Loading
Chinese steel industry consolidation accelerating
China's largest steel producer, Baowu Group, is taking majority control of a steel company in Jiangxi Province, accelerating its plan to consolidate the company and increase production capacity at a time of increased emphasis on decarbonisation. Jiangxi province has...
Copper: surplus of 16,000 tonnes recorded in January 2022
In the latest monthly bulletin from the International Copper Study Group, the global refined copper market showed a surplus of 16,000 tonnes in January, compared to a deficit of 74,000 tonnes in December. In 2021, the market was in deficit by 439,000 tonnes, compared...
Tin: sharp rise in Chinese imports
The latest customs data from China indicate that the country imported significant quantities of tin during March, likely due to high local prices. China imported about 28,986 tonnes of tin ores and concentrates (gross weight) in March 2022. This material was estimated...
Steel: European stainless steel surcharges rise in May
Monthly alloy surcharges on nickel-containing stainless steel flat-rolled products in Europe are set to rise sharply in May, after the highly volatile nickel futures market last month. Finland's Outokumpu, the continent's largest stainless steel producer, set its...