1. According to the World Steel Association, global crude steel production in June 2023 will be 158.8 million tons, a year-on-year decrease of 0.1%. Among them, China’s crude steel output in June was 91.1 million tons, an increase of 0.4% year-on-year; India’s crude steel output in June was 11.2 million tons, an increase of 12.9% year-on-year.
2. According to SMM research, some steel mills in East China have recently received verbal notices requiring production not to exceed 2022, and specific documents have not yet been issued. Mysteel also learned that some steel mills in Tianjin have received verbal notices requiring that this year’s crude steel output not exceed last year’s.
3. The Bureau of Ecology and Environment of Taiyuan City, Shanxi Province held the second regular meeting of air pollution prevention and control in July. The meeting called for reducing nitrogen oxide emissions by 15% to 30% in key industries such as coking, steel, thermal power, and waste incineration.
4. The Kremlin said it was crucial for Russia to discuss food supplies with African countries at the upcoming Russia-Africa summit. It is currently impossible to revive the defunct Black Sea grain agreement.
5. According to AmSpec, an independent inspection agency in Malaysia, Malaysia’s palm oil export volume from July 1 to 25 was 987,414 tons, compared with 891,361 tons in the same period last month, an increase of 10.78% from the previous month.
6. The Brazilian Sugar Industry Association (Unica) stated that the sugar production in the central and southern regions of Brazil reached 3.241 million tons in the first half of July, compared with 2.977 million tons in the same period last year. Sugarcane crushing was 48.373 million tons, compared with 46.149 million tons in the same period last year.
7. According to data released by the China Architectural Glass and Industrial Glass Association, from January to June, the cumulative output of photovoltaic rolling glass was 11.565 million tons, a year-on-year increase of 68.7%.
8. According to The Paper, neither Tianqi Lithium Industry nor Ganfeng Lithium Industry, the leading lithium resource enterprises in China, appeared in the list of the first batch of designated delivery factories for lithium carbonate futures.
9. London Metal Exchange (LME) futures and options data show that as of the week of July 21, speculators have reduced the net long position of LME copper by 5526 hands to 53092 hands, the lowest level in more than 3 weeks.