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Stock market
"-US stocks: The S&P 500 fell 2.33 %, confirming that there was a" dead fork "-the 50-day average fell through the 200-day average and closed below the 200-day average. Dow Jones fell 2.24 %. Nasdaq fell 3.05 %.
○ European stocks: The FTSE Pan-European Merit 300 Index closed up 0.82 %. The German DAX30 index closed down 0.21 %. The French CAC40 index closed up 0.68 %.
<UNK> A shares: Shanghai refers to 2605.89 points, an increase of 0.03 %, the transaction volume of 9.7 billion. Shen Cheng pointed out that it received 773.89 points, a decline of 0.01 %, and the transaction volume was 143.2 billion. GEM closed at 1341.02 points, down 0.35 %, and the transaction volume was 45.3 billion. Throughout the week, Shanghai index rose 0.68 %, Shenzhen index rose 0.68 %, and GEM index rose 0.87 %.
Gold: COMEX gold futures closed up 0.7 % in February at $125.60 an ounce, the highest close since July 10, and jumped 2.2 % a week.
Oil: WTI crude futures closed 2.18 % higher at $52.61 a barrel in January. Brent crude futures rose 2.68 per cent to $61.67 per barrel.
Macro-information
In dollar terms, Chinese imports grew 3 per cent year-on-year in November and exports by 5.4 per cent year-on-year, both falling short of market expectations. The trade surplus expanded by 16.4 per cent in November, with the surplus rising 27.5 per cent year-on-year. The overall trade surplus has narrowed by 18.1 per cent this year.
014. Soybean imports fell 38 % to 5.38 million tons in November from a year earlier, the lowest in the past six years in November figures. In addition, copper imports fell 3 per cent from a year earlier, the worst performance since December.
In November, China's exports to the United States amounted to $46,216.8 million, up 9.8 % from a year earlier. But in the same month, Chinese imports from the United States of America amounted to $1065.6 million, down 25 per cent from $14228.1 million a year earlier.
China's CPI fell in November from a year earlier, but remained high, while PPI reached its lowest level since November 2016. Analysts believe that pork and other important factors that affect the trend of CPI in the coming period, the 2019 CPI may be an "inverted V" trend.
The Canadian court did not rule on Mengwanzhou's bail application, and the hearing will continue at 1 PM local time on the 10th, CCTV reported. Until then, Mengwanzhou will remain in detention.
<UNK> Pan Gongsheng mentioned that for Internet financial supervision, the swimming of concepts should not affect the determination of the nature of financial activities. "Finance must be handled according to the rules of finance, and science and technology are naturally positioned to provide support and services for finance." ICO and STO are still illegal financial activities in China.
In accordance with the national security work videoconference deployment on October 31, the State Council Security Commission decided to conduct a safety "medical examination" of high-risk coal mines.
Industry News
<UNK> On December 7, a total of 87.7 million tons of iron ore was sold in the main port of the country, an increase of 21.81 % over yesterday; The average daily turnover last week was 698,800 tons, and the average daily turnover last month was 780,800 tons.
<UNK> On December 7, Mysteel's daily trading volume of building materials for traders across the country was 162,300 tons, a decrease of 39,700 tons from December 6.
. The relevant Department of Fengrun District, Tangshan City, according to the requirements of the document "Notice on Initiating Heavy Pollution Weather Class II Emergency Response", the District Heavy Pollution Weather Response Command decided to adjust the heavy pollution weather Class II emergency response time launched on December 8 to December 2018. 2400Z.
<UNK> According to the Hebei Provincial Government's steel industry policy, Hebei Shengbao's steel production capacity has all withdrawn. According to the latest news, the company officially stopped production on the 7th. Hebei Shengbao has an annual steel production capacity of 4.5 million tons; It mainly produces hot strip steel, cold strip steel, galvanized strip steel and steel pipe; The suspension of blast furnace mainly affects billet and hot strip steel, galvanized strip steel and steel pipe are still normal production.
On the 9th, the operation rate of the clinker production line in Jiangsu Province was 61 %, down 5 % from last week. The atmospheric pollution index in some parts of Jiangsu province exceeded the standard, and the clinker production line was affected.
<UNK> At 18 o'clock on December 9th, Tangshan Zhengfeng Waste Steel was raised by 50-70: Waste steel 1-2 thickness 2120, 3-5 thickness 2220, 6 thickness above 2240, 8 thickness above 2260 new cold plate pressure block 2250 steel bar 2270 galvanized scrap 2240 New cold plate scrap 2250 grade 2270 secondary crushing 2120.
<UNK> From the 11th onwards, Xuzhou Jinhongtong increased 100. After adjustment: the quality steel plate lower corner material 2210 steel head hot flush horseshoe punch 2110 angle iron / slot steel word 1960 frame broken 2150 color tile broken 1950 chip broken 1850 steel planer 2060-2100 CNC 2000-2040 Crunch 1960-1980 filament 1920-1970 does not include tax.
<UNK> On the 9th, the purchase price of Yixin Iron and Steel Waste Steel in Zhangzhou, Sichuan Province was raised by 50. After adjustment: Selected Jiao Steel and pig iron furnace materials 2220, 6 to 8 thick furnace materials(width 50) 2200 to 2220, 4 to 6 thick furnace materials(width 50 inside) 2150 to 2200, 2 to 4 thick furnace materials(within 50 miles in length and width) 2020 to 2120, iron chips 1970 to 2020. Stop other wool. No taxes included.
<UNK> On the 9th, the price of waste steel in Meiya Iron and Steel in Sichuan was raised by 20. After adjustment: pig iron, cast steel, pure steel: 2260, Heavy waste, new soft material: 2210-2240, primary crushing material: 2230(density 1.35 or more) waste: 2160-2210, light waste: 2060-2160 iron pin: large thickness 2210, Medium and coarse: 2110, fine iron pin: 1910 broken raw material: bicycle, motorcycle frame: 1960 unified material, light and thin material: 1760-1860 does not include tax.
However, on the afternoon of the 9th, Tangshan Pu Fang was holding a higher price. Some local steel mills and some Changli steel mills were reported as 3320, and cash included taxes.
<UNK> On the 9th, the price was adjusted: Tangshan's small narrow belt was partially active, and some of them were chased up by 10, and the mainstream price was reported at 3620, including taxes.
<UNK> On the 9th, part of the resources of the Pufang billet in the Qianan area of Tangshan rose by 10, reported 3320, and the cash included taxes.
On the 9th, Tangshanrui brought steel stability, 295-300 newspapers 3600, 495-535 newspapers 3600, 730-765 newspapers 3600, including tax factory.
<UNK> On the 9th, the Tangshan mid-board market was weak and stable. Now 14-22mm general board price 3700, low alloy plate 3880.
<UNK> On the 9th, the Tangshan hot volume market was temporarily stable, with 3.0 volumes 3620, 5.5 mm mainstream open level 3580-3600, and manganese open level 3760.

Original selection
. Mysteel: November-December Survey of the amount of steel resources invested in construction in Beijing-Tianjin-Hebei region: In December, Beijing-Tianjin-Hebei leading steel mills invested in major market resources plans in comparison with November. The total amount is about 1.565 million tons, which is an increase of 108,000 tons over the actual amount of investment in November. Beijing, Tianjin, Tangshan and Handan regions have all increased, and the minimum increase in the amount of investment is more than 10,000 tons.
Zhoudu, Shandong building materials: After the stock decline has skyrocketed significantly, it has calmed down: In the first week of the start of December, the price of construction steel in Shandong Province has rebounded. From last week to this day, it has risen by 200 yuan per ton. The pessimistic mentality in the early period has improved. According to the latest statistics, the stock of steel mills and social stocks have both decreased significantly, but due to the large area of snow in Shandong, market demand has also declined. Near the winter reserve, in the context of the low stock market, traders are emotionally complex.
7 Steel mills to rain and snow to curb demand steel prices to turn around? On December 7, the domestic steel market was weak and the tariff exit price of Tangshan Fangbo was stabilized by 3,310 yuan per ton. In the first half of the week, the end user stores were active. Under the influence of the rain and snow weather in the second half of the week, the market turnover declined and market confidence was still insufficient. Traders still shipped back funds.
Hey, do you still have a game in December? From late November to half a month, the domestic Coke price has dropped by about 450 yuan/ton. At present, the standard grade one metallurgical Jiaoping warehouse price of Rizhao Port is reported at 2,400 yuan/ton. Relatively speaking, this year, the coke coal market as a whole remained stable. So after this round of substantial adjustment, Coke plant profit and loss situation? How will the later coal Coke market prices evolve?
Pre-set prediction
<UNK> Building Materials: On the 7th, the average price of 20mm third-grade spiral steel in 25 major cities in the country was 4085 yuan/ton, a decrease of 26 yuan/ton from the previous trading day. At present, most regions of the country have entered the rain and snow weather, demand has weakened further, and the contradiction between supply and demand has become prominent. The dynamics of steel mills in the later period have affected the market trend. It is expected that domestic steel prices will continue to oscillate this week.
Hot rolling: On the 7th, the average price of hot rolling rolls in 4.75 major cities in the country was 3,758 yuan per ton, a decrease of 17 yuan per ton from the previous trading day. Taken together, the price of hot rolled rolls this week may oscillate downward.
Cold rolling: On the 7th, the average price of cold rolling was 4368 yuan per ton in 1.0 of the 24 major cities in the country, which was 17 yuan per ton lower than the previous trading day. At present, most regions have entered the rainy and snowy weather. Demand is weak and prices are difficult to support. Traders still rely on shipments to ease inventory and capital pressure. It is expected that the cold rolling spot price will oscillate this week.
10. The average price of the 20mm board in the 24 major cities in the country was 3,861 yuan per ton on the 7th, down 11 yuan per ton from the previous trading day. Last week steel mills orders also with the price of a certain increase in stability, speculative demand also has a certain release. Prices are expected to continue to fluctuate in the short term.
○ Imported mines: On the 7th, 61.5 % of the Australian powder mine in Jingtang Port reported 541 yuan per ton, an increase of 3 yuan per ton from the previous trading day. Near the weekend steel factory purchasing mentality is general, most wait and see the market, the price of traders to increase acceptance is not high, the transaction is more general, it is expected that the mine price is still the main.