SMM Steel Market Morning Post: Central Political Bureau of the Communi

Published: Dec 11, 2023 07:40

Save

SMM Steel Market Morning Post: Central Political Bureau of the Communist Party of China: China's economy is recovering and advancing in high-quality development. The Central Political Bureau of the Communist Party of China held a meeting on December 8th. The meeting believed that this year is the beginning year for fully implementing the spirit of the 19th National Congress of the Party, and also a year for the recovery and development of the economy after the transition stage of the COVID-19 epidemic control for three years. The Party Central Committee with Comrade Xi Jinping at its core has united and led the whole Party and the people of all ethnic groups in the country to withstand external pressure, overcome internal difficulties, focus on expanding domestic demand, optimizing structure, boosting confidence, and preventing and resolving risks. China's economy is on the rise and advancing in high-quality development, the construction of the modern industrial system has made important progress, technological innovation has achieved new breakthroughs, reform and opening up are advancing to greater depth, the foundation for safe development is being consolidated, and people's livelihoods are effectively guaranteed. A solid step has been taken towards the comprehensive construction of a socialist modern country.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

53 mins ago

Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]

53 mins ago

1 hour ago

[ Canada to Impose 50% Retaliatory Tariff on US Steel ]

The Canadian government announced a 50% retaliatory tariff on United States exports of steel and aluminum, scheduled to take effect on September 8, 2026. The aggressive trade measure directly responds to the recent collapse of bilateral metal trade negotiations and the implementation of US tariffs. The cross-border penalties threaten to heavily disrupt integrated North American steel supply chains ahead of the fast-approaching deadline.

1 hour ago

[ Bharat Coking Coal Output Grows 2.8% in August ]

Bharat Coking Coal Limited (BCCL) announced that its coking coal production increased by 2.8% year-on-year to 2.18 million tonnes in August 2026. Despite a sharp 65.9% drop in non-coking coal output, the core metallurgical segment drove total raw coal production to 2.21 million tonnes for the month. Opencast mining operations were the primary contributors to this volume, generating 2.19 million tonnes of the total yield.

1 hour ago