“We see infrastructure for instance is still growing strongly in China,” he said, adding that manufacturing is also “performing pretty well in China”.

It reiterated its latest guidance to close the deal by year-end, pending US approvals.

With efforts from both sides, the factory gradually emerged from its crisis.

Merafe Resources has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the first quarter ended March 31 was 77 000 t.

Russian metals giant Nornickel, the world’s largest palladium producer and a major producer of high-grade nickel, cut nickel production by 10% year on year in the first quarter to 42,000 metric tons, the company said on Monday.

Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the third quarter of the company’s 2024 financial year.

Construction on a zero-carbon steel plate factory began Thursday in the port city of Zhanjiang, a production base in Guangdong's Leizhou Peninsula.

Rio Tinto releases first quarter production results.