China insight

Metallurgical coal outlook dims even as demand dwindles in India, China

In India, market sources do not expect any strong uptick in demand ahead of the monsoon season starting in the June-July period.

Tuesday, May 23, 2023

Market growth for stainless steel will be 4.7% CAGR between 2023 and 2029

The market for stainless steel was valued at US$132.7 billion in 2022, and a report by Maximize Market Research predicted that it would reach US$223.7 billion by 2029, expanding at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2029.

Tuesday, May 23, 2023

China exports 6766.26 tons of calcium metal from January to April in 2023

From January to April in 2023, China's export volume of calcium metal was 6766.26 tons,

Tuesday, May 23, 2023

LME profits fall to 8-year low as nickel crisis hits exchange

Profits at the London Metal Exchange fell to the lowest in eight years in 2022, as the massive short squeeze that brought the nickel market to a juddering halt in March took its toll on the exchange.

Monday, May 22, 2023

UK to ban Russian diamonds, copper, aluminium and nickel in Fresh Round of Sanctions

(Reuters) - Britain's Prime Minister Rishi Sunak plans to announce a ban on Russian diamonds and imports of metals from Russia including copper, aluminium and nickel in support for Ukraine, his government said in a statement.

Monday, May 22, 2023

FNI: plan to export 6.5 million wet metric tons of nickel ore

"We expect a year of increased production, focused operational execution, and additional exploration drilling at our mine sites. Specifically, we plan to export 6.5 million wet metric tons (WMT), including 5 million WMT from Cagdianao and 1.5 million WMT from ...

Monday, May 22, 2023

Vale gets offers for stake in base metals unit

Brazilian miner Vale SA received binding offers for a stake in its base metal unit, local newspaper Valor Economico reported on Thursday, citing unnamed sources.

Friday, May 19, 2023

Worldstainless: Global stainless steel consumption is expected to be 3.6% in 2024

Worldstainless expects global consumption of stainless steel to be at 0.0% in 2023 and at 3.6% in 2024. Only minor changes in global meltshop production by main grade in 2022 recorded.

Friday, May 19, 2023
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