Chuangcai’s latest news: Trump puts further pressure on Iran, and coke prices see their first round of increase.

Time:2026-01-29

Chuangcai’s Latest News: Trump Puts Further Pressure on Iran; Coking Coal Sees First Round of Price Increases ◎ On January 28, local time, U.S. President Trump announced on social media that a large fleet is heading toward Iran, hoping this move will prompt Iran to return to the negotiating table and reach a fair and reasonable agreement on nuclear disarmament. ◎ The Federal Reserve announced that it would keep the target range for the federal funds rate between 3.5% and 3.75%, in line with general market expectations. ◎ On January 28, several steel mills in Hebei and Tianjin raised their purchase prices for coking coal in the first round: wet quenched coke prices increased by 50 yuan per ton, while dry quenched coke prices rose by 55 yuan per ton, effective from midnight on January 30, 2026. ◎ This week, the average cost of hot metal (without tax) and the average cost of steel billets (with tax) at mainstream sample steel mills in Tangshan continued to decline slightly. As a result, steel companies’ losses narrowed by 17 yuan per ton compared to last week, though they still remain in a state of overall loss.

      Chuangcai’s latest news: Trump puts further pressure on Iran, and coke prices see their first round of increase.

 

◎ On January 28, local time, U.S. President Trump stated on social media that, A massive fleet is heading toward Iran, hoping this move will prompt Iran to return to the negotiating table and reach a fair and reasonable agreement on nuclear disarmament.

◎ The Federal Reserve announced that it will adjust the target range for the federal funds rate. Maintain between 3.5% and 3.75%. , in line with general market expectations.

◎ On January 28, some steel mills in Hebei and Tianjin regions... Coke Procurement The price has been raised for the first time, Wet quenching coke prices are raised by 50 yuan/ton, and dry quenching coke prices are raised by 55 yuan/ton. Effective at midnight on January 30, 2026.

◎ This week, the average cost of molten iron (tax-free) at mainstream sample steel mills in Tangshan and the average... Billet The cost including tax continues to decline slightly. Steel companies’ losses have decreased slightly, falling by 17 yuan per ton compared to last week. However, the overall situation remains one of losses.

◎ The Ministry of Foreign Affairs announced, China will host the first APEC Senior Officials’ Meeting and related meetings from February 1 to 10 in Guangzhou. This is the first official event of APEC’s “China Year.”

◎ In 2025, China’s tax authorities collected a total of 33.1 trillion yuan in various taxes and fees, with tax and fee reductions and refunds exceeding 2.8 trillion yuan, providing strong support for technological innovation and the development of the manufacturing sector. In 2026, China will deepen tax system reform and optimize the structure of its tax system. Focus on expanding local tax sources and increasing local governments' autonomous financial resources.

◎ China’s central state-owned enterprises release their 2025 “report card.” As of the end of 2025, the total assets of these enterprises exceeded 95 trillion yuan. Completed fixed-asset investment totaling 5.1 trillion yuan. Among them, investment in strategic emerging industries reached 2.5 trillion yuan; the total profits for the year amounted to 2.5 trillion yuan.

The “report cards” for China’s major economic provinces for 2025 are being released one after another. In terms of total GDP, Guangdong (14.58 trillion yuan) and Jiangsu (14.24 trillion yuan) both belong to the “14-trillion-yuan” tier. Notably, Jiangsu’s total GDP has surpassed 14 trillion yuan for the first time. Shandong, with a GDP of 10.32 trillion yuan, has become the third province nationwide to exceed 10 trillion yuan in GDP.

◎ According to data from China's National Energy Administration, as of the end of 2025, the country's cumulative installed power generation capacity reached 3.89 billion kilowatts. Increased by 16.1% year-on-year.

The Bank of Canada announced that it is holding the benchmark interest rate steady at 2.25%. This marks the second consecutive time the policy has remained unchanged, in line with widespread market expectations.

◎ January 28, China’s main port Iron ore 8.97 million tons were traded, an increase of 10.8% month-on-month; 237 mainstream traders. Construction steel 65,600 tons were traded, a decrease of 1.1% from the previous month.

◎ In the first month of implementation of China’s steel export licensing policy, the market is experiencing “short-term pain” as it seeks a new equilibrium under the revised rules. In the first quarter of 2025, China’s steel exports totaled 27.42 million tons; under the impact of the new policy, China's steel exports are expected to decline in the first quarter of 2026, with an estimated drop of 15% to 20%.

 

◎ China this year Among the three leading construction-material steel mills in Shandong Province, only one has introduced a specific winter-stocking policy. The other two companies have not yet introduced any relevant policies.

◎ This week, the capacity utilization rate of the 314 sampled independent coal washing plants was 36.8%. Down 0.6% from the previous month ; Daily production of refined coal was 268,000 tons, down 9,000 tons from the previous period; refined coal inventory stood at 3.116 million tons, down 117,000 tons from the previous period.

◎ On January 28, the average cost of construction steel from China’s 76 independent electric arc furnace steel mills was 3,379 yuan per ton, up 1 yuan per ton from the previous day. The average profit loss was 86 yuan per ton. The profit from valley electricity is 27 yuan per ton.

◎ China Metallurgical Control Group – Hangda Iron & Steel plans to halt production for maintenance from February 1 to 28, 2026. Reduce the production of construction steel by approximately 90,000 tons.

◎ China Du Gang Group – Chengshi Iron & Steel plans to halt production for maintenance from February 1 to 28, 2026. Reduce the production of construction steel by approximately 170,000 tons.

◎ According to a century-long architectural survey, large-scale developments along China’s river basins... Gravel and sand The mines are expected to halt production and undergo maintenance starting February 10. Anhui will reduce output by approximately 10.5 million tons, Hubei by about 8 million tons, Jiangxi by roughly 1.5 million tons, and Chongqing by around 500,000 tons. The actual reduction in outbound freight volume in the Yangtze River Delta region is approximately 18 million tons.

◎ According to the century-old building, find Guangdong Province. Cement For enterprises, the minimum number of days per kiln during off-peak production in 2026 will be reduced to 15 days per kiln. However, due to requirements under the capacity replacement policy, the surplus 65 days must also be included in the kiln shutdown plan. Therefore, the annual plan is set at 80 days per kiln. Reduced by 15 days compared to 2025.

Keywords: Chuangcai’s latest news: Trump puts further pressure on Iran, and coke prices see their first round of increase.

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