Zn Smelters under Pressure from Low Prices
02/03/20 | Zinc
Shanghai Nonferrous Metals News Domestic zinc miners have been slow to resume operations due to weak prices. A few small-medium miners have decided to postpone their resumption plans and some already in loss have swapped from mining to exploration, further tightening domestic supply. On the supply side, an…
Domestic Refined Zn Output to Drop in Feb.
21/02/20 | Zinc
Shanghai Nonferrous Metals News Domestic zinc smelters have enjoyed profit margins of RMB1,000~1,500/t recently, thanks to relatively high PC charges at RMB6,000~6,500/t for zinc concentrates (50% grade). Boosted by high margins, large zinc smelters have been operating at full during the CNY holiday period, with stocks mounting after the…
Henan Yuguang Halves Zn Output for Feb.
14/02/20 | Zinc
Shanghai Nonferrous Metals News Shrinking downstream demand in conjunction with restricted logistics as a result of the NCP epidemic has driven up stocks of sulphuric acid at Henan Yuguang Gold and Lead, a major lead and zinc producer in central China. Consequently, the company announced that it will cut…
China January Refined Zn Output 534.5 kt
13/02/20 | Zinc
Shanghai Nonferrous Metals News SMM: China produced 534.5 kt of refined zinc in January 2020, down 0.47% m-o-m, but up 23.1% y-o-y. During the Chinese New Year holiday in January, several smelters ran maintenance, some small-medium smelters in Hunan suspended operations, and some large smelters continued operating as normal. In…
2019 Domestic Zn Output Grows by 503.7 kt
17/01/20 | Zinc
Shanghai Nonferrous Metals News Domestic zinc ore output is expected to grow moderately by approximately 100 kt in 2019, coming mainly from IM and Guangxi, due to intensifying environmental policies. Growth in zinc ore output is expected to slow during 2020, after delays in resumptions and new startup plans. Furthermore,…
SMM: China December Refined Zn Output at 537 kt
10/01/20 | Zinc
Shanghai Nonferrous Metals News Chia produced 537 kt of refined zinc in December 2019, up 1.18% m-o-m and up 19.76% y-o-y. Most domestic smelters had been running at full capacity driven by high profits during December while some were still on regular maintenance such as Luopig Zinc and Electricity in…
Gansu Changba to Restart 100 ktpy Zn Smelter in Feb. 2020
09/01/20 | Zinc
Alu News Chengzhou Zinc Smelter, part of Gansu Changba Nonferrous Metals Co., Ltd. suspended its 100 ktpy zinc production line and began rectifications in late May 2019 after an SIO2 emission accident. The smelter is set to resume normal operations on 25th February 2020. The smelter typically produces zinc ingots…
Domestic Zn Concentrate Production in Decline
16/12/19 | Zinc
Shanghai Nonferrous Metals News SMM: China produced 342.5 kt of zinc concentrates in November 2019, down 2.1% m-o-m and down 8.1% y-o-y, represented by an operational rate of 74.9%. China’s zinc concentrate output during the first 11 months of 2019 reached 3.58 mln t, down 5.8% y-o-y. Several large zinc…
Domestic Zn Ingot Output on the Rise
18/11/19 | Zinc
Alu News Domestic zinc ingot output is expected to rise in Q4 2019 exceeding 500 kt thanks to most smelters resuming operations after carrying out maintenance since August. According to industry analysts, the operational rate of local smelters reached approximately 84% in September, with growth coming from Xing’an Copper and…