光大期货：12月17日矿钢煤焦日报

Rebar Steel - The rebar futures contract closed at 3081 CNY/ton, up 7 CNY/ton, a 0.23% increase, with a reduction in open interest by 12,500 contracts [2][10] - Spot prices showed a slight decline, with Tangshan's common billet price stable at 2940 CNY/ton and Hangzhou's rebar price down by 10 CNY/ton to 3180 CNY/ton [2][10] - The China Iron and Steel Association's vice president urged steel companies to respond to the government's call against "involution" competition, which is expected to boost market confidence [2][10] - November investment data continues to weaken, with crude steel and pig iron production at low levels, indicating a weak supply-demand situation in the steel market [2][10] Iron Ore - The iron ore futures contract closed at 761 CNY/ton, up 8 CNY/ton, a 1% increase, with trading volume at 240,000 contracts and an increase in open interest by 10,000 contracts [3][11] - Port inventory of imported iron ore continues to accumulate, while steel mill inventories are decreasing [3][11] - Supply from Australia and Brazil has increased, while shipments from Canada and Peru have decreased [3][11] Coking Coal - The coking coal futures contract closed at 1067.5 CNY/ton, up 6.5 CNY/ton, a 0.61% increase, with open interest increasing by 16,355 contracts [4][12] - In the Shanxi region, the price of fat coal was lowered by 150 CNY to 1400 CNY/ton, while other coal prices showed slight increases [4][12] - Demand for coking coal is weakening due to low profits at downstream coking plants and increased maintenance shutdowns at steel mills [4][5][12] Coke - The coke futures contract closed at 1514.5 CNY/ton, up 11 CNY/ton, a 0.73% increase, with open interest decreasing by 2,120 contracts [6][13] - Supply is tightening due to environmental alerts leading to reduced production at coke plants [6][14] - Steel mill operating rates are declining, impacting demand for coke [6][14] Manganese Silicon - The manganese silicon futures price closed at 5736 CNY/ton, down 0.69%, with open interest increasing by 5,134 contracts [7][15] - The price range for manganese silicon across regions is 5490-5700 CNY/ton, with a decrease in the Guangxi region [7][15] - Inventory levels for manganese silicon are at a historical high, with a total of 38.2 million tons, an increase of nearly 18 million tons year-on-year [7][15] Silicon Iron - The silicon iron futures price closed at 5482 CNY/ton, down 1.01%, with open interest increasing by 716 contracts [8][16] - The price range for silicon iron is approximately 5100-5200 CNY/ton, with decreases noted in Inner Mongolia and Ningxia [8][16] - Production of silicon iron is gradually declining due to ongoing losses, with weekly production at 10.63 million tons, a 2.3% decrease [8][16]