China September Bx Imports at 6.75 mln t
29/10/19 | Bauxite
China September Bx Imports at 6.75 mln t SMM News 27 October, SMM: China imported 6.75 mln t of bauxite in September down 21.86% m-o-m and down 2.08% y-o-y. China’s total bauxite imports during the first nine months of 2019 reached 78.13 mln t, up 26.79% y-o-y. Australian surpassed Guinea…
MIIT Set to Publish Revised ‘Al Industry Standards’
Cnal News The MIIT (Ministry of Industry and Information Technology) is set to publish a revision of the ‘Aluminium Industry Standards’. MIIT has put forward specific suggestions on the industry development as a whole including: 1. Development of the alumina industry 2. Industry threshold of aluminum industry and elimination of…
Domestic Mo Market Remains Weak
29/10/19 | Molybdenum
China Commodity Marketplace This week saw few quotations and transactions, with prices dropping slightly on-week in the domestic molybdenum concentrate market. Quotations for standard grade molybdenum concentrates stand at RMB 1,770~1,780/MTU and high-grade is at RMB 1,790~1,840/MTU. Domestic FeMo prices continued to fall following rapidly falling procurement prices of steel…
Domestic W Market Remains Stable
29/10/19 | Tungsten
China Commodity Marketplace The domestic tungsten market remains stable at present, with concentrate holders keen to sell but unwilling to take low-level offers. Mainstream wolframe (65% grade) quotations are at RMB 92,000~93,000/standard t; scheelite (65% grade) is at RMB 91,000~92,000/standard t and tungsten concentrates (50~55% grade) at RMB 89,000~91,000/standard t.…
Taixing Al and Mg Suspends 150 ktpy Aa Line
29/10/19 | Alumina
Asian Metal News Shanxi Xiaoyi Aluminium and Magnesium designed with 400 ktpy capacity, comprising a 150 ktpy and a 250 ktpy alumina production line. The 150 ktpy line has been suspended at the beginning of October 2019. The company’s daily output averages 500 t~600 t at present. The company produced…
Fushun Al Starts Carbon Anode Phase II
29/10/19 | Aluminium
Asian Metal News Fushun Aluminium started its 350 ktpy Phase II carbon anode project in September, having begun construction in April 2019. No tangible output is expected from Phase II in October and full capacity operation is not expected until early 2020. Designed with total 530 ktpy carbon anode capacity,…
Shandong: Differential Off-peak Operation Plan for 2019~2020 Winter
Sina News Shandong authorities recently published a differentiated off-peak operation plan for industrial producers in the province during 2019~2020 autumn and winter. The policy is applicable to industries including building materials, coking, alumina, primary aluminum, carbon, copper smelting, petrochemicals, coal fertilizers, iron, steel, and pharmaceutical and pesticide enterprises involved in…
High NPI Prices Stop Falling
25/10/19 | Nickel
Shanghai Nonferrous Metals News 24 October, SMM: Domestic high NPI prices stood at RMB 1,140~1,160/Ni unit, holding stable from the previous trade day. Domestic high NPI prices have been steady, propped by strong electrolytic nickel prices. Domestic NPI smelters are likely to hold firm on prices going forward, however, given…
Domestic Al Inventory Declines
25/10/19 | Aluminium
Cnal News 24 October: Total domestic aluminium inventory at China’s major store houses dropped by 34 kt from last Thursday to 882 kt, including 155 kt in Shanghai, 240 kt in Wuxi, 44 kt in Hangzhou, 64 kt in Gongyi, 297 kt in Nanhai, 52 kt in Tianjin, 7 kt…
