China Imports 6.48 mln t of Bx in October
18/12/19 | Bauxite
Alu News China imported 6.48 mln t of bauxite in October, down 4% m-o-m, a new monthly low for 2019. Bauxite imports from Guinea were only 1.66 mln t, down 7% m-o-m, a historic monthly low over the past two years. Imports from Australia lifted by 5% on-month to…
Domestic W Market Stagnates
17/12/19 | Tungsten
China Commodity Marketplace The domestic tungsten market stagnated last week, and it is unlikely to improve in the short-term. At present, raw materials holders are reluctant to sell at low prices and high-level quotations are being declined by buyers, resulting a stalemate. At present, wolframite (65% grade) mainstream quotations…
2019 Domestic Al Market: Weak Supply and Demand
17/12/19 | Aluminium
Cnal News Speaking at an industrial conference, Antaike analyst Ms. Wang Hongfei claimed that the 2019 domestic primary aluminium market has been weak on both supply and demand sides, with a sharper decline in supply expanding the supply shortfall during the year. Domestic primary aluminium smelters have seen soaring profit…
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 Ni Prices Continue to Fall
16/12/19 | Nickel
China Nonferrous Metals News Domestic nickel prices continue to fall in December, with increased nickel laterite stocks at smelters and ample NPI supply in the short term. Nickel prices and transactions have been in decline as a result of weak demand, in conjunction with well-stocked downstream stainless steel producers.…
Al Supply Short 590 kt in 2019
16/12/19 | Aluminium
China Nonferrous Metals News CNIA: China produced 29.24 mln t of primary aluminium during the first ten months of 2019, up 0.74% y-o-y. Mr. Wen Xianjun, Chief of CNIA forecasts domestic primary aluminium output to drop by 1.6% y-o-y to 36 mln t and domestic alumina output is projected…
Wenshan Al to Bring Al Project Online in Q2 2020
Asian Metal News Yunnan Wenshan Al is set to bring the 150 ktpy phase I of its aluminium project online in late March or early April 2020. Backed by total investment of RMB 4.2 bln and designed with 500 ktpy capacity, project construction began in March 2019 and…
Domestic Al Inventory Continue to Fall
13/12/19 | Aluminium
Shanghai Nonferrous Metals News 12th December: Total domestic aluminium inventory at China’s major store houses dropped by 57 kt from last Thursday to 648 kt, including 121 kt in Shanghai, 207 kt in Wuxi, 53 kt in Hangzhou, 36 kt in Gongyi, 155 kt in Nanhai, 52 kt in Tianjin,…
IM Mengtai: 250 kt of Primary Al in 2019
13/12/19 | Aluminium
Asian Metal News IM Mengtai aluminium smelter, designed with primary aluminium capacity of 450 ktpy, is set to produce 250 kt of primary aluminium in 2019. Mengtai restarted idled capacity in September and gradually ramped up to full operation in October. Prior to that the smelter was operating at only…