While daily crude steel production stood at 2 million tonnes in mid-October, a 1.25% decrease from the previous year according to data published by China’s Iron and Steel Association (CISA), overall production has remained relatively firm following a strong first half of 2023. With no clear indications of a rebound in downstream steel prices in […]
China’s premium for copper cathode imports increased after the country’s golden week holiday from September 29 to October, supported amid favorable import conditions, while the premium in the US copper market came under pressure due to excess supply, sources said
China’s granting of the first export licenses under its new controls on gallium and germanium, hafnium’s paused price increase and indium metal market fundamentals are likely to be topics of discussion throughout LME Week, which runs October 9-13
Spot trading in the copper concentrate market was inactive in the week to Friday September 29, with Chinese participants in holiday mode ahead of China’s weeklong break for the Mid-Autumn Festival and National Day (September 29-October 6)
Aluminium premiums in Asia and the United States were little changed in the week to Tuesday September 26, while premiums in Europe declined across the board
China’s aluminium industry can expect to see growing demand from the downstream packaging sector, Fastmarkets understands, after the government proposed to speed up the use of aluminium foil in food packaging
Chinese seaborne manganese ore prices fell during the week to Friday September 8, following significant depreciation of the Chinese yuan against the US dollar, which added to buyer-side cost pressures, sources said
European spot copper market participants noted challenging market conditions in the week to Tuesday, August 22, with financing costs and weak demand putting downward pressure on premiums
China’s automotive output and sales both fell in July, on a month-on-month and year-on-year basis, because of reduced seasonal demand in the summer season and the higher base in July 2022, the China Association of Automobile Manufacturers (CAAM) said this week
Prior to this year, Chinese imports had fallen steadily for more than a decade but now the market appears to be shifting