Mysteel early reading on behalf of the suggestion of iron ore supply, key steel enterprises crude st

Mondo Finance Updated on 2024-03-06

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The second session of the 14th National People's Congress opened in Beijing, and the leaders put forward in the work report that the main expected goals for this year's development are:GDP growth of around 5%; More than 12 million new jobs were created in urban areas, and the surveyed urban unemployment rate was 5about 5%; Household consumption** increased by about 3%; Household income growth and economic growth are synchronized; The balance of payments remained basically balanced; Grain production 1more than 3 trillion catties; Energy consumption per unit of GDP is reduced by 2about 5%; The quality of the ecological environment continues to improve.

Deputy to the National People's Congress, Secretary of the Party Committee and Chairman of China Baowu Taigang Group Sheng Genghong suggestedGive full play to the leading role of the first, develop and integrate regional resources as a whole, continue to optimize the transfer of mineral resources, and accelerate the integration of iron ore resources. It is conducive to promoting the formation of an intensive, efficient, green and safe high-quality development pattern of China's iron ore resource industry.

According to the data of the China Iron and Steel Association, in late February 2024,Key statistics of crude steel enterprises with a daily output of crude steel 213000000 tons, an increase of 138%, the same caliber decreased by 4 compared with the same period last year06%;Pig iron Nissan 187790,000 tons, down 142%, a decrease of 6 over the same period last year23%;Steel Nissan 206500,000 tons, an increase of 403%, down 8 percent from the same period last year62%。

While participating in the deliberations of the Jiangsu delegation, the state leaders stressed the need to develop new productive forces in accordance with local conditions. In the face of a new round of scientific and technological revolution and industrial transformation, we must seize the opportunity, increase innovation, cultivate and expand emerging industries, advance the layout and construction of future industries, and improve the modern industrial system. The development of new quality productive forces does not mean ignoring or abandoning traditional industries, and it is necessary to prevent a rush to the top and a bubble, and we must not engage in a single model.

* The work report proposes that more policies conducive to stabilizing expectations, growth, and employment should be introduced, and contractionary and repressive measures should be cautiously introduced. We will strengthen counter-cyclical and cross-cyclical macroeconomic policy adjustments, continue to implement a proactive fiscal policy and a prudent monetary policy, and strengthen the innovation and coordination of policy tools. This year's deficit rate is planned to be arranged at 3%, and the deficit scale is 406 trillion yuan; It is proposed to arrange local ** special bonds 39 trillion yuan. It is planned to issue ultra-long-term special treasury bonds for several consecutive years, starting with 1 trillion yuan this year.

Delegations to the Second Session of the 14th National People's Congress (NPC) held a full-day group meeting on March 6. In the morning, the work report is reviewed, and in the afternoon, the plan report and draft, the budget report and the draft are reviewed. The Second Session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) held a joint sector meeting and a group meeting throughout the day on the 6th. In the morning, the work report was discussed and the work report of the Standing Committee of the Chinese People's Political Consultative Conference (CPPCC) was reviewed; In the afternoon, we will discuss the work report, review the work report of the Standing Committee of the Chinese People's Political Consultative Conference, and discuss the plan report, the budget report, and the draft revision of the Organic Law.

The state issued the "Draft National Economic and Social Development Plan for 2024", proposing to increase the proportion of loans to private enterprises and the scale of bond financing. Study and formulate action plans for the construction of a first-class business environment in key regions such as Beijing-Tianjin-Hebei and Northeast China. Plan and formulate policies and measures to deepen the development of the Guangdong-Hong Kong-Macao Greater Bay Area in the new era. Support the Hainan Free Trade Port to further relax market access.

Russian assistant Ushakov saidThe 2024 BRICS Summit will be held in Kazan, Russia, from October 22 to 24, which will be the first summit of the BRICS countries after the enlargement.

On March 5, the country's main port iron ore transaction was 77350,000 tons, an increase of 459%;237 mainstream first-class construction steel transactions 8670,000 tons, down 221%。

On March 5, the total inventory of imported iron ore in China's 45 ports was 13,861440,000 tonsAn increase of 870,000 tons from last Monday, 47 ports with a total inventory of 14359440,000 tons, an increase of 890,000 tons from the previous month.

From February 26 to March 3, the total iron ore inventory in the seven major ports of Australia and Brazil was 127090,000 tonsMonth-on-month, an increase of 8390,000 tons, slightly above the average so far this year.

On March 5, the average cost of 40 independent electric arc furnace construction steel mills was 3,986 yuan, down 5 yuan from the previous month. The average profit loss was 65 yuan tons, and the profit of valley power was 38 yuan tons.

Zhongnan Co., Ltd. plans to stop production and transform the 3450mm medium and heavy plate production line from March 9It is estimated that production will resume around the end of March, affecting the average daily output of medium and heavy platesAbout 330,000 tons.

The second session of the 14th National People's Congress opened in the Great Hall of the People on the morning of March 5, and Premier Li Qiang made a work report to the conference. This year's "** Work Report" mentions the promotion of steady growth of consumption, foreign investment access in the manufacturing industry, etcMySteel has sorted out the key points related to steel.

During the 2024 National "Two Sessions", many deputies to the National People's Congress and members of the Chinese People's Political Consultative ConferenceSuggestions for the green development of the coal industry

Zhang Ronghua, deputy to the National People's Congress and chairman of the board of directors of Tianjin Rongcheng Xiangtai Investment Holding Group, suggestedPromote the green, low-carbon and high-quality development of the steel industry from six aspects, including improving the incentive policies for carbon peaking and carbon neutrality in the steel industry, and increasing the intensity of differentiated electricity price policies.

The State Mine Safety Supervision Bureau issued the "Several Measures to Combat and Prevent Mine Concealment of Accidents", proposing to severely punish the act of concealment. All mines where accidents are concealed shall be classified as Class C and below mine management.

February 26 - March 3,The total area of newly built commercial housing transactions (contracts) in 10 key cities is 159040,000 square meters, an increase of 80% month-on-month;A year-on-year decrease of 451%, the decline has narrowed. In the same period, the total area of second-hand housing transactions (contracts) in 10 key cities was 136390,000 square meters, an increase of 222%, down 37. year-on-year7%。

On March 5, Zhang Yuzhuo, director of the State-owned Assets Supervision and Administration Commission, said at the first "ministerial channel" centralized interview activity of the second session of the 14th National People's Congress that from the perspective of state-owned assets supervision, the main thing is to encourage enterprises to innovate boldly and break down some institutional and institutional obstacles that affect high-quality development. For example, new energy vehicles, state-owned automobile enterprises are not developing fast enough in this regardWe have adjusted the policy to conduct a separate assessment of the new energy vehicle business of the three leading automobile companies.

15:00 Germany January import and export;

18:00 Eurozone January retail sales;

21:15 US ADP employment in February;

22:45 Bank of Canada policy rate.

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