Difficulties in the transformation of the steel industry: is “throttling” and “open source” the new way out?
China's steel industry is undergoing unprecedented market and structural changes. This is different from the bottom of a single industry cycle in the past 30 years. The current downturn in the steel industry has the characteristics of multiple cycle fluctuations and resonates, and the logical basis of the industry has changed greatly.
愛德新能源:2023年年報
China Mining Association: The cumulative production of 336.026 million tons of steel in the first quarter increased 4.4% year-on-year
On April 30, the China Mining Association announced the economic performance of the metallurgical mining industry for March 2024.
World Steel Association: In January 2024, global crude steel production was 161.2 million tons, down 4.3% year on year
On April 23, the World Steel Association announced the global crude steel production volume for March 2024.
China Steel Association: In early April, according to key statistics, the daily crude steel production of steel companies declined by 2.11,1800 tons year-on-year
On April 17, according to the China Iron and Steel Association, in early April 2024, key statistics steel companies produced a total of 21.1117,700 tons of crude steel, 19.646 million tons of pig iron, and 197532 million tons of steel.
Express News | World Steel Association: Demand (for steel) is expected to rebound 1.7% this year to 17.93 million tons.
Express News | The National Development and Reform Commission, the Ministry of Industry and Information Technology and other departments are conducting research and deployment on the regulation of crude steel production in 2024
Aide New Energy (02623) announced annual results. Profit attributable to shareholders was 505.25 million yuan, a year-on-year decrease of 12.34%
Aide New Energy (02623) announced its annual results for the year ended December 31, 2023, with revenue of approximately 12.64...
ADD NEW ENERGY: ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
“I can't put down the storeroom”! Demand recovery weakens year-on-year, steel people are anxious “not busy every day” and look forward to supply-side reforms
Financial Services Association, March 16 (Reporter Zhang Liangde) The 2024 crisis has passed, but demand in the steel market has yet to recover.
Aide New Energy (02623.HK) held a board meeting on March 27 to consider and approve the annual results
Glonghui March 15 | Aide New Energy (02623.HK) announced that it will hold a board meeting on March 27, 2024 (Wednesday) to consider and approve (including) the audited annual results of the company and its subsidiaries for the year ended 31 December 2023 and the proposed payment of a final dividend (if any).
ADD NEW ENERGY: NOTICE OF BOARD MEETING
Express News | China Steel Association held a launch meeting to evaluate new steel production capacity management mechanisms and steel production capacity replacement policies
China Steel Association: In early March, key statistics showed that steel companies' crude steel production of 2,058,000 tons per day fell 3.38% month-on-month
According to the China Steel Association, in early March 2024, according to key statistics, steel companies produced a total of 205.77,800 tons of crude steel, 18.4.376 million tons of pig iron, and 19.2762 million tons of steel.
China Steel Association: In late February, key statistics showed that steel companies' crude steel production of 2.13 million tons per day increased 1.38% month-on-month
The China Iron and Steel Association issued a document stating that in late February 2024, key statistics on steel companies produced a total of 19.1696 million tons of crude steel, 16.9.09 million tons of pig iron, and 18.5848 million tons of steel.
Weak demand for starting construction in the steel market, pressure from the industrial chain is transmitted upstream to coal coke|Industry News
Financial Services Association, Feb. 28 (Reporter Zhang Liangde) After the Mid-Autumn Festival, demand for terminals recovered, but industry sentiment was still weaker than in previous years. Steel companies continued to drop to deliver “chill” to the middle and upstream raw materials. Coke prices rose and fell in four rounds, and market sentiment was sensitive under the influence of conflicting expectations of production cuts and slowing demand, and prices fluctuated sharply in the short term.
World Steel Association: In January 2024, global crude steel production was 148.1 million tons, down 1.6% year on year
According to the data, in January 2024, the world's crude steel production in 71 countries included in the World Steel Association statistics was 148.1 million tons, a year-on-year decrease of 1.6%.
“Orders are growing fast”! Demand for ultra-supercritical thermal power projects drives a sharp pre-increase in industrial stainless steel pipe companies|Industry Watch
Financial Services Association, January 27 (Reporter Zhang Liangde) Amid the downward situation in the steel industry, the industrial steel pipe manufacturer segment is still maintaining a high growth rate.
Huafu Securities: Real estate drag is gradually easing, and total steel demand is expected to grow steadily in '24
The Zhitong Finance App learned that Huafu Securities released a research report saying that in 2023, China's crude steel production will be about 1,019 billion tons, which is basically the same as the previous year.
Summary of early trading futures news | China Steel Association: Rebar stocks were 3.58 million tons in mid-January, an increase of 230,000 tons over the previous month
Analysis of steel mesh inventory for the week ending January 24: production of building materials was 3.235,800 tons, down 58,400 tons from week to month, down 1.77%; down 12,800 tons from year to year, down 0.39%.
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