Domestic Mg Prices on the Rise
15/12/21 | Magnesium
Asian Metal News Domestic magnesium prices trended up slightly by RMB1,000/t to RMB41,000~42,000/t on Tuesday, boosted by tighter supply caused by environmental audits underway in the major producing regions of Shaanxi and Ningxia. Industry commentators project domestic magnesium prices to keep steady or describe a slight uptick this week, given…
China Produces 744.2 kt of Mg from January to October 2021
14/12/21 | Magnesium
China Nonferrous Metals News CNIA: China produced 744.2 kt of primary magnesium from January to October 2021. Of the total, 455.7 kt was produced in Shaanxi, 162.3 kt in Shanxi, 38 kt in IM and 65 kt in other regions of China. During November, domestic magnesium prices hovered between RMB…
300 ktpy Chloride Process TIO2 Pigment Project for Panzhihua Quanrui
13/12/21
300 ktpy Chloride Process TIO2 Pigment Project for Panzhihua Quanrui China Nonferrous Metals News Backed by total investment of RMB 300 mln, Phase I (20 ktpy) of Panzhihua Quanrui’s 300 ktpy chloride process TIO2 project has come online recently. The whole project (300 ktpy) is expected to be operational by…
First Batch of Ni Matte Product from Tsingshan Indonesian Project
13/12/21 | Nickel
Fubao News Tsingshan Group began trial operations of its nickel matte project in Morowali Indonesia in July 2020. The technology had matured by end-2020 and has now reached a stage of stable operation. On 8th December 2021, the first batch of nickel matte (liquid) was produced at Tsingshan’s workshops, marking…
Upgrades for Approximately 4,000 Mg Reducing Retorts by 2025
09/12/21 | Magnesium
China Nonferrous Metals News The Ministry of Industry and Information Technology issued “14th Five Year Plan” for green industrial development recenlty. The document emphasizes upgrades and retrofits of retorts in magnesium smelting. It is expected that by end-2025, 4,000 magnesium reduction retorts will be upgraded to vertical retorts. In comparison…
Domestic Mg Prices Rebound
08/12/21 | Magnesium
Asian Metal News Domestic magnesium prices have been on the rise since last Friday, lifting by RMB1,500/t to the current level of RMB39,000~40,000/t. The improvement is led by increasing new orders after the announcement of the one-month environmental audits in Shaanxi. As most local Shaanxi magnesium smelters are declining spot…
2022 Indonesian NPI Production Expected to Grow by 32% Y-o-Y
07/12/21 | Nickel
Shanghai Nonferrous Metals News Boosted by soaring demand from stainless steel producers in both China and Indonesia, NPI supply has been tight since Q2 2021. Indonesian’s NPI production is expected to grow by 32% y-o-y to 1.16 mln t (in Ni metal) in 2022, and global NPI production is expected…
Domestic W Prices on the Decline
01/12/21 | Tungsten
China Commodity Market Place The domestic tungsten prices have been on the decline during November 2021. As of end-November, mainstream wolframite concentrate (65% WO3) prices had dropped to RMB105,000~107,000/t; scheelite concentrate (65% WO3) prices RMB104,000~106,000/t and tungsten concentrate (55% WO3) at RMB102,000~105,000/t. Following sliding prices for tungsten concentrates, caustic soda…
Domestic Mg Prices Slide
01/12/21 | Magnesium
Asian Metal News Domestic magnesium prices have been on the slide since Monday, falling by RMB1,000/t from last Friday and are sitting at RMB34,000~35,000/t ex-work by cash on Wednesday, 1st December. One smelter in northern China sold 200 t of magnesium at RMB35,000/t on Tuesday. According to a spokesman from…
