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The Second Session of the 14th National People's Congress held a press conference at 10 a.m. on March 7. ** Chief Wang Yi said at a press conference that from March 14, the Chinese side will go furtherVisa-free travel is available to Switzerland, Ireland, Hungary, Austria, Belgium and Luxembourg
On March 7, the Ministry of Finance releasedReport on the Implementation of China's Fiscal Policy in 2023, which mentions that in 2024, effectively prevent and resolve local ** debt risks. We will continue to do our best and do what we can, and carry out in-depth fiscal affordability assessments to enhance fiscal sustainability. Strengthen the management of local ** debts, strictly implement the package of debt reduction plans, increase the resolution of existing hidden debts, resolutely prevent new hidden debts, and improve the long-term mechanism of debt reduction. Strictly enforce financial and economic discipline, strictly enforce various financial laws and regulations and management systems, and resolutely investigate and deal with all kinds of violations of laws and regulations.
According to customs statistics, in the first two months of 2024, the total import and export value of China's goods was 661 trillion yuan,A year-on-year increase of 87%。Among them, export 375 trillion yuan, an increase of 103%；Import 286 trillion yuan, an increase of 67%；* Surplus 8908700 million yuan, an expansion of 236%。
China's foreign exchange reserves stood at 32,258 in February200 million US dollars, expected 3,205 billion US dollars, the previous value of 32193$200 million.
On March 7, the central bank launched a 7-day reverse repurchase operation of 10 billion yuan, because 117 billion yuan of 7-day reverse repurchase expired on the same dayThe net return was 107 billion yuan
Shanghai Interbank Offered Rate on March 7: Overnight SHIBOR reported 17130%, unchanged from the previous trading day. 7-day shibor reported 18270%，*0.50 basis points. 3-month SHIBOR reported 21640%，*0.10 basis points.
This week, the total inventory of five major varieties of steel was 2487530,000 tons, an increase of 53280,000 tonsGrowth continues to slow。Among them, the social inventory is 1764180,000 tons, an increase of 39730,000 tons; The inventory of steel mills is 723350,000 tons, an increase of 13550,000 tons.
Mysteel counts that the total inventory of imported sintered powder from 114 steel mills of new caliber is 2525920,000 tons, an increase of 46 from the previous period890,000 tons. The total daily consumption of sintered powder is 103290,000 tons, down 2550,000 tons. The average cost of molten iron in steel mills excluding tax was 2,858 yuan tons, down 10 yuan tons
On March 7, Mysteel counted that the average cost of 40 independent electric arc furnace construction steel mills was 3,966 yuan ton, down 5 yuan ton from yesterday. The average profit was -82 yuan tons, and the profit of valley power was 21 yuan tons, down 9 yuan tons from yesterday.
Guizhou steel mills reduced production and increased again. Shougang Shuigang plans to overhaul the No. 3 blast furnace and No. 2 converter on March 20, and the supporting rolling mill will be overhauled simultaneouslyIt is expected to affect the total output of 50,000 tons。In terms of electric furnaces: Zunyi Fuxin, Guiyang Changle, Guiyang Minda, etc. Guizhou Juxin unsaturated production; Zungang, Guizhou and Xing technical transformation and production stopped.
In March, seven steel mills in Yunnan further implemented production reduction measuresIt is expected to reduce the production of construction steel by about 500,000 tons。Kunshan Iron and Steel overhaul 2 blast furnace 10-13 days; Yukun plans to control and reduce production by 80,000 tons; Chenggang plans to reduce production by 80,000 tons; Shuangyou plans to stop production for 20 days and reduce production by 60,000 tons; Xianfu implemented single blast furnace production and incremental strip products to reduce building materials by 50,000 tons; Fenggang stopped production for maintenance for 5-6 days, reducing production by 30,000 tons.
This week, the inventory of billets of the same caliber in major warehouses and ports in Tangshan was 143930,000 tons, a decrease of 11 from last week950,000 tons, an increase of 7 over the same period last year360,000 tons.
This week, 28 of the 87 section steel production lines in Tangshan actually started production, and the overall operating rate was 4746%, unchanged from last week.
As of March 7, the cost of molten iron in steel mills in Jiangsu was 2,651 yuan tons (excluding tax), Zhangjiagang heavy scrap ** 2,580 yuan tons (excluding tax), and the molten iron was 17 yuan tons higher than that of scrap steel ** (Note: taking into account the loss caused by scrap steel into the furnace, this data is only the theoretical value of the immediate cost of the day).
On March 7, the total scrap inventory of 300 parents and short-process representative steel mills across the country was 558660,000 tons, an increase of 2 from yesterday020,000 tons, an increase of 036%；The inventory turnover day was 10 days, which was the same as yesterday; The total daily consumption is 50350,000 tons, down 053%；The total number of daily arrivals is 52370,000 tons, an increase of 075%。
At the beginning of March 2024, 2 steel companies carried out ultra-low emission transformation and evaluation and monitoring progress publicity, as of March 6, 2024There have been 127 iron and steel enterprises in the China Iron and Steel Association for publicity
March 5thYonggang Group 2 1320m blast furnace successfully started to produce ironIt can produce about 1.8 million tons of high-quality molten iron annually.
On March 7, the General Administration of Customs released the following data:
SteelFrom January to February 2024, China exported a total of 1,591 steel products20,000 tons, a year-on-year increase of 326%。From January to February, China imported a total of 113 steel products10,000 tons, down 8 percent year-on-year1%。
Iron ore and its concentratesFrom January to February 2024, China imported a total of 20,945 iron ore and its concentrate20,000 tons, a year-on-year increase of 81%。
Coal and ligniteFrom January to February 2024, China imported a total of 7,451 coal and lignite50,000 tons, a year-on-year increase of 229%。
Unwrought aluminium and aluminum: From January to February 2024, China exported 96 unwrought aluminum and aluminum products60,000 tons, a year-on-year increase of 98%。
During the 2024 National "Two Sessions", many deputies to the National People's Congress enthusiastically put forward suggestions. MySteel has summarized the suggestions of the *** table for the non-ferrous metal industry in 2024
During the 2024 National "Two Sessions", many deputies to the National People's Congress and members of the Chinese People's Political Consultative Conference (CPPCC) enthusiastically put forward suggestions
Mysteel has summarized the 2024 *** table committee pairsInfrastructure industryof advice.
Mysteel has summarized the 2024 *** table committee pairsReal estate industryof advice.
Mysteel has summarized the 2024 *** table pairsHome appliance industryof advice.
On March 7, the General Administration of Customs released the import and export data of automobiles, household appliances and ships as follows:
Cars: From January to February 2024, China exported 83 automobiles10,000 units, a year-on-year increase of 2185%；1-2 months China imported cars 1030,000 units, down 283%。
Household appliances: From January to February 2024, China exported 63184 household appliances70,000 units, a year-on-year increase of 386%。
shipsFrom January to February 2024, China exported 937 ships, an increase of 59 year-on-year9%。
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