China

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Mongolia has extended its ban on coal exports for a second time as the number of coronavirus cases within the country increases.
News ID: 8747    Publish Date : 2020/03/17

Australian lithium producer Galaxy Resources is prioritising "resource life preservation" at its Mt Cattlin mine in Western Australia, in response to continued weak market conditions in the global lithium market.
News ID: 8687    Publish Date : 2020/03/11

US coking coal prices that have already been slow to follow the rally in Australian prices in recent weeks are largely holding steady, despite lower demand in China that is starting to chip away at recent price gains in Asia-Pacific.
News ID: 8680    Publish Date : 2020/03/11

Chinese ferrous futures fell today in response to sharply lower crude prices, but erased much of the morning falls as outlooks remain firm for steel demand.
News ID: 8659    Publish Date : 2020/03/09

The return of China as an outlet for US coking coal has brought some much needed light to US mining firms that survived a difficult fourth quarter of mine closures, Chapter 11 filings and output cuts carried out to tackle high inventories and a lacklustre European market.
News ID: 8587    Publish Date : 2020/03/06

China 's government is suspending or reducing some port fees, a move which is expected to save costs for commodity importers and encourage more international trade as the country recovers from the coronavirus outbreak.
News ID: 8577    Publish Date : 2020/03/04

China 's Guangzhou municipal government will offer a subsidy of 10,000 yuan/unit ($1,439) to new energy vehicles (NEVs) buyers during March-December this year to support the industry amid reduced demand caused by the coronavirus outbreak.
News ID: 8576    Publish Date : 2020/03/04

China 's government is suspending or reducing port fees and other transport costs, a move that is expected to help revive exports and imports as the country recovers from the coronavirus outbreak.
News ID: 8573    Publish Date : 2020/03/04

The Natural Resource Governance Institute (NRGI), an independent non-profit organization dedicated towards improving countries' governance over their natural resources to promote sustainable and inclusive development, publicizes that “Natural resource-backed loans are loans surrounded by secrecy”. These loans are contributing to the debt levels profuse in Africa.
News ID: 8569    Publish Date : 2020/03/04

Eastern China ’s largest private ferrous scrap consumer and EAF steelmaker- Shagang Jiangsu Steel group has announced its first price cut in its scrap purchase price, after a gap of over 2 months since the last price revision on 9th Dec’19. For all major grades of domestic scrap, the company has lowered its purchase price by RMB 30/MT (USD 4) effective from today, 27th Feb’20
News ID: 8566    Publish Date : 2020/02/27

India's iron ore pellet exports in 2019 increased by around 53pc on the back of robust demand from China .
News ID: 8559    Publish Date : 2020/03/03

The average price of US aluminum scrap exports dropped by 17pc in 2019, as non- China buyers made up a bigger percentage of US shipments compared to the prior year and Japanese ADC12 alloy prices dropped by 23pc.
News ID: 8553    Publish Date : 2020/03/03

The completion of residential development projects in Australia might get delayed by up to six months as cargo for building materials majorly aluminium frames held up in China due to the Coronavirus epidemic.
News ID: 8550    Publish Date : 2020/03/03

Kwasi Amoako-Atta, The Minister of Roads and Highways, Ghana, announced that the epidemic of the deadly Coronavirus in China has pertained a blow to the multibillion-dollar bauxite-for-infrastructure deal.
News ID: 8540    Publish Date : 2020/03/02

China 's steel sector purchasing managers index (PMI) slumped to a record low in February as the coronavirus outbreak disrupted downstream demand, resulting in steel mills reducing output.
News ID: 8537    Publish Date : 2020/03/02

Demand for general grade polypropylene (PP) remains weak in China despite the country increasing production of surgical masks to meet demand from the coronavirus outbreak.
News ID: 8535    Publish Date : 2020/03/02

Chinese steel producers' profit margins fell sharply last month as the coronavirus outbreak stalled demand and disrupted feedstock supplies to lift costs.
News ID: 8533    Publish Date : 2020/03/02

Oil prices slumped to their lowest in more than a year on Friday and were set for their steepest weekly fall in more than four years as the spread of the coronavirus stokes fears of slowing global demand.
News ID: 8529    Publish Date : 2020/02/28

The impact of the coronavirus outbreak has begun eating into demand for steel materials from Japanese car manufacturers, adding further pressure on Japan's falling steel output.
News ID: 8522    Publish Date : 2020/02/28

Saudi Arabia will sharply reduce term crude sales to China next month as the coronavirus outbreak slashes demand in the world's top oil importer. It comes as Riyadh prepares to join Opec and non-Opec allies to discuss deeper production cuts in the wake of the epidemic.
News ID: 8520    Publish Date : 2020/02/28

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