China Produced 69 kt of Mg Ingot in May
07/06/21 | Magnesium
Shanghai Nonferrous Metals News SMM: China produced 69.4 kt of magnesium ingot in May 2021, down by 4.11% m-o-m but up by 9.24% y-o-y. China produced 320 kt of primary magnesium during the first five months of 2021, up by 7.59% y-o-y. Source
Domestic Mg Prices Rebound
03/06/21 | Magnesium
Shanghai Nonferrous Metals News Primary magnesium smelters in Fugu Shaanxi raised their quotes to RMB18,000~18,200/t recently, but no transactions were concluded at RMB18,000/t levels. Some local smelters reported increased quotations today. Buoyed by rising FeSi prices and limited stocks, smelters are keen to prop prices this week, resulting in a…
MEE: Stricter Approval of High Energy Consumption/Emission Projects
01/06/21
Cnal News MEE, the Ministry of Ecology and Environmental Protection has just published “Guidance on Strengthening the Approval of High Energy Consumption/Emission Projects from the Source”, emphasizing stricter criteria for approvals of high energy consumption/emission projects. According to the document, petrochemical and modern coal chemical projects should be included in…
China Exports 7,302 t of W and Products from January to April 2021
28/05/21 | Tungsten
China Commodity Marketplace China Customs: China exported 7,302 t (in W metal, with mixed materials) of tungsten and products during the first four months of 2021, up by 13.4% from 6,437 t y-o-y but down by 4.9% from 7,679 t during the same period in 2019. China exported 879 t…
Domestic W Prices Remain Firm
28/05/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices remained stable this week, with fewer transactions at low prices. Mainstream wolframite (65% WO3) is being quoted at RMB96,000 ~ 98,000/t, scheelite (65% WO3) prices are at RMB95,000 ~ 97,000/t and prices for tungsten concentrate (50 ~ 55% WO3) are between RMB93,000~95,000/t. Mainstream…
Domestic Mg Price Fall Rapidly
26/05/21 | Magnesium
China Nonferrous Metals News As of 21st May, mainstream magnesium ingot prices (99.9% grade) were being quoted at RMB18,000~18,500/t, with transaction prices sitting at RMB18,000/t. In Wenxi, Shanxi, magnesium prices were being quoted at RMB18,200/t, falling rapidly by RMB3,500/t in a week. With declining coal prices, domestic magnesium prices are…
China’s Li Carbonate Production Dropped in April
25/05/21 | EV
Asian Metal News China produced 2,620 t of lithium carbonate (industrial grade) in April, down by 8.07% m-o-m and down by 1.13% y-o-y respectively. China produced 9,950 t of lithium carbonate (industrial grade) during the first four months of 2021, up by 10.56% y-o-y from 9,000 t in 2020. Source
Domestic W Prices Remain Firm
25/05/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices remained stable this week, with fewer transactions at low prices. Mainstream wolframite (65% WO3) is being quoted at RMB96,000 ~ 98,000/t, scheelite (65% WO3) prices are at RMB95,000 ~ 97,000/t and prices for tungsten concentrate (50 ~ 55% WO3) are between RMB93,000~95,000/t. Mainstream…
IM Heyi Increases NPI Production
21/05/21 | Nickel
Asian Metal News IM Heyi, a major NPI smelter (10% Ni) in IM, restarted one NPI production line in early May after completing maintenance begun in January 2021. According to an internal source, the company expects to increase its NPI output to 8 kt in May. The company has been…
