SMM Steel News, March 31: According to SMM statistics, estimated total shipments of resources to mainstream markets this week were 168,200 mt, down 21.69% WoW from the previous week's shipment level. By market: Table 1: Comparison of Arrivals in Mainstream Markets Source: SMM Steel Shanghai market: HRC shipments to the Shanghai market fell notably WoW this week. Specifically, shipments from the Northeast and east China markets were basically stable, resources from North China declined slightly, while shipments from mainstream steel mills in South China dropped more markedly, mainly because mainstream steel mills recently prioritized deliveries of specialty steel products. In the short term, the Shanghai market has recently had limited advantages, and steel mill shipments are expected to remain basically stable. Shipments to the Shanghai market next week are expected to rebound rangebound WoW from this week. Chart-1: Arrivals in the Shanghai Market Source: SMM Steel Lecong market: Shipments to Lecong fluctuated rangebound WoW this week. Specifically, arrivals of local mainstream resources and North China resources both saw no significant WoW changes. Looking ahead, it is understood that local mainstream steel mill WG has recently seen another increase in export orders, while orders for specialty steel have also performed well. In the short term, domestic trade shipment levels are unlikely to increase substantially, so arrivals are expected to remain at a relatively low level in the near term. Chart-2: Arrivals in the Lecong Market Source: SMM Steel SMM publishes weekly HRC shipment data by destination in mainstream markets every Tuesday. To subscribe to or follow more data, please scan the QR code below.

On March 20 in Beijing, the Department of Energy Conservation and Comprehensive Utilization of the Ministry of Industry and Information Technology organized relevant enterprises, including China Resources Recycling Group and Guangdong Brunp Recycling Technology Co., Ltd., as well as research institutions such as the China Automotive Technology and Research Center and the CCID Research Institute, to discuss work related to building a recycling and utilization system for retired power batteries from NEVs. The meeting conducted an in-depth analysis of the current situation facing the development of the NEV power battery recycling and utilization system, and held serious discussions on issues including innovating policy supply, improving recycling mechanisms, and refining the standards system. The participating representatives unanimously stated that they would integrate local and enterprise practices, build consensus and synergy, carry out in-depth research on major issues in the development of an integrated recycling network, strengthen policy reserves, and accelerate the improvement of the NEV power battery recycling and utilization system.

According to "Huayou Recycling," the Ministry of Industry and Information Technology recently announced the shortlisted candidates for the 2025 Major Environmental Protection Technology and Equipment Innovation Task. The "Complete Set of Equipment for Resource Recycling of End-of-Life Lithium Batteries" project, led by China Resources Recycling Group Battery Co., Ltd. and participated in by Zhejiang Huayou Recycling Technology Co., Ltd. (abbreviated as Huayou Recycling), among others, successfully made the list.

SMM Steel News on June 17: According to SMM statistics, the estimated total resource shipments in the mainstream market this week were 227,400 mt, down 28,000 mt WoW from the shipping level last week. By market:

SMM Steel News on June 17: According to SMM statistics, the estimated total resource shipments in the mainstream market this week were 227,400 mt, down 28,000 mt WoW from the shipment level. By market:

[First Batch of Power Supply Projects for "Xinjiang Electricity Transmission to Chongqing" Commissioned, Easing Power Shortages During "Peak Summer Demand"] The first batch of supporting power supply projects for "Xinjiang Electricity Transmission to Chongqing"—the Gobi Energy Base in the northern foothills of Tianshan Mountains, Xinjiang—has officially commissioned two 1 million kW clean and efficient coal-fired power units. This project will effectively alleviate the power shortages in Chongqing during "peak summer demand." The total installed capacity of this energy base is 14.2 million kW, with clean energy sources such as wind power, PV, and solar thermal power accounting for over 70% of the total. It is a supporting power supply project for the "Xinjiang Electricity Transmission to Chongqing" project, which is a key construction project during China's "14th Five-Year Plan" period. It is developed and constructed by China Huadian and China Resources Group, achieving a high proportion of new energy transmission through "wind and solar power, thermal power, and energy storage integration.