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Aluminium: chinese production grows by 1.8% year-on-year
China's aluminium production in March rose 1.8 percent year-on-year to its highest level since last May, supported by a recovery in output and strong profits. The world's top metal producer's primary aluminium output stood at 3.3 million tonnes last month, up from...
Tin: Alphamin looking for new buyers
Alphamin Resources Corp, one of the world's largest tin miners, has initiated a potential sale of the company as prices for the metal continue to rise. Alphamin has a market value of $1.3 billion. Investment firm Denham Capital is its largest shareholder with a 57%...
Steel: weak sales plague Italian long products market
Weak sales and a lacklustre market are overshadowing Italian long products sales in April. While this is a seasonally slower month due to the Easter and 25 April holidays, the market seems to have stopped absorbing price increases. Demand is tinny for rebar, rolled...
Steel: China’s production falls by 10% year-on-year
China's crude steel production fell by more than 10% to around 243 mln tons in January-March 2022 compared to 271 mln tons in the same period in 2021. Volume in March 2022 fell 6% to 88 mln tons compared to 94 in the same month last calendar year. What...