Domestic W Market Stable at Low-end
23/07/19 | Tungsten
China Commodity Marketplace The domestic tungsten market has been stable at low levels recently. Upward momentum in tungsten prices has been slow after reaching bottom and consolidating at the low-end. Meanwhile, miners are showing a tendency to hold firm on prices, represented by declining transactions at low-price levels. At present,…
Domestic Al Inventory Edges up Slightly
23/07/19 | Aluminium
Shanghai Nonferrous Metals News 22nd July: The total domestic aluminium inventory in China’s major store houses lifted slightly by 5 kt to 1.047 kt, including 200 kt in Shanghai, 318 kt in Wuxi, 269 kt in Nanhai, 65 kt in Hangzhou, 104 kt in Gongyi, 53 kt in Tianjin, 23…
Improved Margins for Al Smelters on Falling Aa Prices
Cnal News Yide Futures’ recent research on aluminium smelters in IM revealed that some new primary aluminium capacity is still available in IM, but is unlikely to come online in 2019 due to lack of operational quotas. According to Yide Futures, domestic aluminium supply will continue to grow – albeit…
East Hope’s Two LT Aa Production Lines Operating Well
23/07/19 | Alumina
Asian Metal News East Hope Sanmenxia completed technology upgrades on two of its alumina lines in early June, adding two LT production lines to the existing two HT production lines after the digestion process, increasing its capacity from 2.5 mtpy to 2.8 mtpy. The company originally had five HT alumina…
Chalco Huarun: 125 ktpy Primary Al Project Online
23/07/19 | Aluminium
Asian Metal News Shanxi Chalco Huarun, designed with 500 ktpy of primary aluminium capacity brought its phase II 125 ktpy primary aluminum project online last week. The company has been operating at 125 ktpy capacity over the past six months and originally planned to start phase II of 125…
Chongqing Shuijiang Aa Refinery Suspends Production Line
19/07/19 | Alumina
Asian Metal News Chongqing Shuijiang alumina refinery suspended one alumina production line last week. The company has designed alumina capacity of 800 ktpy, with two production lines of 400 ktpy each. According to a company representative, production costs are presently approximately RMB 2,600/t. With alumina prices sitting lower than production…
Domestic Refined Tin Output at 75 kt in H1 2019
18/07/19 | Tin
Shanghai Nonferrous Metals News ITA: China remains the world’s largest refined tin producer with output of 75 kt in H1 2019, down 10% on-year. According to ITA surveys of 15 tin smelters in China, total June output was 12.5 kt, down 9% on-month and down 9% on-year respectively. The decline…
Construction of Large Pb/Zn Mine Begins in Jiangxi
18/07/19 | Zinc
Shanghai Nonferrous Metals New The Yinzhushan lead and zinc mine in the Lengshuikeng mining area, Guixi, Jiangxi Province, (under an EPC contract with China Nerin Engineering Co., Ltd.) has moved to the full construction stage. The mine has been designed with underground lead and zinc mining capacity of 1…
Domestic NPI Output Increases in June
18/07/19 | Nickel
Shanghai Nonferrous Metals News SMM: China produced 49.5 kt of NPI in June, up 3.44% on-month and up 51.93% on-year. With new domestic NPI capacity coming online gradually, output is expected to increase rapidly, weighing on nickel prices in the near- term. Read More