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On March 1, the Ministry of Industry and Information Technology released the operation of the iron and steel industry in 2016 and the outlook for 2017, clearly proposing that the iron and steel overcapacity reduction work in 2017 will be more market-oriented and legalized, with "local strip steel" as the top priority of capacity exit, and resolutely and thoroughly ban "local strip steel" illegal capacity according to law. The merger and reorganization of the steel industry will be further promoted.
03
2017
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03
Give play to the role of industrial subsidies in promoting the rare earth industry
Recently, the Ministry of Finance and the Ministry of Industry and Information Technology jointly released the Measures for the Administration of Subsidy Funds for the Development of the National Internet of Things and Rare Earth Industries. It is specified in the Measures that funds will be increased to support the development of the Internet of Things industry and rare earth industry, and the subsidies for related projects can be up to 30% and 40% of the total investment of the project.
03
2017
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03
The year 2017 is not only an important year for the implementation of the 13th Five Year Plan, but also a year for deepening the supply side structural reform. It is also a key year for comprehensively deepening the reform in depth. On March 3, the Fifth Session of the 12th CPPCC National Committee was opened in the Great Hall of the People. During the Congress, more than 2000 CPPCC members closely focused on the implementation of the 13th Five Year Plan and other major issues, conducted in-depth consultations on politics and earnestly performed their functions. The members of the nonferrous metals industry brought about the latest development of the industry, concerned about and discussed hot topics related to the national economy and the people's livelihood. From the CPPCC report to the members' discussion, we can touch the general trend of the development of the nonferrous industry.
09
2017
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03
The supply and demand relationship in the coal market is expected to be further improved
Capacity reduction is an important task in the supply side structural reform. Last year, China withdrew more than 290 million tons of coal production capacity. This year's government work report proposed that in 2017, China will withdraw more than 150 million tons of coal production capacity. The supply and demand relationship in the coal market is expected to further improve.
09
2017
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03
Analysis of China's tungsten and molybdenum price trend and market prospect in 2017
The world is rich in molybdenum resources. According to statistics, the reserves of molybdenum metal resources in the world are about 10 million tons, mainly distributed in China and the Americas. The top four reserve countries, China, the United States, Chile and Peru, account for 86% of the world's reserves, which are relatively concentrated, while China's reserves account for 43% of the world's reserves. China's molybdenum resources are mainly distributed in Henan, Shaanxi, Jilin and other regions. The resource reserves of the three provinces account for 80% of China's total reserves, of which Henan is the most abundant, accounting for 40% of domestic reserves.
17
2017
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03
How much will the global iron ore supply increase in 2017? About 50 million tons!
In 2017, Rio Tinto, BHP Billiton, FMG, Vale and other four mines will increase their output by 30 million tons. Considering the gradual release of production capacity of Roy Hill, SINO iron ore in China and Australia, and the withdrawal of some high cost mines, it is estimated that the global iron ore supply will increase by about 50 million tons in 2017.
17
2017
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03
The 2017 Annual Working Conference of China Mineral Geology was recently held in Beijing. Peng Qiming, Chief Engineer of the Ministry of Land and Resources and Leader of the Leading Group of Mineral Geology, Wang Kun, Member of the Party Leadership Group and Deputy Director General of the China Geological Survey and Deputy Leader of the Leading Group of Mineral Geology, Yang Shangbing, Deputy Director of the Department of Geological Exploration of the Ministry of Land and Resources, attended the meeting and made speeches.
31
2017
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03
Analysis on the Market Space of China's Comprehensive Utilization of Mineral Resources in 2017
After 60 years of development of metallurgical industry, China has become a big country in steel and nonferrous metals in the world. However, the technological ideas have not changed significantly for decades. We have always adhered to the policy of refined materials and used high-quality raw materials and ores for smelting production. As a result, more than half of China's main iron ore raw materials need to be imported, and a large number of low-grade, difficult to mine and beneficiate composite concomitant ore resources stored in China are difficult to use directly.
07
2017
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04
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