July 19th, steel and financial news, early ginseng: steel prices to go to heaven?

State Council: Optimize the business environment and step up the introduction of a new version of the market access negative list

Li Keqiang presided over the State Council executive meeting, deployed to continuously optimize the business environment, improve comprehensive competitiveness, consolidate the economy and stabilize the market; create a fair competitive market environment; and step up the introduction of a new version of the market access negative list.

CDB: Uniform the franchise loan contract review authority to the head office, the contract approval authority is still at the branch

The person in charge of the relevant departments of the China Development Bank said: "The CDB has unified the contract review authority to the head office, mainly to prevent local governments from over-borrowing, to avoid inconsistencies in local policies, and to concentrate on the unified inspection of the head office." It also stated that according to the current credit management of CDB. The system stipulates that the approval and signing authority of the loan contract are all at the branch. At present, there is no adjustment and change, the contract approval authority is still in the branch, and there is no situation in which the head office has approved the approval authority for the loan contract.

Ministry of Finance: National government bonds issued in June 534.3 billion yuan

The Ministry of Finance disclosed the issue of local government bond issuance and debt balance in June 2018. In June 2018, the country issued 534.3 billion yuan of local government bonds. Among them, general bonds were 443.4 billion yuan and special bonds were 90.9 billion yuan; according to the use, new bonds were 315.7 billion yuan, and replacement bonds or refinancing bonds were 218.6 billion yuan. From January to June, the country issued 1,410.9 billion yuan of local government bonds. Among them, the general bonds were 104.6 billion yuan and the special bonds were 367.3 billion yuan. According to the use, new bonds were 332.9 billion yuan, and replacement bonds or refinancing bonds were 1.0878 billion yuan.

The People's Bank of China launched a reverse repurchase of 80 billion yuan for three consecutive days of net investment

On the 18th, the People's Bank of China announced that in order to protect the liquidity of the banking system from the impact of the hedging tax period and government bond issuance and other factors, the bank's 80 million yuan reverse repurchase operation was carried out on the same day. Specifically, it is 60 billion yuan 7 days reverse repurchase and 20 billion yuan 14 days reverse repurchase. In view of the expiration of the irreversible repo on the day, a net investment of 80 billion yuan was achieved.

Local debt will welcome the peak in the second half of the year

According to data from the Ministry of Finance on the 18th, as of the end of June 2018, the national government debt balance was 1,679.7 billion yuan, of which the government debt in the form of non-government bonds was 804.9 billion yuan. The industry pointed out that this year is the year of the replacement of debts, local government bonds are about to usher in the peak of issuance, and the issuance scale in the second half is expected to be about 3 trillion yuan.

[Steel News]

The two ministries jointly issued a document: comprehensively liberalize coal, and other four industry users power generation plan

On July 18, the National Development and Reform Commission and the National Energy Administration jointly issued the "Notice on Actively Promoting the Market-based Trading of Power Markets to Further Improve the Trading Mechanism", and fully liberalized the power generation plans for some key industries. According to the "Proposal", users of coal, non-ferrous metals, building materials and other industries should be allowed to use electricity plans. They should adhere to the "should be put in place" and cancel the voltage level and power scale restrictions of power users participating in the market, all of which will be released at 10 kV. Above voltage level users.

Xinhua News Agency: The decline in crude steel output in the second half of the year is a high probability event

It is widely predicted in the industry that there is a lot of uncertainty in the downstream demand growth in the second half of the year due to the fact that the overall supply oversupply situation in the industry has not been fundamentally reversed. Therefore, the decline in crude steel output is a high probability event.

Deputy Minister of the Ministry of Industry and Information Technology: Resolutely prevent the increase of cement production capacity and study the prohibition of off-site replacement

Recently, Vice Minister of the Ministry of Industry and Information Technology, Wang Jiangping, met with the Chairman of the China Building Materials Federation, Mr. Qiao Longde, and said that it is necessary to seriously promote and implement the "Measures for the Implementation of Capacity Replacement of Cement Flat Glass", and resolutely prevent the phenomenon of increasing production capacity by replacing production capacity. Further research is to prohibit the replacement of capacity in different places, and strive to hold hearings for all capacity replacement projects to allow the whole society to supervise.

The National Energy Group's 150 million-ton long contract will become the "fixing star" in the coal market.

It was learned from the National Energy Group that the 2018 Summer National Coal Trade Fair, which was well received by the industry, was held on July 19 in Erdos City, Inner Mongolia. The National Energy Group will sign another 30 million tons of coal with several key domestic power companies. The long-term contract, together with the 20-million-year long-term contract signed by the company at the beginning of the year, the national energy group's three-year coal long association contract amount is close to 50 million tons per year. As China's largest coal supplier, the National Energy Group signed a three-year contract worth nearly 150 million tons, which will become the "fixing star" for the smooth operation of China's thermal coal market in the future.

Tangshan environmental protection enhanced version hit! Environmental protection limits production into the normal state, steel prices to go to heaven?

Due to the influence of high temperature weather, the middlemen basically do not enter the market to purchase and stock up, and the rigid demand of the terminal is not warm. However, due to the gradual fermentation of Tangshan Steel Plant's production limit, the pressure on supply and demand in the off-season is not large, and the willingness of merchants to fall in price is not strong. If the Tangshan Steel Plant's production restriction policy is implemented and the steel inventory accumulation is expected to break, the futures may still push the spot to strengthen slightly.

Framed Shower Door

Framed Shower Door,Foldable Shower Door,Shower Enclosure,Square Shower Enclosure

Zhongshan Jianjie Sanitary Ware Co.,Ltd , https://www.janjieshowerdoor.com