Macroeconomics 1. [Reverse Repo] To maintain ample liquidity in the banking system, the People's Bank of China will conduct a 500-billion-RMB outright reverse repo operation on

Since July, the iron ore market has generally been characterized by low-level fluctuation and a lack of momentum for a rebound. According to SunSirs' iron

Driven by rising shipping costs, iron ore futures prices experienced a volatile upward trend in early July; the benchmark contract climbed from a low of

Macroeconomics 1. [Energy Sector Land Use Tax] The Ministry of Finance and the State Taxation Administration have adjusted the urban land use tax policy for enterprises

Macroeconomics 1. [Electricity] National Energy Administration: In June 2026, the volume of electricity traded in the national market reached 627.5 billion kWh, a year-on-year increase of

Vale, a leading global iron ore producer, released its production and sales report for the second quarter of 2026 on July 21; the output of

Macroeconomics 1. [US Tariffs] On July 21 (local time), US President Trump announced via social media that all generic drugs imported into the US would continue

According to the commodity market analysis system of SunSirs, the iron ore market exhibited a pattern of "rebounding from lows and fluctuating with a bullish

Macroeconomics 1. [GDP] National Bureau of Statistics: Preliminary estimates show that China's Gross Domestic Product (GDP) for the first half of the year totaled 69.5704 trillion

According to Custeel, the domestic steel market yesterday generally exhibited a pattern of narrow-range fluctuation with underlying stability. Futures markets saw mixed performance: rebar rose

Data from the National Bureau of Statistics shows that in June 2026, China's crude steel output was 83.67 million tonnes, up 0.4% year-on-year; pig iron

Macroeconomics 1. [Reverse Repo] On July 15, 2026, the People's Bank of China will conduct an outright reverse repo operation totaling 1.4 trillion RMB. The operation

According to Futures Daily, the first half of 2026 saw a surge in global iron ore supply driven by the concentrated release of production capacity

Macroeconomics 1. [Electricity Consumption] The National Development and Reform Commission (NDRC) announced that on July 10, national electricity load hit a record high of 1.518 billion

According to the commodity market analysis system of SunSirs, the iron ore market continued to fluctuate at low levels last week (July 3-10), with prices

Macroeconomics 1. [PPI] National Bureau of Statistics: In June 2026, China's producer prices for manufactured goods rose by 4.1% year-on-year and fell by 0.3% month-on-month. Producer

Macroeconomics 1. [Foreign Exchange Reserves] Statistics from the State Administration of Foreign Exchange show that as of the end of June 2026, China's foreign exchange reserves

According to Sina Finance, from a macro perspective, while favorable policy tailwinds may provide some support for downstream iron ore demand—and expectations among steel mills

Macroeconomics 1. [China Warehousing Index] China Federation of Logistics & Purchasing: Driven by the concentrated launch of major national infrastructure projects and a simultaneous recovery in