钢铁日报：生态环境部宣布钢铁行业将纳入全国碳市场管理

Investment Rating - The steel industry is rated as "Neutral" for the sub-sectors including general steel, other steel, and special materials [8] Core Insights - The Ministry of Ecology and Environment announced that the steel industry will be included in the national carbon market management, which is expected to drive low-carbon technology innovation and the elimination of outdated production capacity [7] - The overall performance of the steel sector has seen a decline, with the Shanghai Composite Index down by 0.04%, Shenzhen Component Index down by 0.05%, and the ChiNext Index down by 0.26% on March 26, 2025 [4] - The steel industry is facing a mixed performance among individual stocks, with the top three gainers being Hengxing Technology (+6.25%), Yitong New Materials (+4.71%), and Hangang Co. (+4.58%), while the top three losers are Bayi Steel (-3.47%), Xining Special Steel (-3.23%), and Shibi Bai (-2.22%) [5] Industry Data - As of March 26, 2025, the current prices for steel products are as follows: Iron ore at 758.53 yuan/ton, wire rod at 3431.99 yuan/ton, hot-rolled coil at 3399.27 yuan/ton, rebar at 3235.18 yuan/ton, coke at 1626.75 yuan/ton, and coking coal at 1042.14 yuan/ton [6] - The futures market shows slight fluctuations with rebar up by 0.06%, wire rod down by 0.35%, and coke up by 1.35% [6] Company Announcements - Hebei Steel Group has delivered Q345qENH bridge steel for the Beijing-Tianjin-Hebei expressway project, ensuring high-quality delivery to meet strict construction requirements [9] - Shougang Group has developed a low-carbon project with Zhongshan Qinggui, achieving 100% recycling of scrap steel and a 30% reduction in carbon emissions [9] - Fangda Special Steel has completed ultra-low emission transformation projects, including a smart control platform for real-time monitoring of pollutant emissions [10]