1. Fubao's point of view
On the 28th, the country's scrap steel owners rose steadily. Up to now, 26 of the 295 steel companies tracked by Fubao have risen and 2 have fallen. The price increase area is mainly in Hebei, Henan, Hunan and other places, and the increase space is 10-50 yuan tons. Today's **trend**;As the cold winter deepens, the amount of scrap steel produced is decreasingThe winter storage month is about to usher in January, and many steel mills have winter storage and replenishment needsIn the cold winter off-season, the performance of finished timber is becoming softer and softer. On the whole, approaching the end of the year, many steel mills have winter storage and replenishment needs, superimposed scrap is more cost-effective than molten iron, steel mills with scrap demand is acceptable, which has strong support for scrap steel, but considering that with the deepening of the cold winter, the performance of finished steel is becoming weaker, many blast furnaces are in a state of loss, in the context of poor demand for finished steel and weak supply of scrap steel, scrap may be stable, some steel mills adjust their scrap according to demand, and it is expected that the short-term scrap steel will be stable. 
Second, all over the country**【East China】 Jiangsu: The local scrap steel is now running stably. At present, the mainstream transaction prices of steel enterprises: 6 thick steel sheets 2820-2870, 6 heavy waste 2790-2840, 2-4 shearing 2670-2720, shavings 2660-2720, organic pig iron 2750-2800. Today, 26 sample steel mills in Jiangsu arrived 900,000 tons, an increase of 0about 60,000 tons, an increase of about 74%。With the aftermath of price increases, the arrival of some steel companies began to rebound slightly, but there are still many arrivals that are still lower than the daily consumption. At present, the market resources are tight, and the demand for scrap steel in the province still exists, coupled with the winter storage gap of some steel enterprises, scrap steel still has support in the short term, but with the deepening of the off-season, the demand for finished products is weak, the profits of steel companies are narrowing, and the upside of scrap is limited. Now the steel mill in Anhui Province scrap steel arrived 3610,000 tons, an increase of 0250,000 tons. At present, there are 5 steel companies in the province to clarify the winter storage target, and the rest of the steel companies will also have plans after New Year's Day, and there is still strong support for scrap demand. Therefore, some terminals and base businesses still have a strong bullish sentiment, and it is expected that the short-term scrap steel will still be strong. Fujian: Today's local scrap steel is stable and in the middle of the operation, Qingtuo rose 30-40, the mainstream transaction price of steel mills: the mainstream transaction price of steel mills: steel sheet 6 thickness 2680-2880, heavy waste 6 thickness 2730-2880, steel bar pelletizing 2830-2970, cold rolled material 2720-2900. Yesterday, about 4630,000 tons, an increase of about 080,000 tons. In this period, the snail is running, the mentality of merchants in the province is stable, the pace of shipments is slowing down, and the arrival volume of steel enterprises is only enough to maintain daily consumption. At present, there is still a gap in the winter reserves of steel enterprises in the province with winter storage plans, considering that the output of scrap steel has narrowed near the end of the year, steel enterprises in order to complete the winter storage plan, it is not excluded that there will be a slight increase in the absorption, so scrap steel is easy to rise and fall in the short term, and it is expected that the local scrap steel will be stable in the short term. Taozhuang market cold and hot rolling 2690-2710, silicon steel sheet 2790-2800, plate edge 2750-2800, steel head 2690-2740, white galvanized 2630-2650, iron planer 2370-2420. The total number of arrivals in the province is 1770,000 tons, a decrease of 0120,000 tons, the total daily consumption remains unchanged. At present, the market mentality is still relatively positive, and the shipment speed has slowed down, which has also led to a significant decline in the arrival of individual steel millsThe transaction of finished steel products is cold, the profits of steel mills have been affected, the short-term scrap ** has limited upside, and it is expected that local scrap will be mainly stable. Shanghai: The local scrap steel is holding a steady wait-and-see, and the current mainstream material types: steel plates, abrasives 2750-2830, cold-rolled materials 2680-2730, silicon steel sheets 2730-2780, steel pelletizing 2780-2830, baled steel bars 2680-2730, heavy waste 2700-2750, shavings 2410-2510, color steel tiles 2300-2350. This period of snails falling, narrow range, the overall weakness of the disk, off-season finished product sales in general, poor expectations, affected by the early market ** many times to increase, steel enterprise profits narrowed, the follow-up space is limited, more stable wait-and-see, is expected to short-term local scrap steel main stable operation. Shandong: Today's province is stable and upward, now Zhengjia 2 thick or more flower material 2840-2850, Jiangguantun 10 thick or more loading price 2910-2920. Today, the scrap arrival volume of 23 sample steel mills in Shandong is 240,000 tons, an increase of 0110,000 tons, a year-on-year increase of 438%。Approaching the end of the year, steel mills have winter storage demand, according to statistics, most of the steel mills in the province still have a certain gap in inventory, the current arrival of factories in the province is acceptable, basically to meet the consumption, but it is relatively difficult to increase inventory, plus the end of the year is approaching, the base also has a demand for replenishment, the mentality of reluctance to sell is enhanced, and it is expected that it will rise and fall in the short term. Jiangxi: Today, local scrap steel is running steadily. On December 28, a total of 7 sample steel mills in Jiangxi Province received 310,000 tons per day, an increase of 0080,000 tons per day. The steel mills in the province are temporarily stable, and the pace of business shipments is also more stable, and the overall arrival of steel mills is not much different from yesterday, and individual steel mills have been pressed. However, at the end of the year, due to the production and replenishment needs of steel mills, scrap steel ** was temporarily supported. It is expected that the scrap steel in the province will run steadily in the short term. [North China] Hebei: Today, the main scrap steel in the province rose steadily, of which Tangyin rose 20, Aosen rose 15, and Ruifeng rose 20. At present, the mainstream transaction prices in Tangshan are: heavy A2910-2940, flower iron briquetting 2930-2960, and steel bar cutting head 3010-3040. A total of 46 sample steel mills in Hebei Province received 11380,000 tons a day, an increase of 0080,000 tons per day. Yesterday's arrival in the province is acceptable, the overall basic to meet the daily use, due to the shortage of wool in the market, the pressure of steel mills to purchase winter storage is greater, but due to the cold transaction of finished products, the profits of steel mills have narrowed, and the price of scrap steel is also quite hesitant, and environmental protection and production restrictions have affected the demand for scrap steel to a certain extent, so scrap steel is expected to remain stable in the short term, and individual steel mills will adjust as needed. Tianjin: Today's Tianjin scrap steel is stable, Ronggang first-class shear charge 2820, Dongli Tiangang flower iron briquetting 2895, Tiangang joint steel bar cutting head 3030. 3 sample steel companies in Tianjin arrived 0830,000 tons, an increase of 0080,000 tons. The finished products have been running for many days, and the arrival of scrap has increased slightly, but it has come to winter, the market wool resources are tight, and manufacturers are mainly absorbing, so it is expected that the short-term scrap steel will be strong. Inner Mongolia: The local market is running steadily. 6. Heavy waste 2500-2590, 8-12 heavy waste 2600-2650, 3-5 thick total material 2400-2470. Scrap arrives 070,000 tons, an increase of 0010,000 tons. Today**trend**, the pace of shipments in the province is relatively flat, and the arrival of steel mills is general, but considering that the performance of steel mills is weak, and most of the blast furnaces are in a state of loss, in the weak situation of supply and demand, steel mills are more stable and wait-and-see, and individual arrivals are less steel mills may make up for the rise, and it is expected that the short-term scrap steel will rise steadily. Shanxi: Today's market is mainly running steadily, and the purchase price of the mainstream material type of the existing Shanxi steel mills: 2800-2920 for 10 heavy waste, 2860-3000 for steel bar pelletizing, 2800-2900 for steel bar briquetting, 18. Specific gravity crushed material 2580-2680. Today, the arrival of scrap steel from 19 sample steel mills in Shanxi is 1680,000 tons per day, an increase of 020,000 tons. The weather is cold, the scrap steel is tight, the scrap steel in the peripheral Hebei region is rising, the merchants in the province are reluctant to sell, and the arrival of steel mills has decreased. The waybill is coming, and some steel mills still have the demand for warehousing, which will support the scrap steel, and it is expected that the scrap steel in Shanxi will run steadily and well in the short term. 【Northeast】 The three provinces in Northeast China: Today's market is mainly running steadily, with 2800-2850 plate armor, 2750-2800 heavy scrap, and 30 sample steel mills in Northeast China have arrived 1730,000 tons, a decrease of 0090,000 tons, steel mill arrival in a narrow range of fluctuations, the overall is still less than the rhythm required for daily consumption, approaching the New Year only 40 days left, the follow-up steel mill replenishment pressure is large, it is expected that there will still be an accelerated process of grabbing goods, so tomorrow's scrap steel is stable and strong. 【Northwest】 Northwest: The main market in the northwest is stable and operational. Ningxia Xinghua rose 30, selected the mainstream ** reference in Lanzhou: steel bar pelletizing 2530-2550;Heavy waste 6 thick wool 2430-2450;Pig iron 2410-2430;Light and thin material 2230-2250;Front and rear axles 2490-2510. Today, 14 sample steel mills in the northwest region have received 11.35 million tons, a decrease of 00.48 million tons. **Operation, the market is mostly wait-and-see, the rhythm of merchant shipments remains unchanged, the overall steel enterprises arrive in general, and some of the declines are mainly due to the impact of the completion of the supply guarantee contract. Although the finished steel in the province rose slightly, but the transaction was cold, the profits of steel enterprises were narrow, in order to meet the needs of production and replenishment, it is expected that the short-term northwest scrap steel will be mainly stable and adjusted. 【Central China】 Hubei: Since yesterday, there are still local steel mills rising. After this rally, local steel mills have certain advantages, and the arrival of goods has gradually increased. Considering that there are still steel mills under maintenance, the demand for scrap steel has declined, and the short-term is mostly stable. A total of 17 sample steel mills in Northern Province received 340,000 tons per day, a decrease of 02.25 million tons per day. At present, the mainstream market price of steel bar pelletizing is 2800-2850, 6-10 thick steel plate wool is 2610-2710 yuan per ton, 6 thick and heavy waste qualified materials are 2560-2660 yuan tons, 10 heavy waste 2660-2760, 6-10 heavy waste wool 2510-2560, all cold and hot rolled white iron 2530-2630 yuan tons, 2-4 thick shear materials 2410-2510 yuan tons, and steel lumps 2660-2710 yuan tons, for reference only. Henan: Today, the local scrap steel is stable and strong, Yongxing rose 30, and Angang rose 50. A total of 16 sample steel mills in Henan Province received 20000000 tons per day, an increase of 0050,000 tons. At present, Anyang and Zhengzhou steel sheets are 6-10 thick 2730-2780 yuan tons, and heavy waste 6 thick 2610-2680 yuan tons. The snail is high, the market reluctance to sell sentiment is aggravated, the arrival of local steel mills is not the same, the arrival of high steel mills is still high, and some of the lower arrivals of steel mills have begun to rise, therefore, the local scrap steel ** is mostly adjusted according to its own arrival in a narrow range. **Short-term local scrap main stable operation. Hunan: Today's local scrap steel is running strongly, Lianyuan Steel rose 20, Henggang rose 20, and Cold Steel rose 20. A total of 2 sample steel mills in Hunan Province received 1070,000 tons per day, a decrease of 0070,000 tons. At present, the transaction price in the mainstream market is 2540-2590 for heavy scrap 6 thick, 2690-2740 for steel bar head, 2520-2570 for machine pig iron, and 2670-2710 for cold-rolled material, excluding tax. The snail continued to be high**, the merchant slowed down the shipment speed, and the arrival of the steel mill was not as good as the daily consumption, so it was forced to rise slightly. At present, the profits of steel mills have narrowed, and the rise is weaker again, and the short-term local scrap is running steadily. 【South China】 Guangxi: The local scrap steel market is currently stable: 2450-2500 punching edge material, 2780-2830 metal punching (including galvanizing), 2830-2880 pure automobile sheet, 2850-2900 steel particles, 2830-2880 steel briquetting, 2620-2720 heavy waste, 2680-2730 large molds, 2720-2770 small molds, and 2680-2730 pig iron cast steel. Scrap steel from 14 sample steel mills in Guangxi arrived 4020,000 tons, an increase of 0080,000 tons. Yesterday's disk ** operation, the province's business shipment rhythm is still relatively stable, individual high price steel enterprises have increased, considering the traditional off-season under the influence of the general, finished transactions in general, but close to the end of the year, steel enterprises to maintain normal production, and individual replenishment needs, so in the short term scrap is easy to rise and fall. It is expected that the local scrap steel market will be stable tomorrow, and the operation will be adjusted according to individual needs. Guangdong: Today's local scrap steel is mainly stable, of which Anshan Iron and Steel Lianzhong rose 10-20, and the mainstream of ordinary punching in Zhongshan is 2580-2630 (Xiaolan pure cold sheet 2700-2750);In Foshan, the mainstream of ordinary punching is 2580-2630, and the pure cold plate heavy waste (wool) is 2640-2690, and the scrap arrival volume of 30 sample steel mills in Guangdong Province today is 6860,000 tons, an increase of 0120,000 tons, since last night, the local ** fluctuation is small, at present, the province's steel enterprises have a wait-and-see attitude towards price adjustment, on the one hand, it continues to rise and affect their own profits, on the other hand, it is not easy to receive the price, considering the shortage of market resources, the difficulty of receiving goods, the province's steel enterprises still have replenishment and production demand, short-term scrap steel ** is still supported, and local steel companies are more adjusted according to their own conditions. Southwest Yunnan: Today's local scrap steel has risen steadily. At present, steel mills have certain benefits, production enthusiasm is not reduced, but the arrival of general, and even some are not enough daily consumption, plus there is a certain winter storage plan, so the demand is more obvious, and market resources due to the off-season effect gradually decreased, in order to grab limited resources, slightly pull up scrap steel, is expected to continue to run in a narrow range in the short term. Today, 13 sample steel mills in Yunnan-Guizhou area, 2560,000 tons, an increase of 0320,000 tons. The mainstream reference price is 2780-2860 yuan per ton of Yunnan steel bar pelletizing, and 2630-2730 yuan per ton of high-quality corner materialsGuizhou steel bar pelletizing 2740-2840 yuan per ton is individually high, pig iron heavy waste is 2710-2760 yuan ton, good material. Sichuan and Chongqing: Today, Sichuan and Chongqing scrap steel are running steadily. Mainstream transaction price: pig iron steel parts 2640-2700, steel bar head 2730-2810, excellent and heavy waste 2660-2750, medium waste 2640-2710, shearing 2580-2650, specific inspection, for reference only. Yesterday, 18 sample steel mills in the Sichuan-Chongqing area, 3 scrap steel arrived yesterday790,000 tons, a decrease of 0110,000 tons, the arrival of goods is not urgent, the inventory of steel enterprises is showing a downward trend, and the current finished products in the factory are pressing. Under the condition that supply and demand are weak and profits are not guaranteed, steel enterprises will not be ruled out to reduce production in the future. It is expected that in the short term, Sichuan and Chongqing scrap steel will mainly operate on a wait-and-see basis. 
Appendix 1: Steel mill price adjustment
Appendix 2: Today's news.
Industry news 1, China Iron and Steel Association: the weighted average procurement cost of scrap steel in November was 255658 yuan tons, down 1027 yuan tonnes of scrap steel in November weighted average procurement cost of 255658 yuan tons, down 1027 yuan tons, a decrease of 040%。The cumulative average procurement cost from January to November was 265605 yuan tons, down 471 year-on-year25 yuan tons, the reduction will be implemented at 0:00 on the 28th of the month, and Meijin Iron and Steel will implement a 50% production limit On December 27, the Office of the Leading Group for Improving the Environmental Quality of the Provincial City of Taiyuan City issued the No. 8 dispatch order for the 2023-2024 autumn and winter ambient air quality guarantee, determining that from 0:00 on December 28 to 24:00 on December 30, emission reduction measures will be taken for four types of pollution sources. Meijin Iron and Steel in Qingxu County stopped 1 sintering machine, 1 shaft furnace and 2 blast furnaces of 500 cubic meters (or 1 1080 cubic meters) and implemented a 50% production limit. 3. Steel exports picked up, China's steel exports increased by more than 35% in the first 11 months due to a strong advantage, coupled with sufficient orders in the early stage, since the beginning of this year, China's steel exports have continued to run at a high level, and some overseas orders from steel mills and businessmen have also increased significantly. According to the data released by the General Administration of Customs, in the first 11 months of this year, China's cumulative steel exports were 82.66 million tons, an increase of 35% year-on-year6%, an increase of 3786%。4. Guizhou: Carry out supervision and inspection of enterprises in the comprehensive utilization of renewable resources industry and steadily improve the level of resource recycling. Select industrial solid waste or renewable resources agglomeration, good industrial foundation of the development zone (park) to carry out the cultivation and creation of provincial industrial resources comprehensive utilization base, announced two batches of a total of 13 provincial industrial resources comprehensive utilization base list, to create an efficient comprehensive utilization of industrial model, to accelerate the construction of a coordinated comprehensive utilization of industrial system. Carry out supervision and inspection of the standardized enterprises in the comprehensive utilization of renewable resources in our province, and promote the standardized development of enterprises for the comprehensive utilization of renewable resources such as waste tires, scrap steel, waste power batteries, and waste plastics. 5. Henan Anyang Yongxing Special Steel Notice: Affected by environmental protection, temporary suspension of production and collection, is expected to resume on the 31st. 6. The annual output of the cement industry hit a new low in nearly 13 years, and experts will decline or narrow next year, according to the Times, although the cement market has recovered compared with before in the fourth quarter, driven by the industry-wide staggered production. However, throughout 2023, cement** once fell below the cost line, industry demand was sluggish, and the overall output shrank. According to industry analysts, domestic cement production in 2023 may be around 2.1 billion tons, a 13-year low. Under the influence of weak demand, the cement industry may continue to decline in 2024, and it is difficult for the market to improve significantly, and the procurement cost of various varieties of benchmarking enterprises will mainly increase month-on-month, and the procurement cost of iron ore varieties will increase significantly In November 2023, the procurement cost of various varieties of benchmarking enterprises will mainly increase month-on-month, and iron ore varieties will increase significantly. From January to November 2023, the procurement cost of coking coal decreased by 19 percent year-on-year35%；Metallurgical coke fell by 22 percent year-on-year59%；Domestic iron ore concentrate decreased by 2 year-on-year06%, imported fine ore increased by 1 year-on-year91%；Scrap fell 15 percent year-on-year07%。8. The winter storage policy of 1 steel mill in Northeast China, the tentative thread collection price is 3900 yuan According to incomplete statistics, 8 steel mills have released the 2024 winter storage policy, including 3 in North China, 3 in Northeast China, and 2 in Northwest China, and 1 new steel mill in Northeast China has a winter storage policy, and the tentative thread collection price is 3900 yuan ton, with a monthly interest rate of 07%, the settlement part stopped calculating interest on the same day, and the interest calculation ended on March 31, and the settlement of macro hot spot 1 and 6 plots in Hangzhou was about 6.9 billion yuan in March Binjiang Consortium and Greentown each obtained 6 plots of land in Hangzhou on December 28, all of which were traded, with a total of 68 gold6.7 billion yuan. This is also the last batch of residential land sold in Hangzhou in 2023. Judging from the transaction results, Greentown China won 2 land plots, Binjiang Group won 1 land plot, and the rest of the land plots were won by local enterprises at a lower premium or reserve price. 2. **The Meteorological Observatory continues to issue an orange warning for fog**The Meteorological Observatory continues to issue an orange warning for fog at 06:00 on December 28: Affected by the combination of high humidity and continued unfavorable atmospheric diffusion conditions, it is expected that from the morning to the morning of December 28, there will be heavy fog in parts of southeastern Hebei, central and western Shandong, southeastern Henan, central and northern Anhui, Jiangsu, western Shanghai, northern Zhejiang, western Chongqing and other places. Some areas in central and eastern Jiangsu have strong dense fog with visibility below 200 meters, and there are extremely strong dense fog with visibility less than 50 meters locally. 3. Beijing Economic and Technological Development Zone will issue 20 million yuan of automobile consumption coupons from January 1, 2024 Recently, the last phase of Beijing's ordinary passenger car index lottery in 2023 has ended, and more than sixty percent of the indicators have been shaken by "car-free families". The reporter learned from the Commerce and Finance Bureau of the Beijing Economic and Technological Development Zone that the Economic and Technological Development Zone will issue "Good Cars and Cities" automobile consumption coupons from January 1, 2024 to March 31, 2024, with a total amount of 20 million yuan, and individual consumers who purchase new cars (including new energy) in automobile sales enterprises in the Economic and Technological Development Zone can participate. "This consumption voucher activity covers two parts: basic subsidy and additional subsidy, and consumers who meet the relevant conditions can enjoy superimposed discounts. The relevant person in charge of the Commerce and Finance Bureau of the Economic Development Zone said. 4. Zhang Hu, Member of the Standing Committee of the CPC Guangdong Provincial Committee and Executive Vice Governor: Zhang Hu, Member of the Standing Committee of the CPC Guangdong Provincial Committee and Executive Vice Governor of Guangdong Province, said at a press conference that the next step will be to focus on the "four major environments and one major project" deployed in the "Three-year Action Plan for the Construction of a World-class Business Environment in the Guangdong-Hong Kong-Macao Greater Bay Area", focusing on promoting the implementation from three aspects and promoting the business environment in the Greater Bay Area to a higher level. First, it is necessary to give full play to the decisive role of the market in the allocation of resources. Promote the comprehensive reform of the market-oriented allocation of factors in the nine mainland cities of the Greater Bay Area, further relax market access in Shenzhen and Hengqin on a pilot basis, and promote the relaxation of market access and the introduction of opinions on the reform of the regulatory system in Nansha. The second is to build a new system of high-level open economy. We will do a good job in the combination of foreign trade, foreign investment, outsourcing, foreign economic cooperation, and foreign intelligence, and promote the first batch of domestic and foreign trade integration pilots in the country. The third is to give full play to the leading role of major cooperation platforms. 5. Binjiang Group and Hangzhou Metro Consortium 171.8 billion yuan of land plots in Hangzhou Future Science and Technology City, with a premium rate of 1027% of Hangzhou sold 6 plots, with a total area of about 275 mu and a total starting price of 57700 million yuan. Among them, the No. 137 plot of Hangzhou Future Science and Technology City is owned by Binjiang Group and Hangzhou Metro Consortium with 17Won at a price of 1.8 billion yuan. After 17 rounds of **, the No. 137 plot of Hangzhou Future Science and Technology City was finally developed by Hangzhou Binjiang Real Estate Group Co., Ltd. *** Hangzhou Metro *** at a total price of 17The price of 1.8 billion yuan was won, which is equivalent to the floor price of 2370,000 square meters, premium rate of 1027%。6. A pre-application for the listing of a plot in Yizhuang New Town, Beijing Economic and Technological Development Zone, with a starting price of 7.5 billion yuanOn December 27, the Beijing Municipal Planning and Natural Resources Commission** showed that the B19R1 plot in the 0503 block of Yizhuang New Town, Beijing Economic and Technological Development Zone, was listed for pre-application, with a starting price of 7.5 billion yuan. The listing set a reasonable upper limit price of 86 for the land2.5 billion yuan, when the bidding ** reaches the upper limit price, it will be changed to the on-site bidding "existing house sales" area procedure on this basis, the starting bidding area is 1,000 square meters, and the upper limit of the "existing house sales" area is set at the same time, when the on-site bidding "existing house sales" area reaches the set upper limit area, the on-site lottery method will be changed to determine the bidder, and the bidders participating in the on-site lottery must submit the "High Standard Residential Construction Commitment". 7. Economic ** Jin Guanping: Adhere to the resonance of economic development and people's livelihood improvement at the same frequency One policy measures are mature, and an article pointed out that to make up for the shortcomings in the field of people's livelihood security, strengthen the inclusive, basic, and comprehensive construction of people's livelihood, we should focus on the goals and tasks of the people's strong reactions, worries, and worries, and introduce policies and measures that are mature one by one to ensure that various measures for the benefit of the people are carried out in an orderly manner, and on the basis of strengthening the precise expansion of the scope of protection, it is reasonable and appropriate on the premise of gradually improving the level of security. Only by doing one thing after another, year after year, and persevering in promoting economic development and improving people's livelihood at the same frequency and resonance, can we continue to improve people's livelihood and well-being at a higher level. 8. Trillions of PPP stock projects are expected to "cut off the old and the new" Non-compliant projects will be rectified The reporter recently learned that in order to speed up the implementation of the new mechanism of social capital cooperation, the introduction of supporting documents such as the outline of the franchise plan and the model of the franchise agreement will be accelerated. Industry insiders said that the new PPP mechanism has opened a new channel for the development of China's infrastructure and public utilities. With the "separation of the old and the new" of the trillion-dollar PPP stock projects, in the future, the stock projects that do not meet the requirements of the new mechanism will continue to be standardized and orderly after the comprehensive rectification, and the projects that meet the special bond support field and have a certain income can apply for local ** special bonds to raise funds. 9. Shipping freight remains high, and the number of inquiries of China-Europe trains has increased by 40% "Since the fermentation of the Red Sea incident, the number of inquiries of China-Europe trains has increased by 40%. Recently, Ma Lei, chairman of Xinjiang Zhonggu Yuyu International, which has been engaged in the business of China-Europe trains for a long time, said. Song Jinzhou, account manager of Ocean Express, said that light industrial products and e-commerce goods choose more China-Europe trains because they have higher requirements for timeliness and service. However, traditional bulk goods, such as large machinery, automobiles, etc., do not have such high requirements for timeliness, and are more inclined to low prices and large volumes.