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Economy

Date:

NBS: China’s 2019 GDP up 6.1% on year, within target Jan 17, 2020

For 2019, China’s gross domestic product grew 6.1% on year to Yuan 99 trillion ($14 trillion), with the final result coming within the central government’s targeted range for last year of 6-6.5%, according to National Bureau of Statistics (NBS) data released on the release on January 17. “Most of the tasks were fulfilled, laying a solid foundation for China to develop into a well-off society,” NBS commented.
NBS: China’s 2019 FAI up 5.4%, property up 9.9% Jan 17, 2020

Fixed asset investment (FAI) in China’s manufacturing sector grew by a total of 5.4% on year during full year 2019, up 0.2 percentage point from the first eleven months, according to the latest data from the National Bureau of Statistics (NBS) released on Friday. FAI in the domestic property market increased by 9.9% on year during January-December, though this was off by a tiny 0.3 percentage point from the January-November reading, the data show.
FLASH: CHINA’S 2019 FAI UP 5.4%, PROPERTY UP 9.9% Jan 17, 2020

China’s fixed asset investment (FAI) in manufacturing sector grew 5.4% on year for 2019 among which the FAI into property market up 9.9% on year, according to the latest statistics from the National Bureau of Statistics. A detailed report will be posted soon.
FLASH: CHINA’S 2019 GDP UP 6.1% ON YEAR Jan 17, 2020

China’s gross domestic product (GDP) grew 6.1% on year for 2019 to Yuan 99 trillion ($14 trillion), according to the latest statistics from the National Bureau of Statistics. A detailed report will be posted soon.
MACRO: China, U.S. sign phase-one trade agreement Jan 16, 2020

China and the US trade tension has shown signs of easing as the two countries signed their phase-one economic and trade agreement on January 15 (Washington time) after nearly two years of trade frictions and talks, according to a news report by Xinhua News Agency on January 16.
China’s central bank to cut reserve ratio from Jan 6 Jan 02, 2020

The People’s Bank of China (PBOC), China’s central bank, announced on January 1 that it will shave the reserve requirement ratio of financial institutions by 0.5 percentage point from January 6, in order to support the development of the real economy and to lower financing costs for Chinese enterprises.
NBS: China’s Dec manufacturing PMI unchanged at 50.2 Dec 31, 2019

China’s Purchasing Managers’ Index (PMI) for the country’s manufacturing industry remained at 50.2 for December, unchanged from November, according to the latest release from China’s National Bureau of Statistics (NBS) on Friday.
China’s economy on its own track despite trade tension Dec 17, 2019

China’s economists anticipate China’s economy to stay stable at about a 6% year-on-year growth in 2020 and it helps that the tension between U.S. and China in trade has eased with the latest agreement, according to their sharing at the Mysteel Bulk Commodities Week 2020 forum on December 14-15 in Shanghai.
CONF: China steel consumption in property steady in 2020 Dec 17, 2019

China’s steel consumption is expected to remain steady from the property sector in 2020 because of the ongoing construction works, even though a slower growth in fixed asset investment in the sector is expected next year, speakers agreed at the Mysteel Bulk Commodities Week 2020 forum on December 14-15 in Shanghai.
NBS: China’s Jan-Nov fixed asset investment up 5.2% Dec 16, 2019

China’s overall fixed asset investment (FAI) grew by 5.2% on year to Yuan 53.37 trillion ($7.5 trillion) over January-November, with the growth remaining unchanged from that recorded for January-October, according to the latest release from the country’s National Bureau of Statistics (NBS) on December 16. Growth in funding for the property sector was recorded at 10.2%, off by just 0.1 percentage point from the first ten months.
FLASH: CHINA JAN-NOV FAI UP 5%, PROPERTY UP 10% Dec 16, 2019

China's fixed asset investment in general grew5.2% on year to Yuan 53.37trillion ($7.5trillion) over January-November, among which the funding in the property market went up 10.2% on year to Yuan 12.13trillion.A detailed story will be posted soon.
ECONOMY: China Jan-Nov trade surplus in Yuan up 35% Dec 10, 2019

China’s foreign trade surplus in Yuan enlarged 34.9% on year to Yuan 2.6 trillion ($369.4 billion) over January-November, though the trade surplus in the U.S. dollar increased 28.4% on year to $377.6 billion, according to a release by China’s General Administration of Customs on December 8, both, however, being lower than the 42.3% or 34.9% for the first ten months.
China’s Nov Cu concs imports jump 13% on month Dec 09, 2019

China’s imports of copper concentrates and ores climbed by 12.7% on month to 2.2 million tonnes during November, according to the latest release from China’s General Administration of Customs. Last month’s volume took the January-November total to 20.1 million tonnes, also higher by 10.2% on year.
NBS: China’s Nov manufacturing PMI back to expansion Dec 02, 2019

China’s Purchasing Managers’ Index (PMI) for the country’s manufacturing industry returned to the expansion zone in November after having hovered in contraction area for six months earlier on, or rebounding 0.9 basis point on month to 50.2, the latest release from China’s National Bureau of Statistics (NBS) on Saturday.
FEATURE: China grants 1st batch of $142 bln special bonds Nov 29, 2019

Earlier than usual, China’s Ministry of Finance (MOF) disclosed on November 27 to grant China's local authorities a total of Yuan 1 trillion ($142.4 billion) quota for the issuance of government bonds for specific uses, which is part of efforts to stabilize the national economy in 2020, clarifying that this is just “part of the whole parcel”.
ECONOMY: China’s subtle economic stimuli music to steel Nov 18, 2019

China’s National Development and Reform Commission (NDRC) has shed more light on a series of subtle and indirect economic stimulus efforts being pondered at its monthly press conference on November 15 in Beijing, and China’s steel market has sourced great support from these, as many of them relate to steel consumption.
NBS: China Jan-Oct FAI up 5.2%, property up 10.3% Nov 14, 2019

China’s fixed asset investment (FAI) in general grew 5.2% on year to Yuan 51.1 trillion ($7.3 trillion) over January-October, and the growth in the funding in the property sector was recorded at 10.3%, according to the latest release from the country’s National Bureau of Statistics (NBS) on November 14.
FLASH: CHINA JAN-OCT FAI UP 5%, PROPERTY UP 10% Nov 14, 2019

China's fixed asset investment in general grew5.2% on year to Yuan 51.1 trillion ($7.3 trillion) over January-October, among which the funding in the property market went up 10.3% on year to Yuan 11 trillion. A detailed story will be posted soon.
MoC: China, U.S. agree to roll back tariffs in phases Nov 08, 2019

China and the U.S. have agreed to roll back tariffs on each other’s goods in phases “at the same time” and “by the same degree” as part of the “phase one” trade deal if it is to be reached, Gao Feng, spokesman of China’s Ministry of Commerce (MoC) confirmed at the press conference in Beijing on November 7.
CONF: China’s 2020 GDP growth may slip to around 5.8% Nov 01, 2019

China’s 2020 GDP growth may slow down further to around 5.8% from 6.1% this year, and the investment in property sector is expected to ease next year, Ren Zeping, Chief Economist of Evergrande Group shared his projection on October 31 at Mysteel’s 2019 Steel Value Chain Derivatives Summit in Xiamen, Southeast China’s Fujian province.

Pre 1 2 3 4 5 6 Next

Product	Grade	Size	Price	Chg	Port
Billet	3SP/Q235	150*150	490	0	Tianjin
Rebar	HRB400	20*12	500	-10	Tianjin
HRC	Q235B	5.51500C	518	-15	Talian
Plate	Q345B	1218002000	515	-20	Tianjin
CRC	SPCC	1.0*1250	535	0	Tianjin
Galvanized	SGCC	0.31000C	665	0	Tianjin

Economy

NBS: China’s 2019 GDP up 6.1% on year, within target Jan 17, 2020

NBS: China’s 2019 FAI up 5.4%, property up 9.9% Jan 17, 2020

FLASH: CHINA’S 2019 FAI UP 5.4%, PROPERTY UP 9.9% Jan 17, 2020

FLASH: CHINA’S 2019 GDP UP 6.1% ON YEAR Jan 17, 2020

MACRO: China, U.S. sign phase-one trade agreement Jan 16, 2020

China’s central bank to cut reserve ratio from Jan 6 Jan 02, 2020

NBS: China’s Dec manufacturing PMI unchanged at 50.2 Dec 31, 2019

China’s economy on its own track despite trade tension Dec 17, 2019

CONF: China steel consumption in property steady in 2020 Dec 17, 2019

NBS: China’s Jan-Nov fixed asset investment up 5.2% Dec 16, 2019

FLASH: CHINA JAN-NOV FAI UP 5%, PROPERTY UP 10% Dec 16, 2019

ECONOMY: China Jan-Nov trade surplus in Yuan up 35% Dec 10, 2019

China’s Nov Cu concs imports jump 13% on month Dec 09, 2019

NBS: China’s Nov manufacturing PMI back to expansion Dec 02, 2019

FEATURE: China grants 1st batch of $142 bln special bonds Nov 29, 2019

ECONOMY: China’s subtle economic stimuli music to steel Nov 18, 2019

NBS: China Jan-Oct FAI up 5.2%, property up 10.3% Nov 14, 2019

FLASH: CHINA JAN-OCT FAI UP 5%, PROPERTY UP 10% Nov 14, 2019

MoC: China, U.S. agree to roll back tariffs in phases Nov 08, 2019

CONF: China’s 2020 GDP growth may slip to around 5.8% Nov 01, 2019

Daily Prices

Prices Summarization

FOB prices of steel products on August 6