光大期货：12月29日矿钢煤焦日报

Steel Industry - The national rebar production increased by 27,100 tons week-on-week to 1,843,900 tons, but decreased by 319,100 tons year-on-year [3][15] - Social inventory of rebar decreased by 188,100 tons week-on-week to 2,941,900 tons, but increased by 159,800 tons year-on-year [3][15] - The demand for rebar showed resilience with a funding availability rate of 59.71% for construction sites, up 0.18 percentage points week-on-week [3][15] - Exports of rebar and steel billets significantly increased, with rebar exports up 44.05% and steel billets up 140.64% year-on-year [3][15] Hot-Rolled Steel - National hot-rolled steel production increased by 16,300 tons week-on-week to 2,935,400 tons, but decreased by 136,000 tons year-on-year [4][16] - Social inventory of hot-rolled steel decreased by 106,000 tons week-on-week to 2,967,000 tons, but increased by 699,500 tons year-on-year [4][16] - Hot-rolled steel exports in November increased by 11.5% month-on-month but decreased by 3.2% year-on-year [4][16] Iron Ore - Global iron ore shipments decreased, with Australia and Brazil both showing declines [6][17] - Iron water production slightly increased by 300 tons week-on-week to 2,265,800 tons [6][17] - Port inventories of imported iron ore increased by 3,944,300 tons week-on-week to 166,199,600 tons [6][17] Coking Coal and Coke - Coking coal prices remained stable, while coke prices decreased by 50-55 yuan/ton in several regions [7][18] - The production of independent coking enterprises decreased, while steel mills' coke production slightly increased [7][18] - Total coke inventory increased by 121,600 tons, indicating a supply-demand imbalance [7][18] Scrap Steel - The national scrap steel price index increased by 1 yuan/ton to 2,182 yuan/ton [9][20] - Daily average scrap steel arrivals at steel mills increased to 487,200 tons, up 6,800 tons week-on-week [9][20] - Scrap steel demand showed a slight recovery, with daily consumption increasing to 507,000 tons [9][20] Ferroalloys - Manganese silicon production increased by 2.31% week-on-week to 192,600 tons, but inventory levels remain high [11][21] - Silicon iron production decreased by 1.3% week-on-week to 98,500 tons, with a slight decrease in demand [12][22] - Cost pressures are easing, but overall market support remains weak, leading to expectations of continued price fluctuations [11][21][12][22]