China insight
Global production and usage of molybdenum falls in Q1 2023
Global production and usage of molybdenum falls in Q1 2023 |
Ternium restarts Mexico mine operations after hiatus when activists disappeared
Steelmaker Ternium said on Wednesday it had resumed operations at an iron-ore mine in Mexico after a more than five-month hiatus sparked by clashes between the firm and local community over the disappearance of two environmental activists. |
How China Came to Dominate the World’s Largest Nickel Source for Electric Cars
Chinese firms mastered a process that unlocked Indonesia’s ore for use in making EV batteries.Across the Indonesian archipelago, new industrial plants are going up to process chunks of nickel ore for use in electric-car batteries. Five years ago, there were n... |
Odisha announces new long-term linkage policies for certain minerals
The Odisha government will offer long term ore linkage for iron ore, chrome, bauxite and limestone, mined and produced by the Odisha Mineral Corporation (OMC). The ore linkage will be for investors or companies that sets up end-use plants (greenfield/expansion... |
Firms set to benefit from chrome ore export exemption
Government has exempted the ban on the export of chrome ores for some firms in a move designed to allow them to raise the necessary capital to complete the construction and expansion of furnace, processing facilities and upgrade key mining technology. |
Steel prices are expected to rise
Steel prices are expected to rise again soon. |
Ferro-alloys futures a hedging tool for steelmakers
With the rapid development of ferro-alloys futures trading, Chinese steelmakers are increasingly using the newly-introduced futures-spot basis pricing pattern to hedge risk, according to Hao Zhu. |
Concentration ratio of Chinese ferro-alloys may continue to rise: Shi
Inner Mongolia is by far the biggest in terms of market share in the first four months of 2023, with 36.34%, while Ningxia was second on 12.24%. |
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