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Steel: ASEAN group in first place among Chinese buyers
In the January-October period, ASEAN remained the largest buyer of Chinese steel products, with a volume of 16.8 million tons, up 16.4% year-on-year or accounting for 29.2% of China's total steel exports during the period. In the first half of 2021, ASEAN-6 countries,...
Steel scrap: inventories at China’s licensed yards fell 7.3% on a monthly basis
Inventories of processed and unprocessed steel scrap held by China's 293 licensed yards declined for the fourth consecutive month, posting another 7.3% month-over-month decline. Concentrated deliveries by scrap dealers to steel mills were again the main contributors...
Tin: demand on the upswing and supply still declining
Tin is in the grip of one of the longest compressions ever seen in commodity markets, and there are no signs of it slowing down. A relatively small market, used primarily for solder in electronics, tin is often overshadowed by metals like copper and aluminum that are...
Copper: Capstone Mining and Mantos Copper in the process of merging
Canada's Capstone Mining and Chile's Mantos Copper, managed by UK investment firms Audley Capital Advisors and Orion Mine Finance, are poised to merge to form a new Americas-focused copper producer called Capstone Copper. The new company, which will be traded on the...