Australian lithium producer Altura Mining this week shipped its largest ever cargo of lithium concentrate to China .
News ID: 7512 Publish Date : 2019/11/22
Drakewood Capital Management has traded the LME's China steel coil export contract, in the first reported trade by a hedge fund since the contract launched in March.
News ID: 7511 Publish Date : 2019/11/22
The Brazilian economy ministry's chamber of foreign commerce Camex has extended its definitive anti-dumping duty (ADD) on imports of steel heavy plates from Ukraine, China , South Africa and South Korea for up to five years, starting on 1 October.
News ID: 7507 Publish Date : 2019/11/22
Chairman of Tehran Chamber of Commerce Masoud Khansari said that the Chinese companies have voiced their readiness to invest in Iran’s development projects, specially in the mines and agricultural sectors.
News ID: 7492 Publish Date : 2019/11/19
China Hongqiao Group Limited, the world’s biggest aluminium producer, has reportedly hired outgoing International Aluminium Institute (IAI) secretary general Ron Knapp as its international adviser with effect from January 1, 2019.
News ID: 7475 Publish Date : 2019/11/15
Singapore — China 's voracious appetite for coal may be nearing its peak consumption level, but the country's love affair with one of the cheapest fuels is unlikely to end anytime soon, despite Beijing's efforts to turn the skies of Asia's biggest energy consumer blue.
News ID: 7473 Publish Date : 2019/11/14
China 's crude steel output in October slipped to its lowest level since March at 81.52mn t, as narrowing profit margins slowed production slightly.
News ID: 7463 Publish Date : 2019/11/14
Seaborne floating premiums for PB fines have halved since early October, pressured lower by weakness in China 's portside markets.
News ID: 7461 Publish Date : 2019/11/14
According to the National Bureau of Statistics, China ’s new energy vehicles production in October stood at 85,000 units, down 9.6 per cent from a month before and 39.7 per cent from the same period last year.
News ID: 7450 Publish Date : 2019/11/14
According to a recent report, China has approved the funding of the first lot of Phase One of the Sinohydro projects in Ghana, as per the agreement signed between China and Ghana in 2018. According to the agreement, China will have access to sites to mine bauxite in Ghana in exchange of development assistance from Ghana.
News ID: 7434 Publish Date : 2019/11/13
Beijing verbally told all regional customs authorities today to suspend coal imports because the country's receipts appear set to exceed the limit set for 2019.
News ID: 7423 Publish Date : 2019/11/13
China 's major steelmaker Baosteel released its monthly steel prices today. The company has kept its HRC, plain carbon CR coil, and HDGI prices unchanged for Dec deliveries.
News ID: 7419 Publish Date : 2019/11/11
According to General Administration of Customs, China - the world's largest iron ore consumer and importer recorded iron ore and pellet imports at 92.86 MnT in Oct’19. The imports witnessed 7% fall on monthly basis compared to 99.36 MnT in Sep’19. The decline in imports is attributed to falling demand amid increased production curbs and shrinking steel margins.
News ID: 7415 Publish Date : 2019/11/08
Eastern China ’s largest private ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group has announced a price hike for all grades of domestic steel scrap procurement by a significant margin, increasing its purchase price by RMB 80/MT (USD 11) effective from today 7th November’19. The price hike comes after 3 weeks of unchanged bids by the company.
News ID: 7408 Publish Date : 2019/11/07
Tata Steel, India reported two fold increase in export volumes to 0.64 MnT in Q2 FY20 against 0.31 MnT in previous quarter. The guidance for exports for this fiscal will be around 2.4 MnT. Although export realization was lower than domestic realization this quarter, but helped to clear inventories shared officials during conference call. Lower volumes to Automotive segment were compensated by higher exports. Other key highlights of concall were:
News ID: 7402 Publish Date : 2019/11/07
Tehran and Beijing are resolute to broaden mutual cooperation in areas of knowledge-based economy as an Iranian delegation of knowledge-based companies is on a tour of China .
News ID: 7393 Publish Date : 2019/11/12
China Passenger Car Association (CPCA) data shows that China ’s wholesale new energy vehicle (NEV) sales declined 45.4% from a year ago to 66,000 units in October. This marked the fourth consecutive month of decline since the latest subsidy cuts took effect in late June.
News ID: 7389 Publish Date : 2019/11/12
Asia-Pacific styrene monomer (SM) producers are starting to reduce their operating rates after integrated producers endured a month of production losses for the first time since 2014.
News ID: 7380 Publish Date : 2019/11/12
China set winter pollution cuts of 2-3pc for east and central China today, raising ferrous price outlooks from expected steel supply cuts.
News ID: 7379 Publish Date : 2019/11/12
SteelMint in conversation with market participants learned that bids for Indian low-grade fines from China have come down this week following the decline in global iron ore price. Low-grade fines (Fe 57/58) assessment of SteelMint moved down to around USD 53-55/MT CFR China , as against the last assessment at USD 55-57/MT, CFR China .
News ID: 7376 Publish Date : 2019/11/02