Domestic Mg Output 748 kt Jan. to Oct.
18/12/19 | Magnesium
China Nonferrous Metals News CNIA: China produced 747.7 kt of primary magnesium during the first ten months of 2019, up 21.7% y-o-y. Of this figure, Shaanxi was 421 kt, up 18.9% on-year, Shanxi 99.1 kt, up 23.27% on-year and Ningxia 41.9 kt, down 30.06% on-year. Domestic magnesium prices averaged RMB14,367/t…
Chongqing Qineng Begins Al Ingot Casting
18/12/19 | Aluminium
Cnal News 10th December: Chongqing Qineng powered up its aluminium ingot casting lines in a bid to meet downstream processers’ restocking needs before the Chinese New Year (24th January 2020). The ingot casting lines will be operated for 60 days, targeting output of 15 kt. Chongqing Qineng is presently operating…
Domestic Aa Output at 5.67 mln t, Al 2.89 mln t for Nov.
Shanghai Nonferrous Metals News NBS: China produced 5.67 mln t of alumina in November, down 9.7% m-o-m. China’s total alumina output during the first 11 months of 2019 was 66.49 mln t, down 0.7% m-o-m. China produced 2.898 mln t of primary aluminium in November, up from…
China Imports 6.48 mln t of Bx in October
18/12/19 | Bauxite
Alu News China imported 6.48 mln t of bauxite in October, down 4% m-o-m, a new monthly low for 2019. Bauxite imports from Guinea were only 1.66 mln t, down 7% m-o-m, a historic monthly low over the past two years. Imports from Australia lifted by 5% on-month to…
Domestic W Market Stagnates
17/12/19 | Tungsten
China Commodity Marketplace The domestic tungsten market stagnated last week, and it is unlikely to improve in the short-term. At present, raw materials holders are reluctant to sell at low prices and high-level quotations are being declined by buyers, resulting a stalemate. At present, wolframite (65% grade) mainstream quotations…
2019 Domestic Al Market: Weak Supply and Demand
17/12/19 | Aluminium
Cnal News Speaking at an industrial conference, Antaike analyst Ms. Wang Hongfei claimed that the 2019 domestic primary aluminium market has been weak on both supply and demand sides, with a sharper decline in supply expanding the supply shortfall during the year. Domestic primary aluminium smelters have seen soaring profit…
Domestic Zn Concentrate Production in Decline
16/12/19 | Zinc
Shanghai Nonferrous Metals News SMM: China produced 342.5 kt of zinc concentrates in November 2019, down 2.1% m-o-m and down 8.1% y-o-y, represented by an operational rate of 74.9%. China’s zinc concentrate output during the first 11 months of 2019 reached 3.58 mln t, down 5.8% y-o-y. Several large zinc…
Domestic Ni Prices Continue to Fall
16/12/19 | Nickel
China Nonferrous Metals News Domestic nickel prices continue to fall in December, with increased nickel laterite stocks at smelters and ample NPI supply in the short term. Nickel prices and transactions have been in decline as a result of weak demand, in conjunction with well-stocked downstream stainless steel producers.…
Al Supply Short 590 kt in 2019
16/12/19 | Aluminium
China Nonferrous Metals News CNIA: China produced 29.24 mln t of primary aluminium during the first ten months of 2019, up 0.74% y-o-y. Mr. Wen Xianjun, Chief of CNIA forecasts domestic primary aluminium output to drop by 1.6% y-o-y to 36 mln t and domestic alumina output is projected…
