In August 2021, the barometer of the completion of the dual control target of energy consumption in all regions in the first half of 2021 released the results. The results showed that in terms of the reduction of energy consumption intensity, the energy consumption intensity of nine provinces (regions) in Qinghai, Ningxia, Guangxi, Guangdong, Fujian, Xinjiang, Yunnan, Shaanxi and Jiangsu did not decrease but increased in the first half of the year, which was a first-class early warning. The notice indicates that for areas where energy consumption intensity does not decrease but increases (prefecture level cities, prefectures and leagues), the energy conservation review of "two high" projects will be suspended in 2021 (except for major projects planned and distributed by the state). All localities should resolutely implement the national decision-making and deployment, remain highly alert to the severe energy-saving situation in the first half of the year, and take effective measures to ensure the completion of the double control goal of energy consumption throughout the year, especially the goal of reducing energy intensity.

In the first ten days of September, the power restriction control in several level-1 early warning areas intensified, and the raw material smelting production line took the lead in receiving the notice of production restriction control, but the impact on stainless steel enterprises has not been further expanded.

Double control assessment measures are implemented to limit production and add weight again

On September 15, the short silence was broken. In the morning, a steel-making enterprise located in Guangxi received the notice of production restriction again after the resumption of production restriction in September, and the original plan to restore normal production was disrupted. Meanwhile, ferronickel enterprises in Jiangsu Province announced the implementation of full line shutdown. The strengthening of regional control in early warning and the overweight of production restriction policy make the market worried about the intensification of stainless steel production restriction in the future.

In the evening, it was reported that a steel-making enterprise in Jiangsu had stopped production of ferronickel, and stainless steel was greatly affected. On the 15th, the main stainless steel contract opened higher at night, and the futures price rose rapidly, up to 20680 yuan / ton, a new high since the listing of futures. Ss2111 hit the daily limit to 20315 yuan / ton, up 6.98%.