The hottest Sino US trade war is coming. How about

2022-08-24
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How about the fluctuation of steel price when the Sino US trade war comes

the futures adjusted at night, the billet was stable, and the steel price rose and fell steadily; The national tax and local tax bureau merged 535 new municipal tax bureaus in China and was listed in a centralized and unified manner; The 700billion RRR Reduction Fund was settled: the 10-year CDB bond futures were adjusted at night, the billet was stable, and the steel price rose and fell steadily; The national tax and local tax bureau merged 535 new municipal tax bureaus in China and was listed in a centralized and unified manner; 700billion RRR reduction funds settled: the yield of 10-year CDB bonds hit a new low this year; In the second half of the year, China's second-hand housing market was steadily divided; Ministry of Commerce: the US tax is to fire at the world and at itself; In the first half of the year, the coal throughput of Bohai Rim ports maintained a growth trend

1. Market situation: the average price of 20mm hrb400e rebar in 24 major markets in China is 4098 yuan/ton, the same as that of the previous trading day

the average price of 4.75 hot rolled coils in 24 major markets in China was 4244 yuan/ton, down 11 yuan/ton from the previous trading day

the average price of MM common medium plate in 23 major markets in China was 4364 yuan/ton, down 8 yuan/ton from the previous trading day

after the release of screw thread social inventory data, it has caused a lot of repercussions to the market. Although the market now has frequent environmental protection policies, the actual impact on the supply of steel enterprises has not been significantly reflected in terms of crude steel output

the impact of a series of policies and seasonal market factors issued for the shed reform and real estate, to a certain extent, has led to the weakening of downstream demand, so there is no obvious contradiction between the current supply and demand sides

environmental protection: the recent environmental protection news stack 1. The placement of samples, especially after the introduction of the implementation plan for emission reduction in Tangshan, will mainly focus on the transformation of whitening equipment in the later stage. It is expected that by the end of October, it is unlikely that all enterprises involved in Tangshan will pass the acceptance and stably reach the ultra-low emission standard

macro news: the specific policy of imposing tariffs on goods from the United States on China was officially implemented today. At present, there are still many uncertain factors, so the specific impact on the steel market is not clear for the time being, the overall mood is relatively not optimistic, and most of them hold a weak state of economic expectations in the later stage. Therefore, pay attention to the final result of today, and it is expected that the steel price will fluctuate

2. Raw materials: Tangshan ordinary square billet stabilized to 3620 yuan/ton; The Platts iron ore index fell 1.34% to US $62.50

3. Futures: Night plate screw thread main collection 3 pile low strain dynamic detection specification jgj/t 93 (9) 5786 rose 12; The main force of the hot coil closed 3854 down 5; Iron ore closed at 458.5, up 3. Coke closed flat in 2010, while coking coal closed 1148, up 4.5

4. Stock market: the Shanghai Composite Index closed at 2733.88 points, down 0.91%, with a turnover of 132.994 billion. The Shenzhen composite index closed at 8862.18 points, down 1.92%, with a turnover of 182.503 billion. The gem index fell 2.10% to 1532.68 points, with a turnover of 63.457 billion

5. Exchange rate: the dollar index fell, and the dollar index closed at 94.40 as of July 6; The central parity rate of the RMB against the US dollar was 6.6180, up 415 basis points

6. Outer market: London Metal fluctuated, with Lun copper falling 1.24% to $6324/ton; Lun aluminum 1 The concise interface fell 1.09% to US $2080/ton; LUNI nickel rose 0.39% to US $14195/ton; Lun zinc fell 0.55% to US $2695/ton

7. WTI: students, engineers and designers watched Leeper training. Crude oil futures closed down $0.01, or 0.01%, at $73.11/barrel

1. The national tax and local tax bureau was merged and listed in 535 new municipal tax bureaus in China. The state tax bureaus and local tax bureaus at the municipal level in China were merged. On the 5th, 535 municipal new tax bureaus, including the tax bureaus of Dezhou, Nanchang, Erdos, Xi'an, Chongqing Liangjiang New Area, Tongliao, Changsha and Ali, were listed and performed their duties

2. Many institutions predict that GDP will grow by about 6.7% in the first half of the year. This month, the National Bureau of statistics will release China's economic operation data for the first half of 2018. The economic growth in the first half of the year fell slightly compared with that in the first quarter or now, and the growth rate of gross domestic product (GDP) was about 6.7%

3. The 700billion RRR Reduction Fund was settled: the yield of 10-year CDB bonds hit a new low this year. Driven by the active bond 180011, the yield of 10-year Treasury bonds fell 1bp to 3.50%; Driven by the active bond 180205, the 10-year CDB bond fell 3bp to 4.14%, a new low in the year

4. General Administration of Customs: the tax measures against the United States will be implemented after the U.S. tax measures take effect. According to the Announcement No. 5 of the Tariff Commission of the State Council in 2018, the tariff increase measures for some imported goods originating in the United States will be implemented after the tariff increase measures of the United States take effect

5. The second-hand housing market in China was steadily differentiated in the second half of the year. The report believes that the property market policy is still tight in the second half of the year against the backdrop of the weakening marginal effect of regulation in the first half of the year; In the first half of this year, the performance of the second-hand housing market was differentiated, and the downward pressure on the market was slightly greater in the second half of this year

6. Scale competition intensifies. In the first half of the year, the sales of 100 real estate enterprises reached nearly 5trillion. In the first half of 2018, a total of 138 real estate enterprises had sales of more than 5billion yuan, an increase of 12 over last year; The total sales volume was 4974.3 billion yuan, an increase of 25.6% year-on-year; The market share increased by 15.2 percentage points to 76.4%, and the industry concentration further increased

7. The central parity rate of the RMB against the US dollar rose by 415 basis points, the largest increase in more than eight months. The foreign exchange trading center announced that the central parity rate of the RMB against the US dollar was 6.6180, a sharp increase of 415 basis points from the previous trading day, the largest increase since October 11, 2017

8. Minutes of FOMC meeting: most Fed officials saw the increased risk of trade policy. In the context of a strong economy, it is necessary to gradually raise interest rates, which may make the federal funds rate of the Federal Reserve higher than the neutral level sometime next year. Most members saw that the risks surrounding trade policies were strengthening, and the political and economic events in Europe and some emerging markets posed a downward risk to U.S. economic growth and inflation, which was worrying

1. Summary of investigation in Tangshan area: About 10million tons of ground bar steel production in the region has been completely banned. Steel bars in the region have been completely banned, with an output of about 10million tons. At present, there are four electric furnace enterprises registered in Tangshan, with a total capacity of million tons. For example, Jinzhou was put into production in July

2. Behind the industry wide loss to record profits: the steel industry has laid off more than 1.35 million workers in three years. The number of employees in the steel industry has accelerated. As of May 2018, the number of employees in the steel industry was 2.268 million, a decrease of 1.359 million compared with the end of 2015

3. The net profit of Xinxing cast pipe is expected to increase by 116% to 141% year-on-year. Xinxing cast pipe (000778) released a performance forecast. The company estimated that the net profit attributable to shareholders of Listed Companies in 2018 was 1.080 billion to 1.21 billion, with a year-on-year change of 116.00% to 141.00%, and the average net profit growth rate of the steel industry was 76.63%

4. Angang Steel Group plans to transfer 360million A shares of Angang Steel shares to PowerChina group free of charge. The transfer aims to strengthen the strategic cooperation between the controlling shareholder Angang Steel Group and China Power Construction Group Co., Ltd. and optimize the equity structure of Angang Steel (sz000898). 360million A shares account for about 4.98% of the company's total share capital. After the transfer, Angang Group holds 53.33% of the company's shares

5. In the first half of the year, the coal throughput of Bohai Rim ports maintained an increasing trend. In the first half of the year, China's Bohai Rim coal ports shipped 352 million tons of coal, an increase of 12.5 million tons year-on-year

6. BDI: the Baltic dry bulk index rose 2.87% to 1612 points. Realize six consecutive rises

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