Ministry of Industry and Information Technology: In 2024, it is necessary to promote the green and low-carbon development of industry. Steadily promote carbon emission reduction in the industrial sectorStrictly control the new production capacity of steel, cement and flat glassCarry out pilot projects for industrial digital carbon management. It is necessary to boost bulk consumption such as new energy vehicles and electronic products. Details
The Ministry of Commerce and the Ministry of Science and Technology promulgated the Catalogue of China's Prohibited Export Restriction Procedures. These include some key technologies such as steel, aluminum, and rare earths. Details
**The Customs Tariff Commission announced that import and export tariffs on some commodities will be adjusted in 2024. This announcement adjusts some tariff items of steel products, including 5 tariff code steel products under HS8, mainly including hot-rolled coils, cold-rolled coils and coated coils, and adds 5 new sub-categories to their sub-items, all of which are common steel export products, involving a total of 14 million tons of exports from January to November 2023, accounting for 17% of China's finished steel exports this year. Details
According to MySteel research,Tangshan billet steel mill received a notice that it would stop and limit production at 0:00 on December 23, and the production limit is expected to last until January 4. On December 20, MySteel counted that the operating rate of 35 billet steel mills in Tangshan was 383%, it is expected that the operating rate of this production restriction will drop to about 15%, and the daily output will be affected by about 30,000 tons. Details
**The Customs Tariff Commission announced that import and export tariffs on some commodities will be adjusted in 2024. From 1 January 2024China will implement a provisional import tax rate lower than the most-favored-nation tax rate for 1,010 goods. Details
Major state-owned banks will cut deposit rates on December 22. Among them, the listed interest rates of fixed deposits of 1 year or less, 2 years, 3 years and 5 years were reduced by 10bp, 20bp, 25bp and 25bp respectively.
The central bank held an expert forum on the economic and financial situation. Pan Gongsheng, governor of the central bank, said that in the context of increasing external uncertainty, the resilience of China's foreign exchange market has been significantly enhanced, and the RMB exchange rate has remained basically stable at a reasonable and balanced level. The central bank will fully absorb the opinions and suggestions of expertsLiquidity should be kept reasonable and abundant, and the scale of social financing and the amount of money should match the expected targets of economic growth and the highest level
The State-owned Assets Supervision and Administration Commission stressed that it is necessary to make every effort to ensure basic supply, improve the ability to ensure supply under extreme weather, and do a good job in increasing production and supply for energy securityOrganize coal production, improve the capacity of power production, and make every effort to ensure the stability of oil and gas.
The Ministry of Natural Resources held a meeting of the party group, which emphasized that the pilot project of rural collective management construction land should be further promoted. Strengthen the control of land and space planning, and do a good job in ensuring land for rural revitalization. It is necessary to study and formulate documents on village planning to guide rural construction, and adhere to the overall planning at the county levelMake good use of the idle land in the village to ensure the reasonable land use needs of farmers to build housesSupport the preparation of practical village plans by zoning and classification of villages with conditions and needs.
Ministry of Housing and Urban-Rural Development: Next year, we will do a good job in four major sectors and 18 aspects: implement policies according to the city, one city and one policy, and achieve a balance between real estate supply and demandFurther intensify the implementation of the first housing and second housing policies;Implement territorial responsibilities for the delivery of buildings, strengthen the supervision of pre-sale funds, and accelerate the reform of the pre-sale systemMeet the reasonable financing needs of real estate enterprises of different ownership systems without discrimination.
On December 21, 98 iron ore transactions were made in the country's main ports0000000 tons, down 246%；237 mainstream first-class construction steel transactions 13710,000 tons, an increase of 203%。
This Friday's large variety of steel production was 905830,000 tons, a decrease of 4 week-on-week420,000 tons. Among them, the output of rebar, hot-rolled coil and cold-rolled coil increased, while the output of wire rod and plate decreased. The total inventory of large varieties of steel on this Friday was 1318170,000 tons, an increase of 20040,000 tons. Among them, the inventory of steel mills is 453650,000 tons, an increase of 23540,000 tons;Social inventory 864520,000 tons, a decrease of 3 week-on-week500,000 tons.
From the perspective of annual fluctuations, the peak monthly output of crude steel in Shandong this year is 6.66 million tons, the trough value is 5.72 million tons, and the annual fluctuation range is 940,000 tons, which is further narrowed than last year's 2.28 million tons, and is relatively stable. According to this estimate, the production of Shandong steel mills will maintain a relatively stable rhythm in 2024, and the fluctuation range of crude steel output may not be very large. Details
This week, the inventory of billets of the same caliber in the main warehouses and ports in Tangshan was 121320,000 tons, a decrease of 6 week-on-week940,000 tons.
On December 21, MySteel counted 114 steel mills with a total inventory of imported sintered powder of 2,545850,000 tons, down 55560,000 tons. The total daily consumption of sintered powder is 112320,000 tons, down 0570,000 tons.
According to mysteel statistics, taking into account the new production capacity and eliminated production capacity of existing enterprises in 2023It is estimated that China's seamless pipe production capacity will reach about 45.43 million tons in 2023, an increase of 360,000 tons from 41.32 million tons in 2022. Details
The 2024 National Energy Work Conference was held in Beijing. The meeting emphasized that in 2024, it is necessary to further promote the energy revolution, accelerate the construction of a new energy system and a new power system, strengthen the construction of an energy production, supply, storage and marketing system, and promote the high-quality development of energy to a new level at a new historical starting point. Focus on the implementation of the "dual carbon" goals and tasks, and continue to optimize and adjust the energy structure.
worldsteel: Global crude steel production in November 2023 was 145.5 billion tonsThis is an increase of 3 compared to last year3%。
According to the statistics of the China Index Research Institute, in 2023, China Debt and other financial institutions have beenProvide various forms of guarantees for bonds of more than 19 billion yuan issued by 12 private real estate enterprises.
Ministry of Transport: From January to November, the fixed asset investment in transportation was completed 36 trillion yuan. In the next step, we will take the acceleration of the construction of a transportation power as the guide, further improve the quality of transportation development in national strategic regions, and effectively promote the coordinated development strategy of the entire national region.
Recently, Zhejiang Province issued the "Several Policies on Further Promoting High-quality Economic Development (Draft for Comments)". It is mentioned thatImplement policies such as purchase tax reduction and exemption for new energy vehicles. Promote the orderly cancellation of policies such as restrictions on passenger cars in Hangzhou.
The Federation of Passenger Cars expects the retail market of passenger cars in the narrow sense to be about 227 in December00,000 units, an increase of 93%, up 4 percent year-on-year8%。New energy vehicle retail 9400,000 units, an increase of 118%, a year-on-year increase of 466%, the penetration rate is about 414%。
15:00 UK Q3 Production Law GDP
21:30 US PCE price index for November YoY.