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China’s central government aims to promote domestic sales of electric home appliances via a trade-in policy and within three years, as well as to set up an orderly system for collecting, separating and recycling old home appliances, according to two posts from the country’s National Development and Reform Commission (NDRC) on May 18 and May 19.
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China’s Ministry of Ecology and Environment (MEE) released two notices on its website on November 12 regarding winter restrictions in the Fenwei Plains and the Yangtze River Delta area over October 1-March 31 2020, with steel, coal and coke industries mentioned, though the focus has been on PM2.5 reduction and waste emission than any detailed and specific instructions in tackling coking, blast furnaces, and sintering.
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After a six-year hiatus, China’s National Development and Reform
Committee (NDRC), the country’s top economic planning body, has released its
latest industrial restructuring guidelines, effective on January 1 2020, to
direct the development of all the key 48 economic sectors including new energy,
coal, steel, nonferrous metals and mining.
The version, posted on the Committee’s
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Chinese steel market participants are divided on whether steel mills in the “2+26” cities in North China will definitely face tougher restrictions from their local authorities in the upcoming winter over November-March 2020 just because Beijing has set a higher bar for air pollution reduction, targeting to reduce the average PM2.5 density by 4% on year for the 2019 winter from last year’s 3% reduction.
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China is proud of its contribution to the global economy which has seen the country’s growth account for nearly one-third of global growth over the past few years, according to Hua Chunying, the spokesperson of China’s Ministry of Foreign Affairs.
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Inspectors from the local government of North China’s Shanxi province have begun investigating complaints that alumina plants in the province are responsible for serious leaks from sludge dumps that are causing pollution. Thus, market sources fear alumina supplies could be significantly affected.
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China has been progressing steadily in the shift towards eco-friendly energy consumption model by having further reduced coal proportion in energy consumption by 1.4 percentage points on year to 59%, according the latest statistics from China’s National Bureau of Statistics (NBS).
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China’s Premier Li Keqiang drafted a few economic development targets including a gross domestic product (GDP) growth at 6-6.5% and proposed a series of measures to support the domestic economic performance for 2019 when delivering his government report at the National People’s Congress annual session on March 5.
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Beijing’s shift of its focus onto detailed air pollution
control guidelines for the “2+26” cities over October 1-March 31 2019, which
differs from the specific and detailed blanket control over polluting
industries including steel on their capacities,will by no meanssuggest “the loosening in control or lower severity
in essence from the 2017 winter”, according
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Chinese domestic aluminum prices are seen fluctuating in a narrow band this month but will basically remain firm as higher production costs are giving support for the light metal’s price, market sources said on September 7.
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China’s Ministry of Industry and Information Technology listed another seven domestic copper smelters on its website for public review over August 28-Sptember 28 before formally granting them the qualification certificates.
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Changzhou city in East China’s Jiangsu province is among the latest to join Beijing’s drive to improve air quality, with the city explicitly instructing 48 local steel mills to continue to cut their daily steel output beginning July 25 and lasting possibly until year’s end, an official from Changzhou City Environmental Protection Bureau confirmed on July 30.
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Copper prices in China are increasing at quick pace after continuously retreating for the most of July and are now catching up with the higher levels they reached a month ago, market watchers said Wednesday. The most-traded copper futures contract on Shanghai Futures Exchange, that for September, surged almost to the Yuan 50,000/tonne ($7,353/t) level on July 25, closing at Yuan 49,910/t, up by Yuan 710/t over the settlement price the previous day.
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The most traded nickel contract on the Shanghai Futures Exchange - that for September - surged by Yuan 1,350/tonne ($205/t) on Thursday from Wednesday's settlement price, closing at Yuan 116,220/t as of June 28.
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A three-year work plan to fight atmospheric pollution unveiled by China's State Council in a meeting Wednesday could have wide-ranging implications for the country's steel industry in the tougher measures promised to prevent the installation of new capacity in existing steel-producing and steel-consuming regions.
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China's output of primary aluminum in May reached 2.79 million tonnes, up but by just 0.7% on month or 1.5% on year, according to the latest statistics released by the National Bureau of Statistics (NBS) on June 14.
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Baoshan Iron & Steel (Baoshan Steel), China's largest flat steelmaker headquartered in Shanghai, is adding Yuan 1,000/tonne ($156/t) to the list prices of its stainless plate for July sales from its Baoshan and Dongshan bases, largely to offset its higher input costs, according to the steel company's latest pricing policy tabled Monday.
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The most active lead contract on the Shanghai Futures Exchange (SHFE) jumped to an 8-month high of Yuan 20,675/tonne ($3,230/tonne) at the close of trading on Wednesday's morning session. Behind the spike were supply concerns as smelters come under the scrutiny of the environmental protection inspections currently underway across the country, market sources explained on June 6.
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Aluminum Corporation of China (Chalco), the state-own aluminum producer, has inked an agreement with the government of South China's Yunnan province to join a strategic restructuring plan which could see Beijing-headquartered Chalco become an even larger force in global aluminum.
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China mulls differentiating curbing measures among Chinese steel mills during the 2018 winter months depending on their individual waste emission situation, Wang Libin, President of Shijiazhuang Municipal Research Academy of Environmental Science, shared at a panel discussion at the Singapore Iron Ore Forum on May 24.
