Domestic W Market Remains Steady
13/05/20 | Tungsten
China Commodity Marketplace Domestic tungsten miners continued to hold firm on prices this week with little interest of selling at low prices. Mainstream wolframite (65% WO3 grade) prices dropped to RMB 77,000~79,000/t, scheelite (65% WO3 grade) prices dropped to RMB 76,000~78,000/t and tungsten concentrates at (55% WO3 grade) were RMB…
Yunnan Shenhuo Starts Phase II 150 ktpy Primary Al Project
13/05/20 | Aluminium
Asian Metal News 13th May: Yunnan Shenhuo, designed with 450 ktpy of primary aluminium capacity, is set to power up its 150 ktpy Phase II by end-May, increasing total operational capacity to 300 ktpy. Yunnan Shenhuo’s Phase I (150 ktpy) project came fully online in early May, and is currently…
Bx from Turkish CTC Mining Arrives at Huanghua
13/05/20 | Bauxite
Cnal News 9th May: 170 kt of bauxite from Turkish CTC Mining loaded on a Cape-size vessel arrived at Huanghua port, China, marking the first bauxite shipment from CTC via a Cape-size vessel. A second shipment is scheduled to depart Turkey by end-May. The company exported approximately 280 kt of…
Domestic NPI Output of 38.4 kt in April
12/05/20 | Nickel
Shanghai Nonferrous Metals News China produced 38.4 kt of NPI in April, down 4.49% m-o-m and down 19.91% y-o-y. Of this figure, high-NPI output was 31.3 kt down 7.33% y-o-y and low-NPI output was 7.1 kt, up 10.46%. Some large high-NPI smelters partially suspended operations due to shrinking nickel laterite…
Domestic Mg Prices at RMB13,200/t, Transactions Few
12/05/20 | Magnesium
Shanghai Nonferrous Metals News SMM: Mainstream transaction prices of magnesium ingot (99.9% grade) were between RMB13,200~13,300/t in Fugu Shaanxi and RMB13,500~13,600/t in Wenxi Shanxi, the same as last week. With the impact of COVID-19 continuing outside of China, exports of magnesium products, including ingots, powder and alloys have contracted rapidly…
SMM: Domestic Primary Al Inventory Edges down
12/05/20 | Aluminium
Shanghai Nonferrous Metals News 11th May 2020: Total domestic aluminium inventory at China’s major store houses dropped by 70 kt from last Thursday to 1.1 mln t, including 143 kt in Shanghai, 469 kt in Wuxi, 113 kt in Hangzhou, 69 kt in Gongyi, 232 kt in Nanhai, 56 kt…
Luyu Bochuang Aa to Postpone Phase II Construction to 2021
12/05/20 | Alumina
Asian Metal News Shandong Luyu Bochuang alumina refinery originally planned to start construction of a second 800 ktpy alumina production line in June 2020 in addition to its existing 600 ktpy line. The plan has been postponed until 2021. According to an internal source, the reason for the delay is…
Guangxi Huasheng: Phase I Aa Project Progressing
11/05/20 | Alumina
Cnal News Guangxi Huasheng, designed with alumina (SGA) capacity of 4 mtpy, is a new alumina refinery under the Chalco Group, located at Fangchenggang Port, Guangxi. Phase I of the project, designed with 2 mtpy capacity, comprises two alumina production lines of 1 mtpy each which began construction in November…
Kaiman Resumes Full Operation of Aa
11/05/20 | Alumina
Asian Metal News 11 May: Henan Kaiman, designed with 2.2 mtpy alumina capacity resumed full capacity operations in late April, seeing output up by 20 kt from that in March. In the wake of falling bauxite prices and rising alumina prices, the company resumed full operations in late April, increasing…
