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
Domestic Zn Output Growing Gradually
18/07/19 | Zinc
Shanghai Nonferrous Metals News Domestic refined zinc output has been rising gradually following the resumption of operations at large smelters, consequently driving up demand for zinc concentrates. Domestic zinc smelters have been keen to produce, with PCs (processing charges) for imported zinc concentrates stable at a historical high point, boosting…
Guangxi Xinfa to Resume One 40 ktpy Al Production Line
17/07/19 | Aluminium
Asian Metal News Guangxi Xinfa is set to resume one aluminium production line in early August after closure for an overhaul. The 40 ktpy liquid aluminium production line was suspended for maintenance due to a leakage accident in late June. Maintenance is ongoing and scheduled for completion in early August,…
Xinhengfeng to Start 250 ktpy Primary Al Project by End-July
17/07/19 | Aluminium
Asian Metal News Xinhengfeng, East Hope’s primary aluminium smelter in Baotou IM, is set to bring its Phase II aluminium project (250 ktpy) and associated captive power plant (2 x 350 MW) online by end-July. Once the power plant is operational, the company’s electricity costs will be reduced to RMB…
Increased Margins for Al Smelters on Sliding Aa Prices
Shanghai Nonferrous Metals News SMM: As of 15th July, weighted averaged alumina prices in five major producing regions surveyed by SMM had fallen to RMB 2,582/t, continuing the downward trend begun in mid-June. According to SMM, actual transaction prices were even lower in the northern market, with the lowest point…
Domestic Mg Prices Stable in April
16/05/19 | Magnesium
China Nonferrous Metals News Domestic magnesium prices climbed by 12.68% on-year to average RMB 17,031/t in April, with magnesium prices averaging RMB 17,091/t during the first four months of 2019 up 13.24% on-year. Domestic magnesium transactions were flat in April, but tightening coal supply in Shaanxi and IM have buoyed…
Domestic Al Inventory Declines by 63 kt
16/05/19 | Aluminium
Shanghai Nonferrous Metals News 16 May: Total domestic aluminium inventory at China’s major store houses dropped by 63 kt from last Thursday to 1.346 mln t, including 270 kt in Shanghai, 483 kt in Wuxi, 286 kt in Nanhai, 114 kt in Hangzhou, 95 kt in Gongyi, 58 kt in…
NBS: Domestic Al Output at 2.92 mln t
15/05/19 | Aluminium
Cnal News 15th May, NBS: Domestic aluminium output rose by 3.9% on-year to 2.92 mln t in April 2019, with total primary aluminum output reaching 11.48 mln t during the first four months of 2019, up 4.1% on-year. Total output of the major ten kinds of nonferrous metals including copper,…
Domestic Aa Prices on the Rise
15/05/19 | Alumina
Cnal News Domestic alumina prices have recently been rising, as a consequence of environmental checks in Shanxi forcing suspensions at some local refineries. As of 13th May, domestic alumina quotations averaged RMB 2,803/t. Increasing alumina prices have leveraged up the production cost of primary aluminium – shoring up prices. Primary…