光大期货：12月22日矿钢煤焦日报

Steel Industry - The national rebar production increased by 29,000 tons week-on-week to 1.8168 million tons, but decreased by 370,500 tons year-on-year [2][14] - Social inventory of rebar decreased by 257,000 tons week-on-week to 3.13 million tons, but increased by 302,600 tons year-on-year [2][14] - The demand for rebar rose by 55,500 tons week-on-week to 2.0864 million tons, but decreased by 300,400 tons year-on-year [2][14] - Fixed asset investment in China decreased by 2.6% year-on-year from January to November, with real estate investment down by 15.9% [2][14] - Steel mills are gradually recovering profitability, with some production resuming in East China [2][14] Hot-Rolled Steel - National hot-rolled steel production decreased by 168,000 tons week-on-week to 2.9191 million tons, and decreased by 208,100 tons year-on-year [3][15] - Social inventory of hot-rolled steel decreased by 57,600 tons week-on-week to 3.073 million tons, but increased by 77,650 tons year-on-year [3][15] - The Ministry of Commerce announced export license management for steel products to monitor export quality and flow [3][15] Iron Ore - Iron ore prices are expected to fluctuate as supply from Australia and Brazil increases, while other countries see a decrease [4][16] - China's iron ore imports in November were 110.54 million tons, a decrease of 769,000 tons from the previous month, but a year-on-year increase of 1.4% [4][16] - Steel mills are undergoing annual inspections, leading to a decrease in iron production [4][16] Coking Coal - Coking coal prices are experiencing fluctuations, with some prices decreasing while others are increasing [7][18] - The production of raw coal and coking coal has increased, but demand remains weak due to environmental regulations affecting production [7][18] - Steel mills are facing reduced profitability, leading to price adjustments for coking coal [7][18] Scrap Steel - Scrap steel prices have generally increased, with the national scrap steel price index rising by 6.6 yuan/ton to 2,181 yuan/ton [8][19] - The average daily arrival of scrap steel at 255 steel mills decreased by 52,100 tons week-on-week [9][20] - Demand for scrap steel has declined, with a reduction in daily consumption at steel mills [9][20] Ferroalloys - Manganese silicon production costs remain high, and production has decreased, leading to price support [10][21] - Silicon iron prices are supported by reduced production and increased demand from steel mills [11][22]