In the third quarter, the loss amount is close to the annual level of last year. How to solve the "dilemma" of the steel industry? Suggestions from the industry recommend actively reducing production.

①In the third quarter, the losses in the steel industry worsened, with 21 out of 27 listed steel smelting companies experiencing losses, totaling over 14.5 billion yuan, with the total quarterly loss amount almost approaching that of the entire previous year. ②Industry experts believe that the main reason for the losses is the overcapacity in the steel industry itself, poor industry self-discipline, failure to actively limit production, oversupply of products, continuous decline in steel prices, slow decrease in raw material prices, and severe industry profit compression.

cls.cnOct 31 10:59 ET

China stimulates the global csi commodity equity index: London copper 'breaks ten thousand', iron ore 'breaks one hundred'!

In recent trading days, with multiple measures of monetary and fiscal stimulus policies in china, not only has it promoted the soaring of A-share market, but also helped some csi commodity equity index, showing a rebound market like a dragon swinging its tail... On Thursday, LME copper broke through the $10,000 integer mark all the way, Singapore iron ore futures regained the $100 level, and spot silver prices touched a 12-year high!

cls.cnSep 26 22:45 ET

Stimulus expectations are realized! The Hong Kong stock market's non-ferrous sector is rising, and domestic copper prices have reached a nearly two-month high.

①Hong Kong-listed sector rose in the non-ferrous sector, which stocks are most favored by funds? ②Domestic copper prices have risen to a near two-month high, what signal?

cls.cnSep 24 04:08 ET

Industry overcapacity, the leading lithium battery copper foil company has terminated the construction of a project, with multiple projects being delayed and adjusted.

①The company stated that the main reason for terminating the project is due to overcapacity in the entire copper foil industry, with a temporary mismatch between supply and demand in the market. Currently, the project has only completed preliminary environmental impact assessment work. ②In terms of capacity utilization rate, since the second quarter of this year, the company's capacity utilization rate has been operating at a high level of around 85%-90%. ③haitong sec believes that the copper foil industry has entered the stage of cost support, and overall capacity clearance may continue until 2025.

cls.cnSep 23 23:41 ET

Who is the main player in the csi commodity equity index in the fourth quarter? Wait patiently for the "landing" of the Fed rate cut.

Can gold continue to lead the way? Will crude oil, iron ore, and other big losers be able to turn the tide?

wallstreetcnSep 18 02:06 ET

Will copper prices soar in the long term? BHP Group Ltd: The AI ​​wave will intensify the copper shortage.

①Although the global copper market is currently in a phase of weak demand, mining giant BHP Group Ltd. warns that future copper demand will largely skyrocket due to the artificial intelligence wave; ②BHP Group Ltd. warns that copper is a key metal in the transition to clean energy, and the development of artificial intelligence will exacerbate the copper shortage issue.

cls.cnSep 17 02:43 ET