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China insight

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

WBMS: A global surplus of 5,600 tons of refined nickel in March 2023

May 17 - The latest report released by the World Metal Statistics Bureau (WBMS) shows that in March 2023, the global refined nickel production was 233,100 tons, and the consumption was 227,500 tons, a supply surplus of 5,600 tons. Global nickel ore production ...

Friday, May 19, 2023

Trade relations between China, Australia shine

More cooperation, biz opportunities seen ahead as win-win mood spreads.

Friday, May 19, 2023