Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core View of the Report - The report believes that the steel products market is operating at a low level and faces short - term downward pressure. It also suggests paying attention to macro - policies and downstream demand in the later stage [4] Group 3: Summary According to the Content Steel Production Data - In September, key steel enterprises produced 62.86 million tons of crude steel, a year - on - year decrease of 1.0%, with a daily output of 2.0953 million tons, a month - on - month decrease of 1.1%. They produced 58.43 million tons of pig iron, a year - on - year decrease of 0.9%, with a daily output of 1.9476 million tons, a month - on - month decrease of 0.7% [3] Overseas Trade Frictions - The European Commission issued an anti - dumping affirmative final ruling on steel crawler tracks originating from China, with an anti - dumping duty of 62.5%. Thailand's anti - dumping and counter - subsidy sub - committee issued an anti - circumvention affirmative final ruling on special iron pipes and steel pipes originating from China [3] Real Estate Transaction Data - From October 13th to 19th, the total transaction (signing) area of newly built commercial housing in 10 key cities was 1.6386 million square meters, a month - on - month increase of 63.7%. The total transaction (signing) area of second - hand housing was 2.1837 million square meters, a month - on - month increase of 70.5% [3] Market Performance - Steel products fluctuated and consolidated yesterday. During the day session, they rose first and then fell, and both varieties closed with a doji star, with little fluctuation. The macro data showed limited improvement in the real estate market, still putting pressure on building materials. Overseas trade frictions also put pressure on the export of steel plates. Attention should be paid to China - US economic and trade consultations and domestic important meetings [3]

Core Viewpoint - The European Commission has issued a definitive anti-dumping ruling against steel track shoes originating from China, imposing a 62.5% anti-dumping duty on specific products [1] Group 1: Anti-Dumping Ruling - The ruling applies to steel track shoes under the Combined Nomenclature codes 8426, 8429, or 8430, regardless of whether they are equipped with rubber pads or assembled on track chains [1] - The maximum length of the steel track shoes affected by this ruling is 3000 millimeters [1] - Additionally, the ruling includes conveyor belts classified under code 8428, which will also be subject to the same anti-dumping duty of 62.5% [1]

Core Points - The European Commission has made a preliminary anti-dumping ruling on steel track plates originating from China, imposing a temporary anti-dumping duty of 62.5% on certain products [1] - For steel track plates assembled in track chains, the anti-dumping duty ranges from 50% to 55%, with specific rates for different configurations [1] - The investigation period for dumping is set from July 1, 2023, to June 30, 2024, while the damage investigation period spans from January 1, 2021, to the end of the dumping investigation period [1] Industry Impact - The ruling affects products under CN codes 8426, 8429, 8430, and 8428, which include machine-used steel track plates and conveyor belts [1] - Stakeholders are required to submit requests for hearings within five days and comments on the case within fifteen days following the announcement [1] - The European Commission initiated the anti-dumping investigation on August 23, 2024, indicating ongoing scrutiny of trade practices involving Chinese steel products [1]