supply and demand weak pattern remains unchanged. In addition, with the continuous rise in the prices of iron ore and coke at the end of raw materials, the profits of steel mills have shrunk, suppressing the rise in mineral prices. Superimposed Tianjin, Henan Anyang and other places are disturbed by the epidemic, production and transportation are restricted; iron ore prices may be weak in the short term.
"Macro-industrial data released in black are collectively frustrated [minutes of SMM Steel Morning meeting]
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Crude oil: international oil prices rose slightly on Monday, hitting an intraday high of $86.71 a barrel, the highest in more than three years, as investors bet that global supply would remain tight, but production constraints in major oil-producing countries were partly offset by an increase in Libyan production. However, according to the latest data released by industry analyst OilX, Kazakh oil production, one of the OPEC+ members, has rebounded strongly and has now returned to normal levels, which is expected to exert some pressure on oil prices in the future.
On the dollar side: on Monday, the dollar continued its gains on Friday, closing up 0.1% at 95.256. The outlook for tough interest rates has supported the dollar to continue to rise, but its upward momentum has begun to weaken. The US stock market was closed for the "Martin Luther King Day" on January 17 and resumed normal trading on Tuesday, January 18.
Today, the macro aspect focuses on data such as the unemployment rate in the UK in December, the ZEW economic climate index in the euro zone in January, and China's pipeline natural gas imports in December.
Metal market: the outer disk metal is mixed, Lun copper, Lun aluminum, Lunxi rose together, Lunchu slightly rose 0.39%, Lunxi smoothly turned red overnight after two consecutive trading days, and recorded a rise of as much as 2.48%. Shanghai tin and its Synchronize rose 2.56 per cent overnight, leading the two markets higher. Most of the metal in the inner plate is green, with the exception of Shanghai tin, Shanghai aluminum is only two floating red, a slight increase of 0.02%. Other varieties fell to varying degrees, with the largest drop of 0.47% for zinc in Shanghai, more than 0.2% for lead and copper in Shanghai, and 0.07% for nickel in Shanghai.
In terms of black, the stainless steel night plate fluctuated upwards, closing up 1.39%. Iron ore rose slightly by 0.35%. Thread and hot coil both fell by more than 0.4%. The night market of double coke continued to fall, and the coke plate hit a low for the year, closing down as much as 1.56%. The price of coking coal is stable at 2229 yuan / ton.
Precious metals: COMEX gold futures rose slightly and held steady around 1820 as market participants weighed the outlook for global economic policy as inflation-based demand for gold offset hawkish comments by Fed officials in support of dollar and Treasury yields.
[SMM Annual Review: insight into the inventory ups and downs behind the metal price turmoil in 2021 and the trend of the market wind in 2022] back to the inventory trend that is closely related to prices, different items have their own characteristics, but in the second half of 2021, there is always one word: go to the warehouse. Either tired first and then go to the library, such as copper, zinc, tin, or each time is for the next time to go to the library, such as aluminum, nickel, or a long library only for the purpose of going to the library, such as lead. SMM looks back on 2021 with you to gain insight into the inventory ups and downs behind the metal price volatility and to look forward to the market in 2022. "check out the details.
[SMM Analysis: arrangements for Spring Festival Holiday in 2022 Copper Industry chain] with only half a month to go before the 22-year Spring Festival holiday, sporadic outbreaks occur frequently in various regions. How is the actual holiday time for enterprises and the situation of stock preparation? the SMM Copper Research Group brings you the latest market news. "View details
[SMM data: SMM data weekend national mainstream copper market inventory increased by 5900 tons] as of Monday, January 17, SMM national mainstream copper market inventory increased by 5900 tons to 92500 tons compared with last Friday, has increased inventories for seven consecutive weeks on Monday, and the increase shows signs of acceleration. Inventories in all parts of the country decreased slightly over the weekend in Shanghai and Tianjin, while inventories in Guangdong and Jiangsu increased, with little change in other regions. "check the details.
[SMM analysis: alumina cost dropped 13.5% month-on-month at the end of the fourth quarter of 2021 industry-wide profit maintenance] according to SMM data, the weighted average complete cost of alumina at the end of the fourth quarter of 2021 was 2604 yuan / ton, which was 407 yuan / ton lower than that at the end of the third quarter, a decrease of 13.5% and an increase of 14.7% over the same period last year. The average price of SMM alumina in December 2021 is 2973 yuan / ton. Alumina maintains the profit situation of the whole industry. Due to the different costs of each plant, the profit space varies from 100 yuan / ton to 550 yuan / ton. "check the details.
[SMM data: domestic electrolytic aluminum social inventory dropped 2000 tons to 722000 tons compared with last Thursday.] on January 17, 2022, SMM counted domestic electrolytic aluminum social inventory of 722000 tons, down 2000 tons from last Thursday. In Nanhai, Hangzhou, Gongyi and Chongqing, electrolytic aluminum inventory began to accumulate at an inflection point, and Wuxi warehouse owners began to accumulate due to less arrival of goods. "check the details.
[SMM research: regional supply disparities expand lead ingot stock decline] according to SMM research, as of January 17, SMM lead ingot stocks in the five places reached 90500 tons, down 1600 tons from last Friday and 1200 tons from Monday. "check the details.
[SMM data: SMM Seven zinc ingots social inventory increased by 3100 tons compared with last Friday] according to SMM, as of Monday, SMM Seven zinc ingot stocks totaled 126200 tons, up 3100 tons from last Friday and down 3100 tons from last Monday. "check the details.
[SMM Analysis: list of Spring Festival holiday time for SMM die-casting zinc alloy enterprises] the holiday time for die-casting zinc alloy enterprises before the Spring Festival is mostly concentrated around the middle of January. Some die-casting zinc alloy enterprises in Ningbo have stopped production and holiday ahead of schedule in mid-December because of the previous epidemic. "View details
[SMM analysis: Shanghai zinc once fell close to 2%: tired storage, light consumption, enterprises have early holiday expectations] according to SMM research, due to the epidemic and some enterprises have early holiday, the start of zinc downstream has weakened as a whole. According to SMM research, the fermentation of the recent epidemic in Tianjin has made the already light consumption of galvanizing even worse. The Spring Festival this year is earlier than in previous years, superimposed production restrictions on environmental protection in the north, and overall consumption is poor, enterprises have the expectation of a holiday ahead of schedule, the overall transportation and production of the epidemic is limited, and some small and medium-sized enterprises have had a holiday one after another last week. Most enterprises have basically completed their holidays this week, and large enterprises will enter their holidays around Little year (1.25) at the latest. Generally speaking, the weakening of zinc prices today is mainly due to the accumulation of storage and light consumption downstream, and the follow-up will still be expected. SMM believes that in the short term, the domestic zinc market faces pressure to accumulate stocks in January, but in the long run. "check the details.
[annual Review: 2021 Zinc inventory "ups and downs" what is the peak in the first quarter of 2022? Looking back at the zinc market in 2021, zinc prices have come out of a roller coaster in a steady state, and the first rise of the year's limit, which was caught off guard in mid-October, also sparked heated debate in the industry. At the same time, the domestic zinc ingot inventory, but also out of the lead inventory diametrically opposite trend. Looking forward to 2022, it is still difficult for domestic smelters to increase production in the first quarter. SMM expects domestic refined zinc production to increase by 100 tons to 513400 tons month-on-month in January 2022. "View details
[daily Review of Nickel Pig Iron Trading: the transaction price of Nickel Iron will fall slightly during the Spring Festival to the follow-up transaction.] on January 17th, the average price of SMM high nickel pig iron was 1362.5 yuan per nickel point (including factory tax), which was the same as that of the previous day. During the day, the two steel mills in East China traded a total of tens of thousands of tons of high-nickel pig iron, and the transaction price was in the range of 1370-1380 yuan / nickel point (including tax to the factory), and the nickel-iron transaction price dropped slightly compared with the previous period. "View details
[SMM analysis: Tonga volcano eruption causes tsunami risk Africa-China shipping has not been affected] 12:27 (Beijing time) on January 15, 2022, Tonga sea area Hunga Tonga volcano (20.5 °S, 175.4 °W) erupted and triggered a large-scale tsunami, an undersea volcano erupted again after it erupted on the 14th. According to foreign media reports, Tonga's Internet and telephone lines have suffered widespread failures since the tsunami swept through Tonga, making it difficult for 105000 residents across the territory to get in touch with the outside world. "check the details.
[SMM data: China's output of ternary materials in December 2021] the output of ternary materials in China was about 47347 tons in December 2021, an increase of 10.6% from the previous month and 61.5% over the same period last year. On the supply side, the new production capacity of some manufacturers superimposed the impulse factor at the end of the year, and the supply increased. On the demand side, battery factories and material factories all have pre-holiday stock, and some manufacturers consider that the price of raw materials is rising too fast, and there is a certain degree of order moving forward; in addition, some overseas battery factories consider the impact of logistics before the year, and the overall order increases slightly. "check the details.
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[Foshan stainless steel daily review: stainless steel spot stable in weak SS contract Synchronize] on January 17, spot prices of all departments in Foshan market were basically stable, and transactions were relatively flat. Due to the approach before the festival, the market basically did not have any market expectations, and the downstream has basically entered a state of holiday, but the current market inventory is low. "check the details.
[SMM Daily Review: cost floating ferrochrome manufacturers increased confidence] on January 17, Inner Mongolia high-carbon ferrochrome quoted price of 8100-8300 yuan / 50 base tons, the same as the previous trading day; coke, chromium ore freight rose one after another, ferrochrome costs moved up, coupled with the southern iron plant production reduction, the northern Winter Olympic production restrictions news, ferrochrome supply is expected to decline, although there is no significant improvement in recent transactions, but still give ferrochrome manufacturers a certain confidence in price; In the later stage, we should pay attention to the landing of the production reduction news of the Winter Olympic Games and the resumption of production of the steel plant at the demand end. "View details
[SMM Daily Review: countermeasures for the epidemic situation related to Chrome Mine Transportation clear Land Transport cost cooling] on January 17, 2022, the spot price of 40-42% refined powder in South Africa is 30-30.5 yuan / tonnage; the spot price of 42-44% refined powder in South Africa is 35-36 yuan / tonnage; the spot price of 40-42% raw ore in South Africa is 40.5-42.5 yuan / tonnage; The spot price of 40-42% ore in Turkey is 59-60 yuan / tonnage, which remains the same as yesterday. . "View details
[SMM Coke spot Daily Review: it is more difficult to raise and land coke in the fourth round] overall, steel mills are still actively purchasing coke, supporting the optimism of coking enterprises, but the Winter Olympic Games are about to be held, some steel mills are expected to limit production, and now the profits per ton of steel are low, steel mills are less willing to accept the fourth round of coke increase, and the coke market is expected to operate temporarily in the short term. "check the details.
[spot comment on SMM thread: black series greatly frustrated spot prices of building materials] the spot price fell 2.04% on January 17th, the spot price was mixed, the northern price was relatively strong, Beijing, Tianjin, Shijiazhuang all showed a certain rise, the performance in eastern China was weak, and the spot price fell 10-30%. Sub-regional point of view, Hangzhou morning quotation temporarily stable, intraday snail down with the period, down 10-20, the terminal holiday one after another, the transaction is poor. "check the details.
[SMM analysis: crude steel output increased by 24.4% month-on-month in December, the mainstream transaction price maintained at about 8000 yuan / ton] according to the National Bureau of Statistics, crude steel output in December was 86.19 million tons, an increase of 24.4% over the previous month, and a decrease of 6.8% from January to December. Crude steel output from January to December decreased by 3.0%; Steel output in December was 113.55 million tons, an increase of 12.4% over the previous month, a decrease of 5.2% from January to December, an increase of 0.6% over the same period last year, and pig iron output in December was 72.1 million tons, an increase of 16.8% over the previous month. "check the details.
[SMM Manganese Mine Daily Review: at the beginning of the week, manganese ore market wait and see] January 17, the northern port: Australia mine 43-44 yuan / tonnage; South Africa hemicarbonate mine 32.5-33.5 yuan / tonnage; Gabon mine 40.5-41.5 yuan / tonnage; Brazil mine 41-42 yuan / tonnage; South Africa ferromanganese mine 33-34 yuan / tonnage. Southern ports: Australian mine 43-44 yuan / tonnage; South African hemicarbonate mine 35-36 yuan / tonnage; Gabon mine 41-42 yuan / tonnage; Brazilian mine 42-43 yuan / tonnage; South African high iron ore 34-35 yuan / tonnage. At the beginning of the week, the market is relatively calm, the quotation is temporarily stable last week, wait and see mainly. "check the details
[SMM Silicon Manganese Daily Review: market quotation confusion is mainly dominated by long Association orders] January 17, the northern market silicon manganese 6517 (cash) 8050-8300 yuan / ton, the southern market silicon manganese 6517 (cash) 8150-8350 yuan / ton. At present, the market quotation is chaotic, there are more spot sales, and most manufacturers give priority to long Association orders. In addition, except for the news of production restrictions in Wulanchabu Tianpi Mountain Park last week, production in other areas is normal. SMM believes that in the short term, all parties are more willing to prepare goods at the end of the year, and silicon and manganese prices may be stable and strong. "check the details.
[manganese prices fluctuated slightly in SMM: market] SMM statistics show that the average spot price of electrolytic manganese in China has been 41225 yuan / ton since the beginning of January, up slightly from the average price in December last year. "check the details.
[SMM Daily Review: no oxygen 55 silicon factory shipment mentality is stable] on January 17, the price of most specifications of silicon is stable. The price of non-oxygen 55 silicon in East China is 19100-19300 yuan / ton, and that of oxygen-free silicon is 19500-19600 yuan / ton. Due to the reduction and suspension of production in Sichuan, Yunnan and other places, 55 silicon plants are less in production, and most of them are distributed in Chongqing, Shaanxi, Inner Mongolia and other places. Most of them in Chongqing and a few in Sichuan are in short supply. "check the details.
[SMM molybdenum spot KuaiBao: downstream replenishment pace slows molybdenum market prices continue to be stable] January 17 domestic 45% molybdenum concentrate mainstream transaction prices 2400-2420 yuan / tonnage; 60% ferromolybdenum mainstream transaction prices 16-164000 yuan / ton, prices are stable compared with last Friday. First of all, in terms of molybdenum concentrate, with the end of the concentrated volume of molybdenum mines last week, the inventories of molybdenum, ferromolybdenum and molybdenum chemical products have been greatly replenished, and at the same time, with the approach of the Spring Festival and the current high prices, the overall circulation of the market has decreased to a certain extent. Molybdenum concentrate prices then stabilized. "check the details.
[SMM magnesium ingot spot KuaiBao: weekend transaction improvement magnesium price consolidation] on January 17, the mainstream price of 90 magnesium ingots in Fugu area was 42000 yuan / ton-43000 yuan / ton, down 1000 yuan / ton from Friday. Magnesium prices maintained a consolidation trend at the beginning of the week. Due to bargain-hunting in the downstream market over the weekend, market turnover improved, magnesium prices stopped falling and rebounded slightly. "check the details.
[SMM Daily Review: rare earth market weakens upstream enterprise replenishment is less than the same period last year] January 17, the mainstream spot market of rare earth praseodymium and neodymium oxide is weak, the mainstream price of praseodymium-neodymium oxide is stable at 905000 yuan / ton, and the praseodymium-neodymium metal part is reported to be 905000-1.12 million yuan / ton. Holmium oxide is still in short supply and 1.5 million yuan / ton in stock is hard to find. "check details
[the southern Peruvian community signs a memorandum of understanding to avoid the blockade of the Las Bambas copper mining corridor] Las Bambas of MMG Ltd, the Peruvian Ministry of Labour, the Ministry of Energy and Mines and the President of the Council of Ministers, (PCM), and representatives of the Challhuahuacho community signed a memorandum of understanding, which promised to avoid blocking the southern mining corridor. "View details
[Argentina seeks $10 billion in mining exports by 2030] the Argentine government is stepping up efforts to attract foreign investors to its mining industry and increase the country's metals and mineral production because of the looming deadline for the International Monetary Fund ((IMF)) to restructure billions of dollars of debt. The South American country is once again at risk of being cut off and isolated by global financial institutions and is introducing a series of incentives to attract foreign capital into its mining industry. The left-wing government said this week that export taxes would fall to 8 per cent from 12 per cent in October 2020. "View details
China's aluminum production for the whole of 2021 rose 4.8% from the previous year to a record high of 38.5 million tons, despite limiting the energy consumption of factories to meet climate targets, according to data released by China's National Bureau of Statistics on Monday. The Bureau of Statistics reported that raw aluminium (electrolytic aluminium) production was 3.11 million tons in December, up slightly from 3.1 million tons in November, but down 4 per cent from a year earlier. According to the average daily calculation, the primary aluminum output in December is about 100300 tons per day, which is the lowest daily output since July 2020. "View details
[interpretation of the implementation Plan for Energy Saving and carbon reduction Technology Transformation in key areas promoted by strict Energy efficiency constraints in Qinghai Province (2021-2025)] 26 clear key areas, Including oil refining, coal-to-coke, coal-to-methanol, coal-to-olefins, coal-to-ethylene glycol, caustic soda, soda ash, calcium carbide, ethylene, PX, yellow phosphorus, synthetic ammonia, monoammonium phosphate, diammonium phosphate, cement clinker, flat glass, ceramic tiles, sanitary ceramics, ironmaking, steelmaking, ferroalloy smelting (ferrosilicon, manganese-silicon alloy, high-carbon ferrochromium), copper smelting, lead smelting, zinc smelting, electrolytic aluminum and data centers, etc., Take the lead in promoting energy conservation and carbon reduction. "View details
[Qinghai Provincial Development and Reform Commission issued implementation plan for technological transformation of energy conservation and carbon reduction in key areas. New steel and electrolytic aluminum projects must implement capacity replacement.] Qinghai Provincial Development and Reform Commission issued the "Qinghai Province strict energy efficiency constraints to promote the implementation plan of energy conservation and carbon reduction technology transformation in key areas (2021-2025)." by 2025, the energy efficiency in all the key areas of the province has reached the benchmark level, and the proportion of enterprises that have reached the benchmarking level is more than 30%. The overall energy efficiency level of the industry has been significantly improved, the intensity of carbon emissions has decreased significantly, and the ability of green and low-carbon development has been enhanced. New iron and steel, electrolytic aluminum and other projects shall be replaced by the same amount of production capacity or reduction. "View details
[Indonesia Huayue Nickel and Cobalt Wet smelting Project in which Huayou and Luomo are involved in the production of the first batch of qualified products] recently, Huayue Co., Ltd., which is invested by Huayou Cobalt Industry and Luoyang Molybdenum Industry, has made important progress in the laterite nickel ore wet smelting project with an annual output of 60,000 tons of nickel and 7800 tons of cobalt metal. some production lines have completed equipment installation and commissioning, and the first batch of products that have been put into trial production have been tested by Huayue Company. The main performance index of the product is qualified. "View details
[Indonesian Nickel reference Mineral prices hit a record in the past decade] Indonesia's Ministry of Energy and Mineral Resources (ESDM) issued decision 8.K/MB.01/MEM.B/2022 on reference metal mineral prices and reference coal prices in January 2022. In the decree of the Minister of Energy and Mineral Resources, the reference mineral price for nickel was set at $20189.75 per dry tonne (dmt), up 1.82 per cent or $360.4 from December last year. "View details
[SMM News: lithium metal jumped 80, 000 yuan / ton today! Lithium carbonate rose another 5000 yuan to break through 330000] according to the spot price of SMM, as of January 17, the average spot price of domestic battery-grade lithium carbonate rose another 5000 yuan a day to break through the 330000 yuan / ton mark to 331000 yuan / ton. Its annual increase has been as high as 19.06%, rapidly rising at an average daily frequency of more than 5888 yuan / ton. Recently, the price of battery-grade lithium hydroxide, which has a strong rising mood, has also continued to rise. Today, the average price of lithium hydroxide also rose 5000 yuan a day to 272500 yuan per ton, up as high as 22.47 percent this year, with an average daily increase of more than 5555 yuan per ton. Today's price increase "MVP" contestants are non-metallic lithium. According to SMM prices, the spot price of lithium metal today ranges from 1.66 million yuan / ton to 1.71 million yuan / ton, with an average price of 1.685 million yuan / ton, up 80, 000 yuan / ton from the previous trading day, or as high as 4.98% in a single day. "View details
[Rongjie 002192.SZ: Yuanyangba 2.5 million t / a Lithium Mine selection Project is carrying out auxiliary facilities construction. Rongjie Co., Ltd. (Rongjie) said on the investor interactive platform on January 17 that the Yuanyangba 2.5 million t / a lithium ore selection project is carrying out auxiliary facilities construction, supporting office buildings and dormitory buildings are under construction, and some buildings have been capped; supporting warehouses and maintenance workshops are under construction. As the selected project has not been approved by EIA, the construction of the main project has not started yet, and the company will actively promote the EIA work of the project according to the progress of the upper planning EIA.
[Tianqi's 2021 net profit is expected to grow by more than 145% compared with the same period last year. The revenue of the lithium battery recycling plate rose sharply.] Tianqi Co., Ltd. said in an announcement on the evening of January 16 that the company's net profit belonging to shareholders of listed companies in 2021 is expected to be 150 million yuan to 180 million yuan, an increase of 145.71% 194.85% over the same period last year. Tianqi shares said that, on the one hand, the company's lithium battery recycling plate overall recovery capacity and capacity scale has been improved, and the product structure has been continuously optimized. On the other hand, due to the rising prices of steel, resin and other commodities, the gross profit space of the company's intelligent equipment plate and heavy industry equipment plate has narrowed. "View details
[Chilean court halts lithium auction several days after quota is granted] A Chilean court on Friday suspended the auction of lithium contracts held earlier this week as part of the South American country's plan to increase the production of minerals used in car batteries. The Court of Appeal ordered a moratorium at the request of the Governor of the Atacama region and the local indigenous community. "View details
[Shaanxi Geology and Mining Group discovered a new type of cobalt-nickel deposit-albite breccia type cobalt-nickel deposit] Shaanxi Geology and Mining Group Co., Ltd. recently released the latest results of geological and mineral investigation in the Qinling orogenic belt (Shaanxi section): the discovery of a new type of cobalt-nickel ore-albite breccia cobalt-nickel deposit. This kind of cobalt-nickel deposit is closely related to albite (breccia) rock, which is obviously different from the traditional ultrabasic rock and basic rock, and can form cobalt-nickel ore and independent cobalt deposit. It is reported that the abundance of cobalt in the earth's crust is very low, few independent deposits are formed, and most of them occur in the associated components of copper, nickel, lead, zinc and iron, so the deposit types are mainly divided according to the deposit types of the main orebody. The main genetic types of cobalt deposits are magmatic type, hydrothermal type, sedimentary type and weathering type, only the latter can form independent cobalt deposits, and the main genetic types of nickel deposits are magmatic type, marine sedimentary type (black rock series type) and weathering crust type. All the nickel deposits in Shaanxi Province belong to magmatic type related to ultrabasic and basic rocks, while cobalt deposits are mostly associated minerals, which are associated with nickel ore, iron ore and copper ore, and only the weathering crust type is independent cobalt ore. The discovery of this new type of cobalt and nickel ores not only increases the reserves of cobalt and nickel in China, but also enhances the ability of self-supply.
According to foreign media reports, (Norilsk Nickel) production of Russia's Norilsk Nickel Company has declined, and its two Arctic mines were suspended for several months in 2021 due to flooding. However, the company expects nickel production to reach 205-215000 tons this year, compared with 19-200000 tons last year. "the risk to nickel prices in the short term is downside," said Jim Lennon, an analyst at Macquarie (Macquarie). "but a sharp fall in prices also seems unlikely because of strong demand from electric car battery makers and expectations of an increase in supply."
[the national crude steel output in 2021 decreased by 1.033 billion tons compared with the same period last year] data from the Bureau of Statistics showed that in December 2021, the national crude steel output was 86.19 million tons, an increase of 16.88 million tons from the previous month, an increase of 24.35 percent, and a decrease of 6.17 million tons, or 6.7 percent, compared with the same period last year. 2021 crude steel output for the whole year was 1.033 billion tons, 1.065 billion tons less than that in 2020, a decrease of 31.977 million tons, or 3%.
[the annual output value of the iron and steel industry in Fangchenggang, Guangxi exceeds 100 billion yuan] Fangchenggang City in Guangxi recently announced that the output value of the iron and steel industry in Fangchenggang City in 2021 exceeded 100 billion yuan (RMB), reaching 107.52 billion yuan, becoming the first industry in the city with an output value of more than 100 billion yuan.
Recently, Longtan Industrial Park in Yulin and Sichuan Leshan Yingkai Trading Co., Ltd. have an annual output of 100,000 tons of stainless steel cold rolling and deep processing project signing ceremony held in Longtan Industrial Park. On January 12, Longtan Industrial Park opened the industrial base of high-end stainless steel products and started the cold rolling and deep processing project with an annual output of 100000 tons of stainless steel.
[Gansu Yongjin stainless steel cold rolling project is scheduled to start in March] recently, Yongjin shares revealed that Gansu Yongjin project is scheduled to start in March 2022, with a construction period of one year. The project of Gansu Yongjin with an annual output of 220000 tons of precision cold-rolled stainless steel strip is another great work of Yongjin Company in actively responding to the country's call for the development of the western region, actively opening up the western market and demonstrating Yongjin's advanced technology. The total investment of the project is about 1.227 billion yuan, of which the investment in fixed assets is about 1.08 billion yuan, which is divided into two phases.
[China's output of stainless steel crude steel in 2022 may exceed 36 million tons] as for the output in 2022, due to the new production capacity from 2021 to 2022, it is in line with the relevant national industrial policy, and production is just around the corner. As a result, China's annual stainless steel output in 2022 is expected to reach about 36.82 million tons, an increase of about 3.16 million tons over the same period last year, an increase of 9.5%.
[TISCO may become a 10-million-ton stainless steel "aircraft carrier" this year. Li Jianmin, chief engineer of Baowu Group, said that TISCO has formulated and completed a new round of stainless steel development plan. it defines its strategic position as the flagship platform for the integrated operation of Baowu stainless steel industry in China. He revealed that by 2023, the scale of stainless steel will reach 15 million tons, quadrupling the scale of stainless steel production in three years; by 2025, the scale of stainless steel will reach 18 million tons, achieving global leadership in scale, technology and efficiency.
[50.7 ℃! Australia ushered in the strongest heat wave iron ore production center hit] Australia's first high temperature of more than 50 degrees in 24 years, analysts believe that sustained high temperatures may lead to fires in some areas, thus affecting iron ore transportation, but the impact on shipping has not been paid attention to in the short term. After the end of the impulse at the end of the year, the first quarter is in the off-season of iron ore shipments due to factors such as high temperature, rainfall and port maintenance, so Australian iron ore shipments are expected to be on the low side, but will not change much from the same period last year. "View details
[China Metallurgical Baosteel successfully won the maintenance and maintenance business of single rolling mill equipment of Beigang New material Cold Rolling Plant] recently, China Metallurgical Baosteel successfully won the bid for "maintenance and maintenance of single rolling mill equipment" project of Guangxi Beigang New material Co., Ltd. This project is another maintenance business after inheriting the maintenance project of the five continuous rolling equipment of the cold rolling plant. At present, there are four main lines in Beigang New material Cold Rolling Plant, which are 1 18-high 5-high continuous rolling mill, 20-high single rolling mill and 2 cold pickling units, with an annual output of 1.2 million tons of stainless steel cold rolling coil.
[national Bureau of Statistics: 4.07 billion tons of raw coal production in 2021 increased 4.7 percent over the previous year] with the continuous progress of the policy of increasing production and ensuring supply, in December, raw coal production was 380 million tons, an increase of 7.2 percent over the same period last year, an increase of 2.6 percent over the previous month, an increase of 10.7 percent over the same period in 2019, an average increase of 5.2 percent over the same period in 2019, with an average daily output of 12.41 million tons. Imported coal was 30.95 million tons, down 20.8 percent from the same period last year. In 2021, raw coal production was 4.07 billion tons, an increase of 4.7 percent over the previous year, 5.6 percent over 2019, with an average increase of 2.8 percent in two years, and imported coal was 320 million tons, an increase of 6.6 percent over the previous year.
[SMM News] with the Spring Festival approaching, private coal mines in some areas consider that production will be suspended soon, coal prices in the producing area continue to rise, and some coke enterprises consider that the epidemic may affect logistics and transportation. this year, the reserve of raw materials is more than in previous years, and on the whole, the supply and demand of the coking coal market in the producing area continues to be tight.
[SMM News] according to the main operating data released by Shaanxi Coal Industry in December 2021, coal production was 11.301 million tons, down 4.30 percent from the same period last year; coal sales were 21.1402 million tons, up 27.52 percent from the same period last year; of which, self-produced coal sales were 11.3351 million tons, down 4.07 percent from the same period last year.
[development and Reform Commission: the coal storage in power plants exceeds 162 million tons, which is 40 million tons higher than that in the same period last year.] since December 7 last year, the coal storage in power plants under national regulation has been maintained at more than 160 million tons. On January 12, the inventory of thermal coal exceeded 162 million tons and was available for 21 days, which was 40 million tons higher than that of the same period last year, but at present, the inventory remains above 160 million tons, far exceeding the level of previous years, indicating that the ability to guarantee the supply of coal has been significantly enhanced. to lay a solid foundation for ensuring a stable supply of coal and a warm winter for the people. "View details
[Citic Securities: it is highly likely that the coal sector will remain high in 2022.] the CITIC Securities Research report pointed out that coal prices reached an all-time high in 2021, industry profits expanded significantly, and the average performance growth rate is expected to be close to 80%. At the same time, the dividend yield is expected to remain attractive. Although coal prices are expected to fluctuate in 2022, they remain high as a whole, and the overlay agreement price is likely to rise. It is expected that the plate boom will remain high, and the current plate valuation is at an all-time low. In the context of better performance expectations and stabilized macroeconomic expectations, the valuation repair of leading companies is expected to be further promoted.
[Sibanye-Stillwater faces strike in South African Gold Mine] South Africa's long-divided mining union has won after forming a United front with the industry's largest employer after failed wage negotiations with Sibanye Stillwater because the country's labour arbitration body has approved them to strike. The arbitration commission (CCMA) announced that the long-running dispute had not been resolved as of December 21 and issued a certificate on Monday allowing the union to issue a notice of strike and allow the company to suspend work. "View details
The World Gold Council (WGC) believes that although interest rate hikes may have an adverse impact on gold in 2022, history shows that the impact of interest rate increases may be limited at the same time, high inflation and market pullback are likely to maintain demand for gold as a hedging tool. In addition, jewellery and central bank gold demand may provide additional long-term support.
Terminal information
[Shuangliang Energy Saving: signing Wafer Purchasing Framework contract with Tongwei Solar Energy] Shuangliang Energy Saving announcement: a wholly-owned subsidiary Shuangliang Silicon material (Baotou) Co., Ltd. and Tongwei Solar Energy (Chengdu) Co., Ltd. signed a wafer procurement framework contract, the contract agreed to purchase a total of 1.048 billion single crystal wafers from the company's wholly-owned subsidiary from January 2022 to December 2024, with a total estimated sales amount of 6.305 billion yuan.
How short is the production capacity of semiconductor foundry? Apple accepts TSMC price increase for the first time] semiconductor foundry capacity continues to be scarce, and even Apple can no longer get special treatment. According to industrial and commercial reports in Taiwan, people in the supply chain said that due to the shortage of wafer foundry capacity, TSMC comprehensively raised the foundry price in 2022. Apple, its largest customer, has never been "affected" by the price increase in the past, and now it has accepted the price increase in order to ensure production capacity, and now includes 12-150000 pieces of 4nm production capacity. "View details
[601012.SH responded to the revival of silicon wafers: prices loosened with market silicon prices to stimulate downstream demand] A month and a half later, Longji (Longji) wafer prices were adjusted, up 2.4% and 5.1%. January 17, the company said that the price of Longji silicon wafer is based on the upstream industrial chain supply situation to follow the market. The loosening of silicon prices in the fourth quarter of last year, and the peak season of traditional installation, stimulated demand to a certain extent. "View details
[73743 cars! According to the data of the defective Product Management Center of the State Administration of Market Supervision and Administration, the number of new energy vehicles recalled due to power battery defects in 2021, involving a number of car brands, totaled 73743. "View details
Ganfeng Lithium Industry said on the investor interactive platform on January 15 that there is a total annual capacity of 3GWH for power and energy storage batteries, and a new lithium battery project with an annual production capacity of 15GWh is under construction.
[Ningde Times: the scale of the company's new capacity is reasonable] Ningde Times replied to the Shenzhen Stock Exchange that the company's lithium-ion battery production capacity from January to September in 2021 was 106.41GWh.After completing the capacity climbing and stable operation of the company's lithium-ion battery production line, the total designed annual capacity will reach 220GWh to 240GWh. according to the principle of prudence, the company's lithium-ion battery capacity supply is calculated according to 240GWh. According to the above assumptions, from the future capacity demand and the company's existing capacity, the company's capacity gap in 2025 is not lower than 430GWh. The annual production capacity of the company's new lithium-ion battery is about 135GWH, which meets the needs of the company's business development. According to the aforementioned estimates, after considering the new production capacity of this investment project, the company still has a 295GWh capacity gap, assuming that according to the more cautious investment intensity of 300 million yuan / GWh, the corresponding investment scale is expected to be about 88.5 billion yuan. Combined with the future market demand, the company's market position and existing production capacity, the company's new capacity scale is reasonable.
[4.4% increase in national real estate development investment in 2021] in 2021, national real estate development investment totaled 14.7602 trillion yuan, an increase of 4.4% over the previous year, an increase of 11.7% over 2019, with an average increase of 5.7% in two years. Of this total, residential investment was 11.1173 trillion yuan, an increase of 6.4 percent over the previous year. "View details
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