Large Jiangsu NPI Smelter Cuts Operations on Tight Electricity Supply
18/12/20 | Nickel
My Steel News A large Jiangsu NPI smelter has cut operations by running for only 16~20 hours per day due to the recent power supply restrictions. Consequently, the company’s December output is expected to drop by 15~20% m-o-m. During the first eleven months of 2020, the company typically ran at…
IM Tin Ore Production Drops in Winter
17/12/20 | Tin
Shanghai Nonferrous Metals News Several IM miners have opted to carry out maintenance or suspensions during the winter season, with cold weather restricting mining activities. IM Yinman Tin mine remains in normal operation at present, while Huanggang Tin mine will halt operations for maintenance from late December 2020 to mid-February…
JDC Suspends Moly Mining
14/12/20 | Molybdenum
Asian Metal News JDC Molybdenum (Jinduicheng), the second largest molybdenum miner in Henan suspended all mining activities on 11th December, and a schedule for resumption of production is yet to be announced. According to a company representative, the company was forced to halt molybdenum mining last Friday due to environmental…
TiO2 Pigment Prices up on Tight Supply
11/12/20
Shanghai Nonferrous Metals News Twenty domestic TiO2 pigment producers including Pangang Titanium, Haifengxin Chemical and CITIC Titanium raised their TiO2 pigment prices by RMB700~1,000/t on the domestic market and USD100~150/t on the export market on 1st December 2020. Following this move, four international producers including Chemours, Kronos, Tronox and Venator…
Domestic W Market Stable
10/12/20 | Tungsten
China Commodity Marketplace This week, boosted by rising long-term contract prices of large producers, the domestic tungsten market appeared positive with declining low-price level transactions. Mainstream wolframite (65% WO3) is being quoted at RMB85,000~86,000/t and scheelite (65% WO3) prices are RMB84,000~85,000/t and tungsten concentrate prices (50~55% WO3) are RMB81,000~84,000/t. The…
SMM: China Domestic Refined Tin – 13.94 kt in November
10/12/20 | Tin
Shanghai Nonferrous Metals News China produced 13.94 kt of refined tin in November 2020, down 5.75% m-o-m, a decline led by shrinking production from two large producers in southwestern China. Relocation of the Yunnan smelter is underway, but the new plant is not yet fully operational. The Guangxi smelter has…
Domestic Mg Prices Continue to Rise
08/12/20 | Magnesium
Shanghai Nonferrous Metals News Buoyed by surging FeSi prices, mainstream domestic magnesium transaction prices continued to rise, increasing by RMB500/t from last Friday to RMB14,600~14,700/t on Monday in Fugu Shaanxi, with some high level quotations at RMB15,000/t. FeSi prices surged after the announcement of a 3-month production cut period during…
Domestic Mg Prices on the Rise
07/12/20 | Magnesium
Asian Metal News Domestic magnesium prices lifted further this week driven by rising FeSi and coal prices. Mainstream magnesium prices are currently standing at RMB14,200~14,500/t, up by RMB200/t from last week. Most domestic magnesium smelters are intending to increase their quotes further and downstream buyers are adhering to their procurement…
Zhangyuan W Suspends APT Production
07/12/20 | Tungsten
Asian Metal News Jiangxi Zhangyuan Tungsten suspended APT production in mid-November in the wake of strong concentrate prices narrowing margins for APT producers. A date to resume operations has yet to be decided. According to a company representative; ‘We are working on long-term contracts and some APT tolling business at…
