01
National regular meeting: Increase the policy of stabilizing jobs and promoting employment, and further open up the blocked points and smooth circulation
On April 27, Premier Li Keqiang presided over an executive meeting of the State Council. The meeting pointed out that stabilizing employment is the key support for maintaining economic operation within a reasonable range.Implement the deployment of the Party Central Committee and the State Council, and take stronger measures to stabilize employment.wantPromote enterprises to resume work and reach production under the conditions of good epidemic prevention and control.To ensure the efficient operation of the transportation backbone network. To urge toll stations and service areas to be fully opened, and to clear the collection and distribution of airports and ports. To open up the logistics microcirculation. From May 1 to the end of the year, VAT will be exempted for eligible express delivery income.
02
General Office of the State Council: Further release consumption potential and promote continuous recovery of consumption
The General Office of the State Council issued the Opinions on Further Unleashing Consumption Potential and Promoting the Continuous Recovery of Consumption. Deeply implement the tax reduction, tax rebate and fee reduction policy to support the manufacturing industry, small and micro enterprises, and individual industrial and commercial households.Focusing on automobiles and home appliances, guide enterprises to carry out promotions for rural areas, encourage areas with conditions to carry out new energy vehicles and green smart home appliances to the countryside, and promote the construction of supporting facilities such as charging piles (stations).Steady increase in bulk consumption such as automobiles, and no new restrictions on automobile purchases in various regions.
03
Ministry of Finance: Provisional tax rate on imports of coal will be implemented with zero tax rate
On April 26, the Ministry of Finance announced that in order to strengthen the guarantee of energy supply and promote high-quality development, the Customs Tariff Commission of the State Council recently issued an announcement,From May 1, 2022 to March 31, 2023, a provisional import tax rate of zero will be applied to all coal.According to estimates, from the perspective of cost impact, the cost of implementing zero-tariff thermal coal will be reduced by about 60 yuan/ton. The cost of coking coal was reduced by RMB 72/ton. However, under the influence of exchange rate, the cost basically offset the cost reduction brought about by the implementation of zero tariffs.
the latest developments, and actively address issues that hinder democratic and peaceful development.
04
Bureau of Statistics: In the first quarter, the profits of industrial enterprises above designated size increased by 8.5% year-on-year
On April 27, the National Bureau of Statistics released data showing that, From January to March, the national industrial enterprises above designated size realized a total profit of 1,955.57 billion yuan, an increase of 8.5% over the same period last year.The National Bureau of Statistics said that in the first quarter, the profits of industrial enterprises grew steadily, the measures to ensure energy supply were effectively implemented, and the production of coal and other energy products grew rapidly. The combination of factors such as international geopolitical conflicts led to a sharp rise in commodity prices, which together led to a rapid increase in the profits of related industries. .
05
China Iron and Steel Association: In March, the procurement costs of steel companies’ coal coke, iron ore, and scrap steel rose across the board
Recently, the China Iron and Steel Association released data showing that,In March 2022, the procurement costs of coal coke, iron ore, and scrap steel will increase across the board.In the first quarter of 2022, the cumulative purchase cost of coking coal increased by 74.03% year-on-year; metallurgical coke increased by 20.30% year-on-year; domestic iron concentrate decreased by 15.88% year-on-year, imported fine ore decreased by 23.93% year-on-year; pig iron increased by 11.06% year-on-year; scrap increased by 13.66% year-on-year .
casting raw material
01
Foundry raw materials: high cost, insufficient demand, weak price operation
Affected by the epidemic and rising international energy prices, the production cost of steel mills has risen, profits have narrowed, iron ore purchases have been cautious, and prices have fallen weakly. Among them, domestic mines have fallen by 6.2%. Due to high costs, the billet and pig iron markets lack demand momentum. Weak operation, the scrap steel market is weak and stable operation, the price of ferrosilicon market is slightly adjusted due to the price of steel bidding; the copper and aluminum market is weak operation.
02
iron ore
The profit of steel mills has narrowed, coupled with poor transportation in some areas, iron ore purchases are cautious, port inventories are at a high level, and the ore price support is insufficient. This week, iron ore prices fell weakly.The price of PB powder in Qingdao Port on Friday is960 yuan/tondown 30 yuan/ton or 3.0% month-on-month, and the price of domestic iron fine powder in Qian’an on Friday was1220 yuan/tonthe chain fell 80 yuan / ton, a decrease of 6.2%.
03
billet
Affected by the large increase in billet prices, the production cost of billet is at a relatively high level, which intensifies the wait-and-see sentiment in the market. Therefore, the billet market traded poorly this week, showing a weak run.Tangshan general carbon billet on Friday was4740 yuan/tonfell 90 yuan / ton, a decrease of 1.9%; Jiangsu ordinary carbon billet was4830 yuan/tonthe chain fell 110 yuan / ton, a decrease of 2.2%.
04
pig iron
This week, due to the rising production cost in the pig iron market, the downstream mainly consumes the inventory, the market transaction is not good, and the price is stable and falling.On Friday, the price of cast iron in Linyi, Shandong was 4,650 yuan/ton, and the price of cast iron in Linfen, Shanxi was4650 yuan/tonwere flat month-on-month; the price of Handan ductile iron was4730 yuan / tonfell 30 yuan / ton month-on-month, or 0.6%.
05
scrap
The overall wait-and-see mood of steel mills is dominant, purchases are cautious, and demand momentum is insufficient.The price of heavy waste in Suzhou on Friday is3350 yuan/tonHandan heavy waste price3405 yuan/tondecreased by 30 yuan / ton and 20 yuan / ton respectively month-on-month; Xuzhou foundry scrap price3860 yuan/tonthe chain was flat.
06
ferroalloy
This week, the silicon-manganese market has been operating in a differentiated manner. The price of ferro-silicon market has been adjusted slightly due to the price of steel tenders, and the transaction has been good.The price of ferrosilicon FeSi75-A in Inner Mongolia on Friday was11500 yuan/tondown 500 yuan/ton or 4.2% month-on-month; the ferromanganese market quotation was firm, and Yunnan 75# high-carbon ferromanganese closed at9000 yuan/tonan increase of 150 yuan / ton, an increase of 1.7%.
07
copper aluminum
This week, the copper and aluminum market is running weakly, with the price of electrolytic copper fluctuating and falling, and the price of aluminum alloy falling slightly.The price of 1# electrolytic copper in Shanghai on Friday is73830 yuan/tondown 1110 yuan/ton, down 1.5% month-on-month; the price of Shanghai aluminum alloy ADC12 is21300 yuan/tonfell 300 yuan / ton month-on-month, or 1.4%.
Price chart of raw and auxiliary materials (yuan/ton)
(Note: Imported iron ore concentrate-PBPowder-Qingdao is the right secondary axis)
List of market prices of foundry raw materials
Foundry + Metallurgy
01
To reduce the foreign dependence of iron ore, China actively promotes the “cornerstone plan” for resource guarantee
China Iron and Steel Association said on the 25th that it is promoting the implementation of the “cornerstone plan” for resource protection, aiming to promote the orderly development of domestic new iron ore resources development, overseas new equity iron ore, recycling and utilization of scrap steel resources, etc., and improve the iron and steel industry’s ability to guarantee resources. .The “Cornerstone Plan” proposes to use 2-3 “five-year plans” to effectively change the source composition of China’s iron resources, fundamentally solve the problem of resource shortcomings in the iron and steel industry chain, and then reduce the dependence of iron ore on foreign countries.
02
The third batch of Xuancheng plans to withdraw from the casting capacity announcement
In accordance with the “Notice of the General Office of the Ministry of Industry and Information Technology, the General Office of the National Development and Reform Commission, the General Office of the Ministry of Ecology and Environment on the Prohibition of New Foundry Capacity in Key Areas” and other relevant documents, the Municipal Department of Industry and Information Technology issued the third batch of foundry production capacity in Xuancheng City. published.Involved 3 foundry companies, with a total withdrawal of production capacity63,300 tons.
03
The digital transformation of Jiahe Casting and Forging Industry Cluster has been selected into the list of typical cases of the Ministry of Industry and Information Technology
The National Industrial Information Security Development Research Center announced that according to the “Notice on the Collection of Typical Cases of Digital Transformation of Small and Medium-sized Enterprises in 2021”, 49 of the 413 cases were selected after expert review organized by the National Industrial Information Security Development Research Center. It was selected into the list of typical cases of the Ministry of Industry and Information Technology, including the case of ‘Jiahe County’s “Industrial Internet + Blockchain” Shared Foundry High-quality Development and Innovation Platform to Promote the Digital Transformation of Foundry and Forging Industry Clusters’ in the foundry industry.
04
Xinxing Cast Pipes Help Tailan River Depression Reservoir Project and Tangerang Water Plant Project in Indonesia
In March 2022, with the help of Xinxing Cast Pipe, the construction of the Tailan River Depression Reservoir in Aksu, Xinjiang started smoothly.The total area of the Tailan River Depression Reservoir construction project784.67 hectares. After the project is completed, it will effectively alleviate the increasing contradiction between supply and demand of water resources in the Tailan River irrigation area, improve the utilization rate of water resources in the irrigation area, improve the agricultural production conditions, increase the economic income of farmers in the irrigation area, and promote the development of the local economy and society.
In the first quarter of 2022, Xinxing Casting Pipe Company overcame the impact of the epidemic and successfully completed the Tangerang water plant project of MOYA, the largest water company in IndonesiaDuctile Iron Pipeorder delivery.
05
Zhuzhou High-tech Zone: the project “high-end” promotes the “high-end” industry
According to Zhuzhou Daily, in Xinma Industrial Park, Zhuzhou City, the intelligent lighting project of Zhongpusen Technology Co., Ltd. has an annual production capacity of up to16.8 million piecesthe annual production capacity of intelligent drive power production line can reach23.8 million unitsthe annual production capacity of die casting production line can reach12,000 tons. The technical transformation project of high-precision composite coating cutting tools for high-end manufacturing of Zhuzhou Diamond Cutting Tools Co., Ltd. in the same industrial park is under construction. The project will carry out intelligent transformation and upgrading of production lines on the basis of CNC tool production, and increase high-precision Production capacity of composite coating cutting tools.After the project reaches production, enterprises can add new CNC blades30 million piecesthe annual output can reach110 million pieces.
06
Fast hydraulic retarder lightweight smart factory construction project will be trial production in May
Fast hydraulic retarder lightweight smart factory construction project will start trial production in May.The project is located in Caijiapo Economic Development Zone, Qishan County, and is invested by Fast Group560 millionA hydraulic retarder lightweight smart factory built by Yuanjian. The factory has a total area of 28,000 square meters and mainly produces lightweight core components for high-end products such as automotive transmissions and retarders. After completion, it will add an annual production capacity of 230,000 units of retarders and core components for S transmissions. The biggest highlight of the project is that all products are lightweight.
casting related
01
CME: It is expected that the sales of excavators in April will be 26,500 units, a year-on-year decrease of 43%
Based on grassroots surveys and market research, CME estimates the sales of excavators (including exports) in April 202226500 unitsAround 43% year-on-year, the decline was slightly improved from the previous month.By market: Estimated sales in the domestic market16500 unitsa year-on-year decrease of about 60%; estimated sales in the export market10000 unitsan increase of about 82% year-on-year.
02
Passenger Car Association: The retail sales of passenger cars in the narrow sense is expected to be 1.100 million units in April
In mid-April, the overall market discount rate for passenger cars was about 12.8%, which was basically stable compared to the previous month (12.6%).According to the survey in April, the retail targets of major manufacturers have fallen sharply year-on-year, and it is preliminarily estimated that the retail market of passenger vehicles in the narrow sense will reach1.100 millionvehicles, down 31.9% year-on-year.
03
China Internal Association: Diesel engine sales in March were 508,600 units, down 28% year-on-year
According to statistics from China Internal Combustion Engine Industry Association, in March 2022, sales of diesel internal combustion engines508,600tower, an increase of 39.47% month-on-month and a year-on-year decrease of 28.29%. From January to March 2022, the cumulative sales of diesel internal combustion engines1.3157 million unitsdown 30.70% year-on-year.
04
In 2021, China’s new wind power hoisting capacity will be 55.6GW
On the 28th, WoodMac released the “2021 China Wind Power Market Wind Turbine Enterprise Market Share Ranking”.The data shows that, driven by the continuous incentives of carbon neutrality policies and the strong growth of the offshore wind power market, the newly installed capacity of China’s wind power market will reach 20% in 2021.55.6GW.In the offshore wind power market, China’s offshore wind power market will add hoisting capacity in 202114.7GWan increase of 268% year-on-year.
05
In 2021, the export value of construction machinery will reach 34 billion US dollars, a year-on-year increase of 63%
According to statistics from China Construction Machinery Industry Association, in 2021, China’s construction machinery exports will reach$34 billion, a year-on-year increase of 62.78%. The main export destinations are countries along the “Belt and Road”, and the sales in Europe and the United States are also on the rise.