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me-metals: Aluminum led base metals lower, extending losses from the previous session, as traders wait for the Federal Reserve’s final interest-rate decision for 2024 later this week.
News ID: 11577    Publish Date : 2024/12/19

me-metals: December copper was treading water on Tuesday trading at $4.36 per pound ($9,610 per tonne) in Chicago. At the end of September copper comfortably scaled $10,000 a tonne after Beijing announced a raft of mostly monetary measures to stimulate the country’s slowing economy and in particular its besieged property sector.
News ID: 11418    Publish Date : 2024/10/30

Brazil's state-controlled Petrobras is touting China's persistent appetite for its pre-salt crude and is promising to boost supply if needed despite thinner sales margins.
News ID: 9500    Publish Date : 2020/05/15

Methanol sellers in Asia and the Middle East are under pressure to cut production rates or face demurrage costs as Chinese storage tanks have no space left.
News ID: 9490    Publish Date : 2020/05/15

China's steel exports in April fell by 2.6pc to 6.31mn t from March, as Chinese mills shifted supply to domestic markets to meet recovering demand.
News ID: 9381    Publish Date : 2020/05/08

Slowing electric vehicle (EV) demand in China and disruption during the Covid-19 pandemic will continue to hit the major Chinese lithium producers, including Tianqi Lithium and Ganfeng Lithium, into the second quarter.
News ID: 9167    Publish Date : 2020/04/16

Weak demand and an increasingly uncertain price outlook put further pressure on the low-calorific value (CV) Indonesian coal market today. There were also signs that the derivatives market is also weakening after a May ICI 4 clip traded at well below yesterday's Argus settlement price.
News ID: 9134    Publish Date : 2020/04/14

Spot premiums for iron ore concentrate have nearly doubled for some grades this week, supported by tight Australian supplies that are more than offsetting weakness in pellet markets.
News ID: 9094    Publish Date : 2020/04/09

Losses, cancellations and delays to export orders for Chinese -made goods from the western hemisphere amid the coronavirus outbreak are posing a significant threat to the survival of export-oriented Chinese manufacturers.
News ID: 9026    Publish Date : 2020/04/02

Imported HRC prices to Vietnam fell further towards the weekend in recent deal being concluded from China. Market sources in Vietnam shared that major steelmaker in China named - Baosteel booked another cargo of 70,000 MT HRC (SAE 1006) for exports to Vietnam at USD 470/MT CFR Vietnam for March shipment.
News ID: 8998    Publish Date : 2020/02/21

Chinese state-owned producer Shanxi Coking Coal has raised second-quarter contract prices for some of its highest quality coking coal grades while keeping unchanged or lowering prices for other brands.
News ID: 8965    Publish Date : 2020/03/30

According to the latest customs data released, the nation’s finished steel exports reported declined by 27% in the first two months of CY20 to 7.8 MnT as compared to 10.698 MnT in Jan- Feb’19.
News ID: 8881    Publish Date : 2020/03/07

This week Chinese steel prices exhibited optimistic market sentiments with improvement in steel prices amid measures taken by the government to push buying activities in both domestic and export markets. HRC and rebar export offers remained stable. Domestic billet prices gained momentum. Iron ore prices moved up amid measures adopted by the Chinese government. However, coking coal offers inched down on a weekly basis.
News ID: 8880    Publish Date : 2020/03/07

Chinese producer Zhejiang Zhengkai's subsidiary Chongqing Wankai is starting up today its new 600,000 t/yr polyethylene terephthalate (PET) bottle chip plant.
News ID: 8858    Publish Date : 2020/03/25

Market sentiments in the Chinese steel market were bolstered by the gains in futures followed by the government’s efforts to thrust the recovery of the steel demand. Meanwhile, China also announced a rate cut in its Required Reserve Ratio (RRR) further adding a push to buying sentiments in the market. Rebar and billet prices ascended this week while HRC prices depicted a slight fall.
News ID: 8823    Publish Date : 2020/03/14

Chinese HRC export offers decline as importers turn bearish
News ID: 8816    Publish Date : 2020/03/17

The rollout of fifth-generation (5G) telecom networks is not only driving demand for electronic metals in network equipment, but increasing demand for lithium batteries to provide back-up power for base stations.
News ID: 8780    Publish Date : 2020/03/19

China's economic activity slowed sharply during January-February as a result of the coronavirus outbreak, but the country's national bureau of statistics (NBS) said second-quarter activity should pick up significantly.
News ID: 8729    Publish Date : 2020/03/16

Chinese steelmaker Jingye Group has completed its acquisition of the majority of British Steel's assets, the official receiver, Ernst & Young, confirmed today.
News ID: 8652    Publish Date : 2020/03/09

Billet stocks at 14 trading houses under Mysteel’s weekly survey in Tangshan, North China’s Hebei province, surged to a near two-year high of 1.08 MnT as of February 27, though the speed with which stocks are rising slowed during the survey week amid the gradual resumption of buying among re-rollers, according to Mysteel’s latest survey.
News ID: 8618    Publish Date : 2020/03/03

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