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Week overview: Macro highlights: Li Keqiang presided over the Symposium on tax reduction and fee reduction; The Ministry of Commerce and other 22 departments issued the “14th five year plan” for domestic trade development; There is great downward pressure on the economy and intensive ...Read more »
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Summary of the week: Summary of Macro News: Li Keqiang presides over the NPC Standing Committee to decide on cross-cycle Adjustment Measures; The Ministry of Industry and Information Technology said it would expand consumption of new energy vehicles, green smart appliances and green building mate...Read more »
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Summary of the report After the domestic announcement of the “Carbon-neutral, Carbon Peak”plan, coupled with the global economic recovery, the price of seamless pipe has also risen sharply as commodities have risen collectively. At the beginning of the year, due to the rapid recovery of the econo...Read more »
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Research background of steel trader As the largest crude steel producer in the world, the demand and dependence of steel products from all walks of life can not be ignored. Since 2002, steel traders, as the main link of domestic steel circulation market, have been playing an important role. But i...Read more »
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Summary: Looking back at the steel market last week, the price of steel showed a trend of fluctuating operation. Most steel products rose first and then fell in a range of 30 points. As for raw materials, the iron ore dollar index rose by 4 points, scrap Steel Price Index rose 64 points, coke pri...Read more »
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Summary: Looking back on the steel market last week, the price of steel showed a trend of fluctuating operation, most steel products first fell and then rebounded in the range of 30-50 points; for raw materials and fuels, the iron ore dollar index rose by 6 points, and the scrap steel price index...Read more »
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Updated every Sunday before 8:00 am to get a full picture of the week’s macro dynamics. Summary of the week: Macro News: Li Keqiang in the China State Council executive meeting stressed the need to strengthen cross-cyclical regulation; Li Keqiang in the visit to Shanghai stressed the need to impl...Read more »
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Week in the Big Picture: President Xi Jinping held a video conference with U.S. President Biden; key economic data from China released in October showed industrial production exceeding expectations, investment growth continuing to slow, and consumption data picking up; China’s steel industry carb...Read more »
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Week in review: Big News: Xi will hold a video conference with Biden on the morning of November 16, Beijing Time; the release of the Glasgow Joint Declaration on Strengthening Climate Action in the 2020s; The Twenty National Communist Party congresses were held in Beijing in the second half of 20...Read more »
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- Dong Lijuan, senior statistician, National Bureau of Statistics of the People’s Republic of China, 2021, October CPI and PPI data National Bureau of Statistics of the People’s Republic of China today released the National CPI (Consumer Price Index) and PPI (producer price index for industrial o...Read more »
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Updated every Sunday before 8:00 am to get a full picture of the week’s macro dynamics. Overview of the week: China’s official manufacturing PMI was 49.2 in October, the second consecutive month in a contraction range. The National Development and Reform Commission (NDRC) called for a nationwide ...Read more »
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Here are the details: 1. Macro Manufacturing supply and demand were weak in October, with electricity supplies still tight and prices for some raw materials rising at a high level. The real estate prosperity degree is on the low side, the infrastructure investment is expected to launch vigorously...Read more »