The hottest September 9 steel industry daily

On September 9, the steel industry

I. hot spots

1. The economic data will be released in advance tomorrow. The CPI increase in August is expected to fall below 6%

the National Bureau of Statistics announced on September 8 that according to the Mid Autumn Festival holiday schedule, the consumer price (CPI) and factory price of industrial products (PPI) in August and the fixed asset investment data in the first eight months will be released in advance to the 10th. Industry insiders believe that the year-on-year increase in CPI in August is expected to fall below 6%, and the decline in inflationary pressure will provide more room for the government to introduce measures to ensure economic growth

CPI will break "6" for the first time in 13 months

with the implementation of various control measures, the industry generally predicts that the CPI increase in August is expected to fall back to less than 6%. If so, the CPI increase will fall below 6% for the first time in 13 consecutive months

Guotai Junan recently predicted that the CPI in August may fall to about 5%, of which the year-on-year increase of food fell to 10.8%, and the increase of non food rose to 2.2%. The judgment basis is that the prices of oil, meat and poultry, aquatic products and fresh fruits fell significantly in August

the scissors gap between PPI and CPI will also widen.

contrary to the fall in CPI, the PPI index in August is not optimistic

Fanjianping, director of the Economic Forecasting Department of the National Information Center, believes that despite the recent fall in international commodity prices, considering the time lag of industrial production, PPI in August will increase by 10%-10.3% year-on-year

Fanjianping, director of the Economic Forecasting Department of the National Information Center, believes that despite the recent fall in international commodity prices, considering the time lag of industrial production, PPI in August will increase by 10%-10.3% year-on-year

Meng Yuan, an economist at Peregrine in Paris, France, believes that the PPI increase in August may once again hit a 12-year high

2. Rio Tinto's chairman sent a letter to shareholders reiterating his rejection of BHP's merger

while the application for "merger of the two Tuos" was waiting for the approval of relevant regulatory authorities in various countries, the acquiree Rio Tinto reiterated its rejection of BHP's acquisition, and stressed that the growth prospects were better than its competitors

yesterday, Paul, chairman of Rio Tinto, was basically a raw material supplier in the industrial chain Paulskinner said in a letter to shareholders that Rio Tinto's position of rejecting BHP Billiton's acquisition proposal in February has not changed. BHP Billiton's proposal to exchange 3.4 Rio shares for 3.4 BHP Billiton shares seriously underestimated the value and prospects of the company

3. Lgmi: Vale's price increase request will put the 2009 iron ore negotiations in a dilemma.

it is reported that Vale, the main supplier of iron ore, has notified its Chinese customers by email, requesting an additional 20% price increase for its iron ore supply from September 1. Its main intention is obvious, trying to raise the FOB price to the level of Australia mining, and taking the opportunity to raise the spot iron ore price, so as to build momentum for the 2009 iron ore agreement price negotiation

however, this is not the time to raise the price of iron ore. first of all, China's iron ore port inventory is very high, which is still about 67million tons at present; Secondly, the steel market demand is still relatively low, which has not been fully started for the time being, and the iron ore market lacks downstream support; Moreover, if the price of Brazilian iron ore is really increased by 20%, the FOB price of its iron ore is basically close to the FOB price of Australian iron ore, but at present, there is a price difference of $39/ton between Brazil and Australia for the sea freight of iron ore to China, and the advantage of CIF price of Brazilian ore will disappear. If vale does not accept the price increase, it may use its monopoly position in the industry to control the delivery volume of iron ore. in addition, BHP and Rio Tinto have also reported problems in production and port transportation recently. It is expected that the export of iron ore to China may be reduced. With the reduction of imported ore, the port inventory is bound to decline, thereby raising the spot price, which is conducive to the negotiation of iron ore agreement price in the coming year; If the price increase is accepted, it will cause huge losses to Chinese enterprises and lay hidden dangers for the Sino Australian iron ore negotiations in the coming year. On balance, it is more reasonable not to accept the price increase

4. The three ore giants are building momentum for the iron ore negotiations in fiscal year 2009

two months later, the global iron ore price negotiations in fiscal year 2009 are about to begin, and the three iron ore giants are starting to build momentum for the negotiations. Yesterday, BHP Billiton and Rio Tinto both announced that the production or transportation of iron ore was affected

yesterday, BHP Billiton announced in its official announcement that the Yangdi iron ore mine in Western Australia was suspended due to the death of a worker. In order to facilitate the work, BHP Billiton and Billiton announced the suspension of all its iron ore mining in Western Australia. Rio Tinto also announced in its official announcement that some iron ore shipments were affected by force majeure after a train carrying ore in Western Australia overturned and sustained damage

in addition, according to sources in the steel industry, more than 20 domestic steel mills have received Vale's notice one after another, requiring that the long-term contract price of iron ore signed in fiscal year 2008 be increased by 20% in order to achieve the scope production of lithium alloy in China

in this regard, an unnamed person in the industry said that the three iron ore giants frequently built momentum on the eve of the new fiscal year negotiations, no doubt in order to create an international environment conducive to them in the new fiscal year negotiations. Luo Bingsheng, executive vice president of China Iron and Steel Industry Association, reminded that the three major ore companies have the ability to regulate the global supply and demand of iron ore in various ways. He said that the negotiations in the new fiscal year will undoubtedly be more difficult

5. The national development and Reform Commission once again called for the suspension of coal to liquids

against the background of soaring oil prices, the surging coal to oil construction planning projects have been stranded recently due to the sharp rise in coal prices. Yesterday, the national development and Reform Commission issued a notice requiring that all other coal to liquid projects, except Shenhua Group's coal direct liquefaction project and Ningxia Ningdong coal indirect liquefaction project, be stopped, and it is strictly prohibited to break up the whole into parts, create new names, and illegally approve

6. Guangdong Zhanjiang iron and steel project is accelerating the early stage. In addition, the AD converter works if the number of bits of the AD converter is low, that is, the resolution.

on the 6th, it was learned from the relevant parties in Guangdong that with the strong support of the Guangdong provincial government, Zhanjiang East Island iron and steel project is accelerating the early stage work, the five supporting infrastructure for the iron and steel project has been accelerated, and the iron and steel project construction headquarters has been established in East Island, Land requisition and demolition are also being stepped up

Baosteel Group and Guangdong decided to jointly invest in the construction of a super large iron and steel industrial base on the east island of Zhanjiang. Not long ago, the State Council and the national development and Reform Commission agreed to carry out the preliminary work of Zhanjiang iron and steel project. The supporting infrastructure of Zhanjiang East Island iron and steel project, including roads, railways, ports and wharves, power supply and the relocation and resettlement of villagers, is being accelerated in an orderly manner

after receiving the support of the State Council and the national development and Reform Commission for the Zhanjiang iron and steel project, the Zhanjiang municipal Party committee and government set up the iron and steel project construction headquarters at the fastest speed. The headquarters consists of 11 task forces, including office, planning, land acquisition, demolition and resettlement, environmental assessment, transportation, water supply, power supply, port and fiscal policy. Eight teams responsible for land acquisition and demolition have recently entered the East Island and stationed in villages. At present, relevant institutions are cleaning up illegal buildings and carrying out land acquisition, demolition and resettlement in a planned way

7. Steel enterprises are shutting down. Now big steel mills are waiting for small players to shock.

China's northern steel giant Tangshan Iron and Steel Group is dismantling two 400 cubic meter blast furnaces, which can produce 400000 tons of iron a year. According to the plan, the two blast furnaces should have been demolished next year. The official reason of Tangshan Iron and Steel Group is to "save energy and reduce emissions", but an insider of Tangshan Iron and steel group said: "we are also reluctant to dismantle such a furnace. In the past, such a furnace made a profit of 20million a year." The current situation is completely opposite. For every additional ton produced, there will be an additional loss