Winter atmospheric governance has entered a crucial period. Recently, Nanjing, Jinan, Anyang and other places require steel, cement and other enterprises to implement the cut-off and limit-cut measures. According to the insiders, the sales volume and prices of cement, steel and other industries will remain high in the short term as the continuous production restriction of environmental protection continues, especially the domestic demand side is better than expected.
2017 is the closing year of the first phase of "Atmosphere 10". In accordance with the "2017 Beijing-Tianjin-Hebei and its surrounding areas air pollution prevention and control work program" and "Beijing and Tianjin and its surrounding areas 2017-2018 autumn and winter air pollution control measures to tackle the problem" and other documents, steel, coking, building materials, non-ferrous A number of industries in the heating season will peak production. In addition to ensuring people's livelihood such as heating tasks, cement, brick kiln, ceramic, gypsum board and other building materials industry heating season all the implementation of production.
In Beijing and other cities issued a limited production stop order, Jinan December 2 issued a yellow warning of heavily polluted weather, and at the start of the day 20:00 level Ⅲ emergency response. Responding to the launch, industrial and manufacturing enterprises such as steel, petrochemical and cement industries should follow the emergency plan of "one company, one policy" to implement emergency emission reduction measures such as production stoppage, limited production and peak shifting in different industries. Jiangsu Provincial Environmental Protection Department launched the blue alert on air pollution in the entire province on December 3, and implemented the second-phase air pollution control measures in winter and spring in Nanjing City. All the cement and foundry industries in the city were discontinued, with key petrochemicals and steel producers limiting their production by more than 30%.
In the heating season environmental limit production cut-off policy is expected, steel, cement, colored ushered in several rounds of rising tide. According to a number of research reports, as the production limit continues to increase, the limited production in various industries, including cement and steel, has resulted in low inventories in various parts of the country and continued price increases.
Looking ahead, some industry insiders believe that based on the overall tight supply and demand of the current cyclical products, short-term and ultra-limited output is expected to continue to push up the market expectations of the industry's leading earnings elasticity.
