Market Flash

At the end of June, the scrap steel market ushered in another upsurge. Affected by Tangshan's announcement of production restriction policy, the bullish atmosphere of scrap steel market has increased significantly.

• steel

Towards the end of the month, the supply of the main origin is limited, sales are improving, pit inventory is decreasing, and prices are rising steadily.

• power
• coal

Yesterday, the coke purchase price of Shandong Mainstream Steel Works began to implement the second round of 100 CNY/ton reduction. The metallurgical coke market in Xuzhou, Jiangsu Province, followed closely.

• metallurgical
• coke

India's government increased on Friday its fertilizers subsidies by 14% but also emphasised that farmers should go back to "zero budget farming".

• fertilizer
• subsidy

The report shows that since the 70th anniversary of the founding of New China, China's national economy has continued to grow rapidly and its total economic output has reached a new level.

• per capita
• income

In late June, the coal price of the port changed from the stable operation in the early and middle stages, showing a straight upward trend. Up to now, the power coal in the 5500 cards market of Bohai Rim Port has risen from 595 CNY/ton to 610 CNY/ton.

• coal
• price

In the first half of this year, global economic uncertainties highlighted, greatly affecting investor confidence, but also brought challenges to global economic growth.

• economy
• growth

It is said that for a long time, the investment and innovation of China International Investment Promotion Association (Specialized Committee) has led Chinese enterprises to grasp new investment opportunities in the global competition.

• energy
• symposium

In April of this year, Guohai Maritime Wage Property Management Co., Ltd. officially unveiled its name. Its shareholders include seven state-owned enterprises such as China Shipping Heavy Industry and China Shipping Group.

• shipping
• capacity

In the second half of 2019, the power coal market will be facing steady increase of supply in production areas, relaxed import volume in the third quarter and tight situation in the fourth quarter, downstream power demand will continue to fall.

• coal
• market

Premier Li Keqiang will attend the opening ceremony of the Forum and make a special speech. He will meet with the Chairman of the Forum, Schwab, and the foreign leaders attending the Forum.

• Davos

Hunan Industrial Communications Industry Energy Conservation Supervision Center said that it would promote cooperation between the two sides, do a good job in the comprehensive energy planning of the park, and provide more perfect energy services for the

• energy
• cooperation

Shrinkage cities are a hot topic in recent years, and a considerable part of them are resource-exhausted cities, but some of them are small cities in developed provinces.

• city
• development

On June 23, 2019, the Academy of Chinese Economic Thought and Practice (ACCEPT) of Tsinghua University convened the 36th Tsinghua University Economic Forum on China and the World with the theme of "China's Economy under Sino-US Friction".

• reform
• opening-up

The prices of bulk agricultural products are generally stable, and the prices of fruits, pork and eggs have increased significantly over the same period of last year.

• agriculture
• rural
• economy

Against the background of the tense Sino-US trade relations, inertial thinking will continue to narrow China's trade surplus. However, according to customs statistics, China's cumulative trade surplus was 130.47 billion US dollars between January and May.

• trade
• surplus

On June 17, Eastern Time, the Office of the United States Trade Representative opened a seven-day hearing on the imposition of tariffs on Chinese imports worth about $300 billion.

• trade
• US
• China

Medical Network, June 27, 15 Inter-provincial Alliance "One Ge" Shaanxi Province will carry out dynamic adjustment of 13 categories of high-value medical consumables.

• medical
• consumable

On June 20, Estee Lauder Cos., an American cosmetics giant, announced that the group would work with Human Society International (HSI), an animal protection organization, to vigorously support the initiative against animal testing, BeCruelty Free.

• Estee Lauder

In May 2016, Huoshan Economic Development Zone in Anhui Province was registered and established with a registered capital of 50 million yuan and an area of 78 mu.

• Titanium Dioxide