ChuangCai Consulting: Global crude steel production is projected to reach 1849 million tons in 2025, with a general rise in international commodity prices.

ChuangCai Consulting: Global crude steel production is projected to reach 1849 million tons in 2025, with a general rise in international commodity prices.

◎ According to data from the China Iron and Steel Association, in mid-January, the average daily crude steel production of key steel enterprises was 1.979 million tons. Nissan declined by 0.9% month-on-month. Steel inventory stood at 16.13 million tons, up 7.3% from the previous ten-day period and up 0.8% from the same ten-day period last month.

◎ According to the World Steel Association, in December 2025, the 70 countries/regions included in the World Steel Association’s statistics... Crude steel production totaled 139.6 million tons, down 3.7% year-on-year. Global crude steel production for the full year 2025 is projected to reach 1.8494 billion tons.

◎ January 19–January 23, nationwide Average price of threaded steel It stands at 3,321 yuan per ton, down 0.90% week-on-week. On the supply side, Rebar Weekly production: 1.9955 million tons, Increased by 4.86% compared to the previous month. , inventory of 4.521 million tons, Increased by 3.2% month-on-month. ; On the demand side, consumption totaled 1.8552 million tons. A month-on-month decrease of 2.53%.

◎ On January 23, local time, the Office of Foreign Assets Control of the U.S. Department of the Treasury announced that... A new round of sanctions targeting multiple entities and vessels linked to Iran’s energy and shipping sectors. with a particular focus on the shipping and management networks that support Iran’s exports of oil, energy, and related derivatives.

◎ This week, The central bank’s open market will see 118.1 billion yuan of reverse repos mature. Among these, the amounts due from Monday to Friday are RMB 158.3 billion, RMB 324 billion, RMB 363.5 billion, RMB 210.2 billion, and RMB 125 billion, respectively.

◎ Recently, Shanghai Municipality, Jiangsu Province, and Zhejiang Province jointly issued an approval, formally agreeing to designate the Yangtze River Delta Ecological and Green Integrated Development Demonstration Zone as a cross-provincial high-tech industrial development zone. Named the “Yangtze River Delta Qingwu Jia High-Tech Industrial Development Zone” 。

◎January 25, Chongqing Liangjiang New Area Officially Launched This is the first nationally-level new area in China’s central and western regions to achieve administrative status.

◎ Beijing has set forth the main projected targets for economic and social development in 2026, including: The regional GDP grew by around 5%. General public budget revenue is expected to grow by around 4%, the surveyed urban unemployment rate will be kept below 5%, and the increase in consumer prices for residents will be around 2%.

◎ The Federal Reserve will announce its interest-rate decision on Wednesday, Eastern Time. The market now estimates the probability that the Federal Reserve will hold interest rates steady at its January monetary policy meeting has reached 95%. 。

  Research and investigation

◎January 23, China’s main port Iron ore 792,000 tons were traded, down 13.3% month-on-month; 237 mainstream traders. Construction steel 77,900 tons were traded, an 8.9% increase from the previous month.

◎ Last weekend, the ex-factory price of Pu Fang billets in Qian'an, Tangshan, included tax. Increase by 10 yuan/ton The reported price is 2,950 yuan per ton.

◎ Last week, the total inventory of imported iron ore at 47 ports nationwide reached 174.9653 million tons. Increased by 2.0783 million tons compared to the previous month. The total inventory of imported iron ore at 45 ports nationwide reached 167.6653 million tons, an increase of 2.1143 million tons from the previous month.

◎ Last week, the inventory of imported coking coal at 16 ports nationwide stood at 5.6299 million tons. Increased by 5,900 tons ; 18 ports nationwide Coke Inventory stands at 2.6926 million tons, an increase of 41,900 tons.

◎ Last week, the average daily output of coke from 230 independent coking enterprises nationwide was 499,700 tons. Reduce by 0.04 ten thousand tons ； Coke inventory 422,500 tons, an increase of 16,400 tons; Coking coal Total inventory stands at 99.521 million tons, an increase of 4.038 million tons; the number of days of available coking coal is 15.0 days, up by 0.62 days.

◎ Last week, the average capacity utilization rate of 94 independent electric arc furnace steel plants nationwide was 57.94%. Down 0.05 percentage points from the previous month. , an increase of 41.18 percentage points year-on-year.

◎ Last week, the blast furnace ironmaking capacity utilization rate at 247 steel mills reached 85.51%. Increased by 0.03 percentage points from the previous month. ; The steel mill profit margin was 40.69%, an increase of 0.86 percentage points from the previous month; daily average Ironwater production 2.281 million tons, an increase of 0.09 thousand tons from the previous month.

◎ Jiang Wei, Deputy Secretary of the Party Committee and Vice Chairman and Secretary-General of the China Iron and Steel Association, stated that the steel industry’s green and low-carbon transformation is now entering a critical phase of tough battles. The Association is currently planning to, following the completion of the Ultra-High Energy Efficiency Project, ... Implement the Energy and Carbon Efficiency Enhancement Project to further promote energy conservation, carbon reduction, cost reduction, and efficiency improvement across the industry. 。

◎ Bayi Steel announced that it expects to achieve net profit attributable to owners of the parent company for the year 2025. From -1.85 billion yuan to -2.05 billion yuan.

◎ Zhengzhou Coal & Electricity Announcement, Net loss for the 2025 fiscal year is expected to be approximately 916 million yuan. The Chao Hua Coal Mine owned by the company Coal The resources are nearing exhaustion, and the remaining reserves have complex geological conditions and lack economic viability for extraction; therefore, the company has decided to halt production.

◎ The CSRC has newly designated 14 futures and options products as specific domestic varieties. Specifically includes:

Shanghai Futures Exchange Nickel Futures, nickel options;

Zhengzhou Commodity Exchange offers futures contracts for xylene, bottle flakes, short-staple fiber, options on purified terephthalic acid, options on xylene, options on bottle flakes, and options on short-staple fiber.

Guangzhou Futures Exchange lithium carbonate futures and lithium carbonate options;

Shanghai International Energy Exchange 20-Degree Rubber Options, Low-Sulfur Fuel Oil Options, International Copper Options.

◎ Beijing 2026 to Promote Projects to Private Capital The total investment in the major project shall not be less than 200 billion yuan. 。

◎ Jiangsu Province issues a notice, It was clarified that in 2026, large-scale equipment upgrades will continue to be promoted, and the implementation of trade-in programs for consumer goods will be further optimized. In optimizing the implementation of the “trade-in” program for consumer goods, the subsidy standards will be uniformly applied nationwide for vehicle scrappage and renewal, vehicle trade-in and renewal, trade-in of six categories of home appliances, and purchase of new digital and smart products in four categories.

◎ Recently, the National Development and Reform Commission issued the “Opinions on Promoting the Healthy and Sustainable Development of Intercity Railways,” proposing that: Prioritize the planning and construction of intercity railways in key urban agglomerations with robust economic activity and high population density, such as the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area, and the Chengdu-Chongqing Twin-City Economic Circle.