Loading
Chinese Steel Exports Continue to Grow: Prospects for the Rest of 2024
In October, China's steel exports reached remarkable levels, growing 10.1% month-on-month and jumping 40.8% year-on-year, with a total volume of 11.18 million tonnes of finished products. This momentum reflects the competitive strength of the Chinese steel sector...
India and Steel: Growing Imports and Impact on the Domestic Market
India's steel imports increased significantly during the period between April and September, with China remaining the largest supplier. Provisional government data show that the world's second largest producer of crude steel imported 4.7 million tonnes of finished...
China’s Alumina Price: Driven by Supply Problems and Rising Demand
The Chinese commodities market has seen a notable increase in the price of alumina, one of the main materials used for aluminium production. On 8 November 2024, the Shanghai Metals Market (SMM) reported an average of RMB 5,391 per tonne for alumina, adding to a series...
China and the Gold Market: A Pause in the Race for Reserves and Price Swings
China, a major global player in the gold reserves market, held steady in October, deciding for the sixth consecutive month not to increase its gold reserves. According to official data released on Thursday, China's gold reserves currently stand at 72.8 million troy...