[SMM Metal Morning reference] Metal ups and downs show that Lunnickel has not fallen to the limit for the first time since the resumption of trading. | what is the impact of the epidemic on the lithium power industry?

"[important] Futures prices fluctuate greatly. For enterprise settlement, please refer to SMM spot quotation!

Minutes of SMM Bronze Morning meeting: real-time update, please follow!

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Minutes of SMM Aluminium Morning meeting: real-time update, please follow!

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Minutes of SMM lead morning meeting: real-time update, please follow!

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Minutes of SMM Zinc Morning meeting: real-time update, please follow!

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SMM Tin Morning News: tin prices maintain horizontal finishing, supply and demand are stable, and there are no hot spots for the time being.

Fundamentals, domestic and foreign warehouse receipt inventory changes slightly, the spot market shipment performance is stable. The rising water in the market rose slightly, so that the mainstream spot shipping price remained above 340000 yuan / ton. Market trend, Huxi night market trend to maintain the sideways, the main contract shock center of gravity slightly moved down but the overall is still in the high horizontal range. The total amount of funds in and out is relatively small, and the market heat has cooled somewhat. "Click to view details

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Summary of SMM Nickel Morning meeting: real-time update, please follow!

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Summary of SMM Steel Morning meeting: the price of some kinds of coal began to decline and the coke market was more stable.

During the period, Australia's port departure increased by 1.14 million tons to 17.25 million tons, an increase of 3.01 million tons over the same period last year, while Brazil's port departure increased significantly by 800000 tons to 4.67 million tons, a decrease of 1.28 million tons over the same period last year. In this period, the volume of imported minerals to Hong Kong increased slightly, while shipments from Australia and Brazil increased significantly as a whole. Recently, the domestic epidemic has intensified, especially in Shandong and Tangshan, the two main steel producing areas, production and transportation have been affected, which will restrain the demand for iron ore and mineral prices in the short term. "Click to view details.

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Crude oil: international oil prices fell slightly on Tuesday, and EU countries seemed unlikely to agree to join the United States in imposing an oil embargo on Russia, easing concerns about tight supply in the market.

On the dollar side: the boost to the dollar faded as Federal Reserve Chairman Colin Powell spoke on Monday, and higher stock markets in Europe and the United States helped increase risk appetite. The dollar index surged higher on Tuesday, closing down slightly by 0.06%. U. S. stocks closed higher on Tuesday, and the index continued to rebound from its low for the year. The market is concerned about the situation in Russia and Ukraine and the increasingly hawkish policy stance of the Federal Reserve.

Today's macro data focus on: changes in crude oil inventories in the United States, CPI in February in the United Kingdom, PPI, euro zone consumer confidence index in March and other important macro data.

Metal futures: overnight outer disk metal mostly floating green, only Lun lead rose 0.93%. Lun aluminum fell slightly by 0.53% on Tuesday. Renni closed down 9.23%, showing signs of returning to normal for the first time in two weeks of trading. In the outer disk, with the exception of Len Ni, Lun Zinc had the largest decline, reaching 0.71%.

"Lunni has made a small profit on spot imports of pure nickel for the first time since the resumption of trading [SMM analysis]

Most of the metal in the inner plate goes down, and Shanghai lead and nickel are only two floating red. The Shanghai Nickel night market fluctuated downwards, and the final increase narrowed to 0.62%. Shanghai lead followed the outer disk Lun lead Synchronize rose, up 0.56 per cent overnight. Shanghai Aluminum fell the most among the inner plate metals, with a decline of 0.65%. Shanghai copper and tin both fell more than 0.2%.

Black except stainless steel fell across the board, iron ore night market shock upward, the decline was narrower than during the day, and finally recorded a drop of 1.95%. Threads and hot rolls both fell more than 0.6%, while stainless steel was only red, closing up 2.42%. Shuangjiao night market rose together, but still failed to save the daytime decline, by the close, coke fell 1.19%, coking coal fell more than 2%.

Stainless steel rose more than 2% [overnight market] for the first time since the resumption of trading.

Precious metals: COMEX gold futures fell on Tuesday after Federal Reserve Chairman Colin Powell hinted that U.S. bond yields rose after Federal Reserve Chairman Colin Powell hinted that he would raise interest rates sharply this year to curb rising inflation.

Financial market conditions at the close of 06:23 on March 23rd:

March 22nd LME basic metal warehouse total inventory (in tons)

March 22nd LME basic Metals Registration and cancellation Warehouse receipt list (in tons)

[SMM Yangshan copper spot: epidemic control affects foreign trade market Yangshan copper premium continues to fall] March 22nd warehouse receipt quotation 18-33 US dollars / ton, average price 25.50 / ton, average price 2.50 US dollars lower than the previous trading day; bill of lading quotation 18-34 US dollars / ton, average price 26 US dollars / ton, average price 1.50 US dollars lower than the previous trading day. QP April, the quotation refers to the source of goods arriving in Hong Kong in mid-early April. The LME0-3 discount is US $10.45 / ton, and the import loss on 04 contract is around 1200 yuan / tonne. "Click to view details

[SMM Daily Review: domestic alumina bottoming success is about to rebound] demand, March 22 domestic alumina market, compared with the previous trading enthusiasm has increased. On the supply side, Binzhou, Jiaozuo and other areas are affected by epidemic prevention and control, regional transportation is blocked, raw materials. "Click to view details

[SMM analysis: Lunni did not fall to the limit for the first time after resuming trading. Current pure nickel imports have made a small profit] after the review of LME nickel, it fell by the limit for four consecutive trading days, with a cumulative decline of 34.73%. Lunni is still up or down less than 15% today, with an opening price of $27020 / tonne, up slightly to $28000 / tonne. This also shows that the current Lunni has gradually returned to the fundamentals after the previous extreme market. "Click to view details

[SMM Quick Review: the epidemic caused serious stagnation of raw material imports VS consumption without adding nickel price short-term trend] Shanghai nickel narrowed from yesterday's decline, as of the day (March 22) closed, fell 3.55% to 206780 yuan / ton. Lenny opened this afternoon, falling for a fourth day in a row, but ended the daily limit, down 9.67 per cent as of 17:17. According to SMM analysis, the supply side, the epidemic situation has a lasting impact on the current spot transportation and transactions, superimposed by the current import losses to maintain a large value, the current supply of pure nickel in Shanghai is reduced. In addition. "Click to view details

[SMM Daily Review: market inquiry prices remain high and fluctuating] on March 22nd, the average price of SMM high nickel pig iron was 1620 yuan / nickel point (including factory tax), which was 5 yuan / nickel point lower than the average price of the previous trading day, and there was more inquiry news from steel mills during the day. On the supply side, the price of nickel ore remains high, the price of auxiliary materials is on the rise, and the smelting cost of the ironworks is relatively high to support the iron price; during the day, the nickel disk in Shanghai remains volatile, the center of gravity is temporarily stable, and the price difference between pure nickel and ferronickel is still large, which is driven to a certain extent. "Click to view details

SMM survey: what is the impact of this epidemic on the lithium power industry? Recently, the epidemic situation has been repeated throughout the country, with frequent new confirmed cases across the country, and the situation of epidemic prevention and control is still grim and complicated. according to data from the Health and Health Commission, only on March 21, 2338 new confirmed cases were reported in 31 provinces and cities across the country and in the Xinjiang production and Construction Corps. New cases have been reported in Jilin, Fujian, Liaoning, Shanghai, Shandong and other places, with the epidemic affecting dozens of provinces across the country. "Click to view details

[SMM analysis: lithium import and export data dropped sharply in February] according to customs data, China imported 10470 tons of lithium carbonate in January 2022, an increase of 45% from the previous month and 91% from the same period last year. In February 2022, China imported 5976 tons of lithium carbonate, down 43 per cent from the previous month and 17 per cent from the same period last year. From January to February in 2022, China imported 16446 tons of lithium carbonate, a cumulative increase of 30 per cent over the same period last year. In terms of lithium hydroxide. "Click to view details

Foshan stainless Steel Daily Review: SS contract shock callback Hulun repair price difference under the stainless steel how to go? On March 22nd, spot prices of all departments in Foshan market basically remained stable, Lunni still fell by the limit, and the gap with the inner market gradually narrowed, while the SS contract also followed the decline in Shanghai Nickel, but the callback range of the SS contract was not large. As the cost support is still strong, according to SMM research, the purchase scrap transaction price of steel mills has increased. "Click to view details.

[SMM Daily Review: downstream wait-and-see mood continues, ferrochrome prices remain stable and trading is weak] Ferrochrome prices have been operating steadily in the near future, the prices of chromite and coke have increased significantly compared with the previous period, and the production cost of ferrochromium has increased. "Click to view details

[operating rate of SMM electric furnace: the operating rate of some steel enterprises has increased slightly this week.] as of March 22, according to SMM's survey of 34 independent electric arc furnace steel mills producing building materials, the operating rate was 63.6%, a slight increase of 3.3% over last week. The finished product price is weak and fluctuating this week, but the scrap price is still strong, rising more than 150 yuan / ton last week, deepening the loss of steel companies. "Click to view details

[SMM hot rolled goods: logistics in North China blocked flow to Shanghai reduced shipments this week] according to SMM, the total market resources are expected to arrive at 27 tons this week, down 3000 tons from the previous month, or 1.1%. Look at it by market. "Click to view details

[SMM hot spot analysis: two big neon companies in Ukraine have stopped production of the automobile industry core shortage storm has resurrected] the conflict between Russia and Ukraine has been going on for several weeks, which has caused sharp fluctuations in the global commodity market. Earlier, the market broke out concerns about the supply of Russian nickel metal, with nickel prices exceeding 100000 US dollars per ton in one day on the London Metal Exchange LME in the UK. Recently, according to foreign media reports, due to the tense situation between Russia and Ukraine, Ukraine's two main neon suppliers Ingas and Cryoin have suspended operations one after another. This move may lead to the loss of more than half of the global neon production, which will be affected by a chain reaction. A number of car companies have said that the supply of chips is in short supply, which may affect the delivery time, and the market panic continues to rise. "Click to view details.

[SMM Manganese Mine Daily Review: market mentality shakes Manganese Mine High position instability] according to SMM, at present, manganese ore shipments are not smooth, market sentiment has been shaken, and quotations have fluctuated, but due to the rising outer disk prices, miners are not willing to reduce prices, but under the current market situation, the market game mood is heavy, and there are some traders shipping at reduced prices. On the whole, downstream alloy plants mostly use other alternatives to replace high-quality oxidized ore, the future manganese ore or lack of certain support, short-term operation may be weak. "Click to view details

[SMM Silicon-Manganese Daily Review: Silicon-manganese transaction standoff price sentiment is strong] March 22, the northern market Si-mn 6517 (cash) 8500-8650 yuan / ton, the southern market Si-mn 6517 (cash) 8600-8700 yuan / ton. As far as SMM knows, the current market quotation is higher, but the actual transaction is less. Near the end of the month, the steel move is approaching, and there is a strong sentiment in the market. Although the price of manganese ore at the end of the raw material has dropped, the factory production is still a high-priced raw material before, and the short-term reduction in cost is limited. "Click to view details.

[SMM Daily Review: biased Manganese prices for supply and demand temporarily wait and see] SMM understands that individual domestic merchants are less willing to purchase substandard and low-level manganese tablets and ingots on March 22nd, and individual terminals begin to negotiate and buy rationally. In addition, some manufacturers said that the performance of the early warehouse was OK due to the rapid decline in manganese prices, and the remaining high-quality inventory needed to wait and see the market price before selling. "Click to view details.

[SMM Silicon Daily Review: metal silicon aluminum alloy downstream wait-and-see mood] March 22 silicon prices continued the correction trend, East China oxygen 55 silicon in 21700-22000 yuan / ton, 44 silicon in 23400-23500 yuan / ton, Jiangsu, Zhejiang, Guangdong and other places more serious epidemic situation, its downstream aluminum alloy enterprises due to raw material reserves for a short period of time production is basically stable, but the epidemic road control raw materials and products aluminum alloy ingots are blocked. The purchasing enthusiasm of enterprises is low. "Click to view details

[SMM analysis: affected by the Spring Festival holiday and other factors, the net import of domestic molybdenum concentrate decreased by 55.2% in February] Customs data show that the net import of molybdenum concentrate in China in February 2022 was about 957 tons, a month-on-month decrease of 55.2%. At the same time, SMM observed a "double decline" in domestic imports and exports of molybdenum concentrate in February, with import and export declines of 57.1% and 32.1%, respectively. "Click to view details.

[SMM Daily Review: praseodymium and neodymium oxide fell below 1 million yuan / ton rare earth market continued to be weak] rare earth upstream raw ore supply is tight, as the gap between supply and demand still exists in the first half of 2022, separation enterprises are bullish about the rare earth market in the future, and oxide shipping willingness is on the low side. Affected by the mentality of buying up but not buying down, magnetic materials enterprises continue to go to the warehouse, procurement demand is weak, and some trading enterprises have become the mainstream sellers in the market. Affected by the fear of high shipping sentiment, the spot price of rare earths has fallen for three weeks since March 3. "Click to view details

[the second round of the sixth batch of central eco-environmental protection inspectors started in an all-round way] the second round of the sixth batch of central eco-environmental protection inspectors was launched in an all-round way. Five central eco-environmental protection supervision teams have been set up to carry out inspection work for about one month in five provinces (regions) of Hebei, Jiangsu, Inner Mongolia, Tibet, Xinjiang and the Xinjiang production and Construction Corps. We will focus on supervising the implementation of the decisions and arrangements of the CPC Central Committee and the State Council on ecological environment protection by the provincial party committee and government, the implementation of the responsibilities and responsibilities of the relevant provincial departments for ecological environment protection, and the implementation of the ecological environment protection work of the prefectural and municipal party committees and governments. "Click to view details

According to SMM research, copper inventories in Guangdong have decreased for five consecutive days, and most areas such as Shenzhen and Dongguan have been unsealed. The improvement in copper consumption is an important reason for the decline in inventories. Although inventory continues to decline, affected by the outflow of a large number of warehouse receipts, it is difficult for holders to raise prices today, so they can only keep lowering the price of rising water to export goods. Generally speaking, copper prices are still in the high terminal to replenish goods in general, and there are a large number of warehouse receipts outflow. Pay attention to the release in the future.

[SMM investigation] according to SMM research, due to the impact of the epidemic, the supply of recycled copper is declining day by day, the weakening of the supply side and the high copper price make the price of recycled copper high, and the fine waste gap remains at a low level, restraining the buying interest downstream.

[SMM investigation] according to SMM, recently, affected by the epidemic, traffic control has been implemented in Hebei Cangzhou, Baoding and other areas, and the transportation and production of local copper processing enterprises have been affected to a certain extent.

[SMM research] in terms of scrap aluminum recently, the price of cooked aluminum has risen and declined greatly, mainly due to the obvious decline in the price of cooked aluminum when aluminum prices fell sharply before. with the gradual rise in aluminum prices, it is expected that the rise and fall of cooked aluminum prices will gradually stabilize.

[SMM Petroleum Coke] the auction time of Zhonghai Asphalt was postponed and its bid was put up for auction on Wednesday. At the same time, China Asphalt is expected to stop work and overhaul at the end of the month; the coking unit of Yangzi Petrochemical Company is expected to be shut down for overhaul on the 25th; a coking unit of Tahe Petrochemical Company has been shut down for overhaul on the 16th; Zhoushan Petrochemical Coking Plant will be shut down for overhaul in early April. The above are the recent maintenance of Sinopec.

[Mingtai Aluminum: the current novel coronavirus epidemic has no impact on the company's shipments] Mingtai Aluminum said on the investor interactive platform on March 22 that the company strictly complied with the requirements of relevant government departments and actively cooperated with the implementation of relevant epidemic prevention measures. to ensure the stable operation of production and business activities, the current novel coronavirus epidemic has no impact on the company's shipments.

[IAI: global primary aluminum production fell 2.3 per cent to 5.114 million tons in February from a year earlier] global primary aluminum production fell 2.3 per cent to 5.114 million tons in February from 5.236 million tons in the same period in 2021, with an average daily output of 182600 tons, according to the International Aluminium Association's (IAI) website on March 21. The association estimates that China's primary aluminium production fell to 2.946 million tons in February from 3.048 million tons in the same period in 2021. "Click to view details

Will aluminum prices be in chaos after Australia's alumina ban affects Rusal's production of "demon nickel"? With the Australian government's announcement over the weekend of a ban on the export of alumina and aluminium ore to Russia, the production of 00486.HK, the world's second-largest aluminium producer, will undoubtedly be seriously affected, which will clearly overwhelm the supply side of aluminum, the most widely used industrial metal. On Monday, while copper and tin prices fell and LME nickel closed off the limit for the fourth day in a row, LME aluminum rose 4.1 per cent to $3518 a tonne, rising 5.7 per cent to its highest level since March 9, up 5.7 per cent. "Click to view details

[aluminum Power Company completes the first green electricity transaction in Ningxia electrolytic aluminum industry] on March 17, Aluminium Power Company organized two electrolytic aluminum units, Qingtongxia Branch and Ningdong Branch, to complete the first green electricity transaction in Ningxia Electrolytic Aluminum Industry with Fujian Company and Wuling Electric Power Company in Ningxin Energy Unit and Zhongwei New Energy Company, with a turnover of 9 million kilowatt-hours. The green electricity transaction can reduce 8106.3 tons of carbon dioxide, 4.23 tons of sulfur dioxide and 3.87 tons of nitrogen oxides for electrolytic aluminum enterprises. at the same time, it also provides a reliable, efficient and transparent way for electrolytic aluminum industry to obtain green electricity.

[Shenhuo Co., Ltd.: Yunnan Shenhuo 900000 tons of production capacity will be fully put into production at the end of April] Shenhuo shares recently issued an announcement on the progress of starting production capacity of Yunnan Shenhuo Aluminum Co., Ltd., the announcement said that the original production capacity of 220000 tons has been started one after another, and the remaining 150000 tons of capacity that has not yet been started has also been started recently, and 900000 tons of capacity will be put into production by the end of April. Shenhuo Co., Ltd. said that in view of investors' high concern about the resumption of production in Yunnan, the company will actively communicate with Yunnan Shenhuo about the start-up progress and disclose relevant information in a timely manner.

[SMM investigation] A mining enterprise in Northwest China said that the transportation of concentrate was restricted, and the delivery of lead-zinc mines sent to Gansu, Henan and other places would be delayed.

[SMM analysis] in January, lead ingot exports reached a new high of more than 17000 tons, of which Turkey was the main lead ingot export trading partner, accounting for 88.2% of the total lead ingots exported to Turkey. According to SMM research, when the Hu-Lun ratio continues to be low and the foreign consumer demand is better than the domestic consumption demand, the export expectation of the trade market is gradually realized, which alleviates the cumulative pressure on the domestic lead ingot inventory, and the Hu-Lun ratio rebounds slightly.

London Metal Exchange (LME) data show that after rising to a two-and-a-half-month high of 209175 tons on December 14 last year, Lun zinc stocks have once again entered the downward channel. After falling to a 20-month low of 140525 tons on March 14, Lun zinc stocks increased sharply, rose to 144425 tons on March 15, and then fell again, with the latest inventory level of 142975 tons. "Click to view details

[a breakdown of China's January refined zinc imports of 15003 tons] according to the online query platform of the General Administration of Customs, China imported 15003 tons of refined zinc in January. Australia is the largest supplier, importing 6282 tons of refined zinc from the country that month. "Click to view details

[China's refined zinc imports fell 85.24% in February compared with the same period last year] according to the online inquiry platform of the General Administration of Customs, China's refined zinc imports were 5507 tons in February, down 63.29% from the previous month and 85.24% from the same period last year. Australia is the largest supplier, importing 2474 tons of refined zinc in the month, down 60.61% from the previous month and 71.02% from the same period last year. "Click to view details

[INSG: global nickel market oversupply 6000 tons in January 2022] the Lisbon-based international nickel industry research group (INSG) released data on Monday that the global nickel market had a supply surplus of 6000 tons in January 2022, compared with a supply shortage of 5300 tons in the same period last year. INSG expects a supply shortage of 157100 tonnes in the global nickel market this year, compared with a surplus of 103700 tonnes in 2021. "Click to view details

[Lun Nickel inventory has increased from a new low of more than two years to a four-month high] data released by LME show that since late April last year, Lunni inventory has begun a relatively smooth road to elimination from a high of 264600 tons. Lunni inventories continued to decline last week, with the latest inventory level of 73600 tons to a more than two-year low, a drop of about 72.2 per cent. Data released last week showed that nickel inventories in Shanghai continued to accumulate last week and have increased for three consecutive weeks. Weekly nickel inventories in Shanghai rose 16.15% to 7509 tons in the week of March 18, to a four-month high. "Click to view details

[output of 10 non-ferrous metals fell 0.5 per cent from January to February compared with the same period last year] Tang Weiwei, deputy director of the Industry Department of the National Bureau of Statistics, said on March 15 that the output of 338 of the 617 products increased from January to February compared with the same period last year. 196.71 million tons of steel, down 6.0 percent from the same period last year; 10.51 million tons of 10 non-ferrous metals, down 0.5 percent; 4.266 million cars, up 11.1 percent, of which 809000 new energy vehicles, up 150.5 percent; power generation of 1.3141 trillion kilowatt hours, up 4.0 percent; and crude oil processing volume of 113.01 million tons, down 1.1 percent. "Click to view details

In January 2022, China imported 180770 physical tons of spodumene concentrate, an increase of 45.64% from the previous month and 16.52% from the same period last year. Of these, Australia imports about 169919 physical tons, accounting for about 94% of the monthly imports, of which 50% go to Sichuan Province (the average price is about US $1147 / ton), 37% to Jiangxi Province (the average price is about US $918 / ton), 9% to Jiangsu Province (the average price is about US $1848 / ton), and about 5% to Shanghai (the average price is about US $644 / ton). In February 2022, China imported 188539 physical tons of spodumene concentrate, an increase of 4.3% from the previous month and a decrease of 20.64% from the same period last year. Of these, Australia imports about 181306 physical tons, accounting for about 96% of the monthly imports, of which 37% go to Sichuan Province (the average price is about US $1329 / ton), 57% to Jiangxi Province (the average price is about US $1491 / ton) and 5% to Jiangsu Province (the average price is about US $1578 / ton). From January to February 2022, China imported 369309 physical tons of spodumene concentrate (equivalent to about 46200 tons of LCE equivalent).

[some enterprises take lithium salt prices cautiously.] since last week, the high price of lithium salt in the domestic market has stabilized. SMM spot prices show that the average prices of battery-grade lithium carbonate (99.5%), power lithium iron phosphate and lithium hydroxide (56.5%) were 503000 yuan / ton, 162000 yuan / ton and 491500 yuan / ton respectively on March 21. Overall, the current rise in lithium prices has slowed down. Guotai Junan Securities Research and report statistics, at present, some enterprises take goods cautiously, only retain rigid demand procurement. From the demand side, institutional analysis believes that the seasonal decline in installed capacity in February is a normal phenomenon, and the fundamentals of the lithium industry are still supported by strong demand for electric vehicles. The continuation of the contradiction between supply and demand will still support the high price of lithium salt.

South Korean steel giant Posco will invest $4 billion in lithium projects in Argentina. South Korean steel giant Posco has announced that it will invest $4 billion in a new lithium project in Argentina. The funds will be used for a salt field project called Salar de Hombre Muerto, which is located on the border between the northern province of Salta and the province of Catamaka. Posco is expected to initially produce 25000 tons of lithium hydroxide in the salt field, a lithium product particularly needed by battery manufacturers. Once the project is completed, the production of lithium hydroxide will reach 100000 tons.

[Jiangte Motor: the dispute with Zhao Weidong will not affect the progress of "exploration and conversion" of Xikeng Lithium Mine] some investors asked on the interactive platform whether the financial dispute between Jiangte Motor and Zhao Weidong will affect the progress of exploration and conversion of Xikeng Lithium Mine. In this regard, Jiangte Motor replied: (1) the "exploration and conversion mining" work of Xikeng Lithium Mine, which the company applied to the state, is being actively promoted, and reserves filing has been completed. A development and utilization plan has been made, and the relevant information will be disclosed in time after obtaining the mining license. (2) the dispute between the company and Zhao Weidong is due to differences over the confirmation of the investment of mining rights, which will not affect the work arrangement and progress of "exploration and conversion" of Xikeng Lithium Mine. (3) all the production and operation of the company is normal. In the first quarter of this year, the production and sales of lithium plate are booming, and the price of lithium carbonate has increased significantly, which has had a positive impact on the company's performance in the first quarter. "Click to view details

[lithium hexafluorophosphate sales price to meet the new high year-on-year net profit increased nearly 25 times compared with the same period last year] for the surge in performance in 2021, the company's new materials business sector is in a trend of sustained growth. Lithium hexafluorophosphate as the representative of the new material product market demand is strong, sales prices ushered in a new high; new production capacity exceeded expectations, products in short supply. "Click to view details

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[national Development and Reform Commission, Energy Bureau: aims to achieve a comprehensive domestic energy production capacity of more than 4.6 billion tons of standard coal by 2025] the National Development and Reform Commission and the National Energy Administration have issued the "14th five-year Plan for Modern Energy system". By 2025, the annual comprehensive production capacity of domestic energy will reach more than 4.6 billion tons of standard coal, the annual output of crude oil will rise again and stabilize at the level of 200 million tons, the annual output of natural gas will reach more than 230 billion cubic meters, and the total installed capacity of power generation will reach about 3 billion kilowatts. The energy reserve system has been further improved, and the capacity of independent energy supply has been further enhanced. The power emergency security capability of key cities, core areas and important users has been significantly improved. "Click to view details

[two departments: oil production will strive to rise back to 200 million tons in 2022 and be stable for a long time] the National Development and Reform Commission and the National Energy Administration have issued the "14th five-year Plan for the Modern Energy system." It is mentioned that we should increase domestic oil and gas exploration and development, attach equal importance to both sea and land, strengthen the basic geological survey and exploration of oil and gas in key basins and sea areas, and consolidate the foundation for the continuation of resources. We should speed up the production of reserves, do a good job in "controlling decline" and "improving oil recovery" in developed oilfields, promote stable production in old oil and gas fields, increase production capacity construction in new areas, and ensure sustained and stable production and production. We will actively expand the exploration and development of unconventional resources and speed up the development of shale oil, shale gas and coalbed methane. Oil production is steadily rising, and we will strive to return to the level of 200 million tons in 2022 and maintain stable production for a long time. Natural gas production is growing rapidly, striving to reach more than 230 billion cubic meters by 2025.

Distant water cannot put out a near fire. Australian coal miners: it is difficult to replace Russia's energy status by exporting coal] A Brisbane-based miner says Australian power station coal suppliers have limited capacity to deliver coal to Europe. As a result, it is difficult to rely entirely on Australian coal exports to replace Russia's energy supply position in Europe. "We do have the ability to put it on the spot, but in fact, it will be very difficult for most manufacturers to significantly increase their supply capacity in the short to medium term," Rob Bishop, chief executive of New Hope Corp, said in an interview. "Click to view details

[Shougang shares: the total amount of electrical steel is expected to reach more than 2 million tons by 2025] Shougang shares recently disclosed the record of investor relations activities on March 17 and 18. Shougang shares said that due to the optimization of product structure, Shougang's electrical steel output fell 22% from January to February compared with the same period last year. Downstream customers have a strong demand for high-grade non-oriented electrical steel products. In June 2022, a special production line for driving motor materials for new energy vehicles will be put into operation, which can increase the high-grade non-oriented production capacity by 350000 tons / year; in the first quarter of 2023, the production line of thin-specification high magnetic induction oriented electrical steel will be put into production, with an additional orientation production capacity of 90, 000 tons / year. It is estimated that by 2025, the total volume of electrical steel will reach more than 2 million tons, and the output of high-end products will account for more than 70%. "Click to view details

[notice of SMM Iron and Steel: Tangshan Bureau of Industry and Information on obtaining transport vehicle permits for key industrial enterprises] in order to comprehensively promote epidemic prevention and control and economic and social development, matters relating to the processing of transport vehicle permits for key industrial enterprises are notified as follows: first, the scope of treatment: on the premise of ensuring the safety of epidemic prevention and control, in accordance with the principles of seeking truth from facts, genuine necessity and strict control, Key industrial enterprises that ensure production safety, environmental protection needs, prevention and control materials and people's livelihood. 2. Relevant requirements: the administrative departments of villages and towns, streets and parks, and industrial and credit departments in all counties (cities and districts) should compass the responsibilities of territorial and industry departments, and on the premise of implementing epidemic prevention and control measures, timely provide examination services for key industrial enterprises to apply for vehicle passes; after enterprises have obtained permits, they should strictly manage drivers and passengers and establish strict management systems and health monitoring for drivers. During vehicle transportation, enterprise drivers and entourage shall hold nucleic acid testing certificates within 48 hours; at road quarantine stations and checkpoints at all levels of the city, for those who hold transport vehicle passes of key industrial enterprises (including temporary passes), after the implementation of body temperature monitoring, examination of health codes, route codes, nucleic acid testing certificates and registration of drivers and accompanying personnel, those who have no objection shall be released.

[Shanxi Provincial Department of Industry and Information Technology issued "2022 Action Plan for the Transformation and upgrading of Shanxi Iron and Steel Enterprises". The Shanxi Provincial Department of Industry and Information Technology recently issued the "2022 Action Plan for the Transformation and upgrading of Shanxi Iron and Steel Enterprises," which plans to carry out enterprise services for 24 iron and steel enterprises in the province in 2022, focusing on 67 projects such as capacity replacement, energy-saving transformation, and ultra-low emissions, with a total investment of 76.14 billion yuan, with an estimated investment of 25.8 billion yuan in 2022. Focus on promoting the integration and reorganization of iron and steel enterprises inside and outside the province by Baowu Taigang, Jinshan Iron and Steel Group, Jinnan Iron and Steel, Jinyun Iron and Steel, Meijin Iron and Steel and other enterprises. "Click to view details

[symposium on major issues in the iron and steel industry held in Beijing] on March 11, the day the two sessions closed, the National Development and Reform Commission held a symposium on major issues in the iron and steel industry. He Wenbo first made a special report on the operation and development of the iron and steel industry. He Wenbo reviewed the development achievements and current operation of the iron and steel industry during the 13th five-year Plan, and pointed out that the "double control" measures adopted by the state in the iron and steel industry in 2021 played an important role in promoting fair competition, stabilizing the operation of the industry, and fulfilling the responsibility of stabilizing price and supply. the iron and steel industry has also made historic business achievements. The responsible persons of Angang, Baowu, Shougang, Hegang, Shagang, CITIC Pacific, Jianlong, Delong and other iron and steel enterprises combined with their own situation, focus on crude steel production control, iron ore resources development, green low-carbon transformation, steel import and export management, enterprise merger and reorganization, strengthening scientific and technological innovation, differential treatment of "two high" industry management and other work reports and exchanges.

[SMM News] imports of Mongolian coal, since last week Ganqimodu port clearance increased to more than 200 vehicles, Zeke port has not yet resumed customs clearance, by the recent domestic coking coal market sentiment disturbance, downstream of Mongolian coal resources high price will is not strong, at present Mongolia 5 raw coal quotation dropped to about 2400 yuan / ton.

[WSTS: 2021 global semiconductor sales increase 26% year on year expected to grow 10.4% in 2022] according to WSTS (World Semiconductor Trade Statistics Association) statistics, the global semiconductor market sales in 2021 was 556 billion US dollars, an increase of 26.2% over 2020. The agency also expects the global semiconductor market to grow by 10.4% in 2022, equivalent to $613.5 billion in sales. "Click to view details

[Ministry of Industry and Information Technology: the stock price of photovoltaic calendered glass dropped by about 40% in February] by the end of February, there were 36 enterprises in production, with a monthly output of 949000 tons, an increase of 41% over the same period last year. The average inventory of the enterprise is about 21 days. In February, the average price of 2mm photovoltaic calendered glass was 20.2 yuan per square meter, and the average price of 3.2mm photovoltaic calendered glass was 26.3 yuan / square meter, down 41.4% and 38.4% respectively from the same period last year. "Click to view details

[rare earth import and export data from January to February 2022] from January to February 2022, a total of 7835.0 tons of rare earths were exported, with a total value of US $127.648 million, equivalent to 813.22 million yuan. From January to December of 2021, a total of 48913.0 tons of rare earths were exported, with a total value of 634.3507 million US dollars, equivalent to 4.21798 billion yuan. "Click to view details

Terminal information

[Asma ASML CEO: chipmakers will be limited by a shortage of key equipment in the next two years] Asma ASML CEO Winnink said, "there will be a shortage of chip equipment in the next two years. We will ship more lithography machines this year than last year, and more next year than this year. But from the demand side, this is not enough, we need to significantly increase production capacity by more than 50%, but it will take time. "

[two departments: comprehensively promote large-scale development and high-quality development of wind and solar power during the 14th five-year Plan period] the National Development and Reform Commission and the National Energy Administration issued the "14th five-year Plan for Modern Energy system". We will comprehensively promote large-scale and high-quality development of wind and solar power, give priority to local development and utilization, speed up the construction of distributed wind power and distributed photovoltaic in load centers and surrounding areas, and promote the application of low-speed wind power technology. "Click to view details

[Shandong: by 2025 the installed capacity of renewable energy will reach more than 80GW and strive to reach around 90GW] the Development and Reform Commission of Shandong Province has issued a circular on the development plan of green and low-carbon cycle in Shandong Province during the 14th five-year Plan, which points out that by 2025, the installed scale of renewable energy power generation will reach more than 80 million kilowatts and strive to reach about 90 million kilowatts. "Click to view details

[two departments: new energy vehicles account for about 20% of sales by 2025] on March 22, the National Development and Reform Commission and the National Energy Administration issued the "14th five-year Plan for Modern Energy system". We will actively promote the application of new energy vehicles in urban public transportation and other fields, and by 2025, new energy vehicles will account for about 20% of sales. Optimize the layout of charging infrastructure, comprehensively promote the coordinated development of vehicles and piles, promote the two-way interaction of energy and information between electric vehicles and intelligent Electroweb, and carry out a pilot demonstration of a new recharging station with the combination of light, storage, charging and replacement. "Click to view details

[Funeng Technology: most of the major customer price negotiations have been completed.] Funeng Technology said on the interactive platform that the company has completed most of the major customer price negotiations, and the company's product prices have increased to varying degrees in 2022. In addition, price negotiations with Daimler are still under way.

[Xilai Automobile: no price increase plan in the short term, price stability is good for users and the market.] affected by the continued sharp rise in the price of raw materials, a number of new energy car companies have issued announcements to raise the prices of their new energy models. On March 21, Weilai Automobile told reporters, "Price stability is good for the interests of users and the market, and we have no plans to increase prices in the short term." At present, the international raw material price includes the supply and demand of chips, which makes the cost of the whole supply chain change greatly than before. We will also make flexible decisions according to changes in the objective environment. "

According to foreign media reports, according to the latest data from the automotive industry forecasting company AutoForecast Solutions ((hereinafter referred to as AFS), as of March 20, due to a shortage of chips, the global automobile market has lost about 1.1584 million vehicles this year due to a shortage of chips. Among them, the cumulative production reduction in the Chinese automobile market has increased, reaching 70900 vehicles, accounting for 6.1 per cent of the cumulative production reduction in the global automobile market. "Click to view details