Yunnan Yunfan Tin Resumes Production
20/07/20 | Tin
Asian Metal News Yunnan Yunfan Tin smelter in Gejiu, Yunnan resumed operations this week after one month of maintenance. The company is running three EFs at present and is looking to produce 500 t of 99.95% tin ingot per month. Designed with 10 kt of tin capacity, the company has…
Domestic Mg Prices under Pressure
20/07/20 | Magnesium
Shanghai Nonferrous Metals News As of end-June, domestic magnesium smelters increased magnesium prices driven by rising coal and FeSi prices. Raising prices stimulated demand and increased short-term transactions, but amid an overall bleak market, growth is limited. SMM analysts take the view that the impact of COVID-19 across the world…
MNR: 2020 Production Quota for REs and W Ore
16/07/20 | Tungsten
Ministry of Natural Resources 15 July: MNR (Ministry of Natural Resources) and MIIT(Ministry of Industrial and Information Technology) has published the overall rare earth and tungsten mining quotas for 2020. In 2020, the government will continue to focus on control of rare earths and tungsten mining volumes. The 2020 rare…
Domestic Mg Prices Fall
14/07/20 | Magnesium
China Nonferrous Metals News 10 July: Mainstream magnesium transaction prices were RMB12,900/t in Fugu Shaanxi and RMB13,200/t in in Wenxi Shanxi, falling by RMB100/t from last Friday. Domestic magnesium prices have fallen to a low point of under RMB 13,000/t once more after slumping in April. Domestic magnesium smelters are…
Domestic W Concentrate Supply Tightens
13/07/20 | Tungsten
China Commodity Marketplace This week, the domestic tungsten market remained flat, with stable long-term contract prices from large producers. Domestic tungsten concentrate holders were reluctant to sell at low prices, seeing concentrate prices holding firm during the week. Heavy rainfall in Hunan and Hubei interrupted mining operations and contracted production.…
Domestic NPI Output of 44.6 kt in June
10/07/20 | Nickel
Shanghai Nonferrous Metals News China produced 44.6 kt of NPI (in Ni metal) in June, up slightly by 0.81% m-o-m but down 9.85% y-o-y. Some new high-NPI capacity came online in June while some high-cost NPI smelters suspended operations or changed to production of other alloys. SMM forecast domestic NPI…
Domestic Refined Zn Output at 465.4 kt
08/07/20 | Zinc
Shanghai Nonferrous Metals News China produced 465.4 kt of refined zinc in June, down 1.85% m-o-m and down 5.77% y-o-y. China’s total refined zinc output amounted to 2.87 mln t in H1 2020. Some smelters in Shaanxi, Hunan and Anhui ran maintenance as planned in June while a number of…
China Tungsten Hitech Materials: Q1 2020 Output Rises
06/07/20 | Tungsten
Shanghai Nonferrous Metals News China Tungsten Hitech Materials’ tungsten concentrate output grew by 5% y-o-y in Q1 2020, marking a record high point. Its APT output lifted by 26.4% y-o-y and carbide alloy output climbed by 1.93% y-o-y during Q1 2020 increasing the company’s overall profit by 102.59% y-o-y. Source
China’s Tungsten Export Volume and Price Falls
03/07/20 | Tungsten
Shanghai Nonferrous Metals News China Tungsten Association: China exported 1,456 t of tungsten products (in metal, excluding alloy products) in May 2020 down by 18.83% y-o-y; with a total value of USD48.81 mln, down by 21.25% y-o-y. China exported a total of 7,807 t tungsten products, and the total export…
