Tsingshan Group to Purchase Ni from LME
29/10/19 | Nickel
Shanghai Nonferrous Metals News 28 October, SMM: In anticipation of a shortfall in NPI supply at the beginning of 2020, China Tsingshan Group, the world’s largest stainless steel producer is currently seeking refined nickel supply from the market. This is the first time that Tsingshan Group has purchased a large…
MCC Restarts a NPI Smelter in Papua New Guinea
29/10/19 | Nickel
Alu News MCC (China Metallurgical Corporation of China) announced on Monday that its NPI smelters in Papua New Guinea had been restarted and had resumed normal operations after a short suspension. Last week, MCC received permission from the local government to restart the smelter with a gradual ramp up to…
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…
