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Caixin Global

Articles from Caixin Global

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Commodities

<ul><li>Chinese authorities are to limit steel production while pushing forward industrywide structural adjustments as steel mills suffer from growing losses amid sluggish demand.</li><li>Several ministries led by the National Development and Reform Commission (NDRC) Wednesday said regulators will continue efforts to control crude steel production this year, focusing on energy conservation and carbon reduction.</li><li>The authorities will foster industry strengths and weed out weak players to promote the structural adjustment and optimization of the steel industry.</li></ul>

Chinese authorities are to limit steel production while pushing forward industrywide structural adjustments as steel mills suffer from growing losses amid sluggish demand.Several ministries led by the National Development and Reform Commission (NDRC) Wednesday said regulators will continue efforts to control crude steel production this year, focusing on energy conservation and carbon reduction.The authorities will foster industry strengths and weed out weak players to promote the structural adjustment and optimization of the steel industry.

China to Limit Steel Output as Prices Slide and Demand Falls 

Managing Partner, VRS (Valuation & Research Specialists)

VRS (Valuation & Research Specialists)

Managing Partner

Valuation & Research Specialists (VRS) is a boutique financial advisor with more than 17 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Greece.

Since 2002, VRS has completed more than 200 engagements in the areas of business valuation and financial analysis for more than 100 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

Boutique Financial Advisor

<ul>
<li>According to Graph 1, during the period October 19, 2023 – January 19, 2024, an overall bullish trend was reflected in the prices of steel futures, despite some minor fluctuations.</li>
<li>During the period under consideration, there was a notable increase in the price of steel from October 26th until the beginning of January.</li>
<li>Since then, steel prices followed a slight downward trend. </li>
</ul>


According to Graph 1, during the period October 19, 2023 – January 19, 2024, an overall bullish trend was reflected in the prices of steel futures, despite some minor fluctuations.
During the period under consideration, there was a notable increase in the price of steel from October 26th until the beginning of January.
Since then, steel prices followed a slight downward trend. 


Commodity Analysis -  US Steel Coil Futures HRCc2

Junior Finance Analyst, Steno Research

Ulrik Simmelholt

Junior Finance Analyst

Macro and Geopolitical Research House

Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macroeconomics

<ul><li>Solid PMI numbers out of China supporting the reflation story</li><li>Steel Production looks ok. There is still potential for the USD to throw a wrench in the works</li><li>This week we’ll pick up where we left off last week and continue to talk about China as we have had a surprise in PMI numbers.</li></ul>

Solid PMI numbers out of China supporting the reflation storySteel Production looks ok. There is still potential for the USD to throw a wrench in the worksThis week we’ll pick up where we left off last week and continue to talk about China as we have had a surprise in PMI numbers.

Energy Cable #63: It is still all eyes on China

Podcast from BlackRock, The Bid

The Bid

Podcast from BlackRock

The Bid breaks down what’s happening in the world of investing and explores the forces changing the economy and finance. From stock market outlooks and megatrends to geopolitics and technology, BlackRock speaks to thought leaders and industry experts from around the globe about the biggest trends moving markets.

<ul><li>The transition to a low carbon economy, also known as the brown to green transition, involves moving from an economy based on fossil fuels with high carbon emissions to one with lower emissions.</li><li>This transition will require a significant mobilization of capital, with estimates in the tens of trillions of dollars. Governments and the private sector are providing support and driving the change due to both funding and economic factors.</li><li>In addition to investing in wind and solar infrastructure, the low carbon transition will require a significant amount of metals and materials. This includes steel, cement, rare earth, aluminum, silver, polysilicon, copper cabling, and more. The transition will create a more materials-intensive global economy.</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

The transition to a low carbon economy, also known as the brown to green transition, involves moving from an economy based on fossil fuels with high carbon emissions to one with lower emissions.This transition will require a significant mobilization of capital, with estimates in the tens of trillions of dollars. Governments and the private sector are providing support and driving the change due to both funding and economic factors.In addition to investing in wind and solar infrastructure, the low carbon transition will require a significant amount of metals and materials. This includes steel, cement, rare earth, aluminum, silver, polysilicon, copper cabling, and more. The transition will create a more materials-intensive global economy.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Mining The Gap For Low Carbon Transition Materials

Cross Asset Strategy

<ul><li>Analysis: China’s new electricity spot market rules lay groundwork for unified standard</li><li>Tornadoes / Tornadoes kill 10 in coastal Chinese province</li><li>Shenzhen looks to attract more Hong Kong, Macao visitors — and their cash</li></ul>

Analysis: China’s new electricity spot market rules lay groundwork for unified standardTornadoes / Tornadoes kill 10 in coastal Chinese provinceShenzhen looks to attract more Hong Kong, Macao visitors — and their cash

CX Daily: China’s New Electricity Spot Market Rules Lay Groundwork for Unified Standard

United States

Steel is an alloy of iron and other elements, primarily carbon, that is widely used in construction and other applications because of its high tensile strength and low cost. Steel's base metal is iron, which is able to take on two crystalline forms (allotropic forms), body centered cubic (BCC) and face centered cubic (FCC), depending on its temperature. It is the interaction of those allotropes with the alloying elements, primarily carbon, that gives steel and cast iron their range of unique properties. In the body-centred cubic arrangement, there is an iron atom in the centre of each cube, and in the face-centred cubic, there is one at the center of each of the six faces of the cube. Carbon, other elements, and inclusions within iron act as hardening agents that prevent the movement of dislocations that otherwise occur in the crystal lattices of iron atoms.

Steel (STEEL COMDTY)

China to Limit Steel Output as Prices Slide and Demand Falls

Chinese authorities are to limit steel production while pushing forward industrywide structural adjustments as steel mills suffer from growing...

Caixin Global

Commodity Analysis - US Steel Coil Futures HRCc2

According to Graph 1, during the period October 19, 2023 – January 19, 2024, an overall bullish trend was reflected in the prices of steel futures,...

VRS (Valuation & Research Specialists)

Energy Cable #63: It is still all eyes on China

Solid PMI numbers out of China supporting the reflation story. Steel Production looks ok. There is still potential for the USD to throw a wrench in...

Steno Research

Mining The Gap For Low Carbon Transition Materials

In summary, the low carbon transition involves shifting from a high carbon economy to a green economy, requiring time, capital, and a change in...

The Bid

CX Daily: China’s New Electricity Spot Market Rules Lay Groundwork for Unified Standard

Analysis: China’s new electricity spot market rules lay groundwork for unified standard. Tornadoes kill 10 in coastal Chinese province...

Caixin Global