Domestic Mo Prices Surge
18/10/22 | Molybdenum
China Commodity Marketplace Mainstream molybdenum concentrate prices rose by RMB 20/mtu to RMB 3,320~3,330/mtu for standard grade and RMB 3,340~3,380/mtu for high grade concentrates. Domestic molybdenum prices have surged to a 14 year high point, and are expected to hold steady at high levels over the short term. Mainstream domestic…
Domestic Mg Prices Trend Down Slightly
18/10/22 | Magnesium
Asian Metal News The domestic magnesium market has been flat recently with slowing transactions and declining prices. Mainstream transaction prices dropped by RMB 100/t from last Friday to RMB 24,800~25,100/t today with smelters having to compromise on prices to facilitate sales. In view of continuing sluggish demand and smelters’ increasing…
China September NPI Production: 81.6 kt
17/10/22 | Nickel
Shanghai Nonferrous Metals News China produced 31.5 kt of NPI (in Ni metal) in September 2022, up by 6.67% m-o-m and up by 2.53% y-o-y. The demand for NPI increased rapidly led by increasing orders from stainless steel mills in the wake of rising prices of stainless steel. High-NPI production…
Domestic Mg Prices Stable
17/10/22 | Magnesium
Asian Metal News Mainstream magnesium prices currently stand stable at RMB 24,900~25,200/t, up by RMB 200/t from last Friday following increased FeSi prices and smelters’ strong will to prop prices. In anticipation of strong raw material prices and relatively stable demand, industry commentators forecast domestic magnesium prices to continue firm…
China September Mg Production: 81.6 kt
17/10/22 | Magnesium
Shanghai Nonferrous Metals News China produced 81.6 kt of primary aluminium in September 2022, up by 10.57% m-o-m and up by 62.07% y-o-y. China’s total magnesium production during the first nine months of 2022 reached 728.8 kt, up by 28.15% y-o-y. SMM data shows that monthly magnesium production in September…
Domestic Mg Prices Climb
13/10/22 | Magnesium
Asian Metal News Domestic magnesium prices climbed slightly this week to RMB 24,9000~25,200/t ex-work by cash and up slightly by RMB 200/t from last Friday driven by rising coal prices, slower logistics of FeSi in IM caused by increasing COVID numbers and steady demand after the holiday. Industry commentators forecast…
LoMo and Billions Raises TiO2 Pigment Prices
29/09/22
Shanghai Nonferrous Metals News 29th September: LoMo and Billion announced that two of its subordinates, Yunnan Guotai Metal Co., Ltd. and Gansu Detong Guotai Metal Co., Ltd. are to raise the sales prices of TiO2 pigment by RMB 2,000/t (with taxes) from the current level, with effect from today.
Shanxi New Energy Mg Resumes Operations
28/09/22 | Magnesium
Asian Metal News Shanxi New Energy Magnesium smelter suspended operations for maintenance in early September and restarted operations on 27th September. The company intends to produce 20 t of magnesium per day with total September output at 200 t, down by 400 t m-o-m. Designed with 15 ktpy magnesium smelting…
China Imports 4.34 mln t of Ni Laterite and 655 kt of NPI in August
22/09/22 | Nickel
Shanghai Nonferrous Metals News China imported 4.34 mln t of nickel laterite in August 2022, down by 1.52% m-o-m and down by 24.92% y-o-y. The decline can be attributed to production cuts by domestic China NPI smelters led by falling NPI prices in the recent three months. China imported 655…
