State Council: Tariff Changes for Some Iron and Steel Products
30/04/21
China Mining News The Tariff Commission of the State Council has announced tariff changes to some iron and steel products effective 1st May 2021. A temporary import tariff of “0” will be imposed on products such as pig iron, crude steel, recycled iron/steel raw materials, FeCr and other related products.…
Shaanxi: Strict Control of Hi-energy Consumption Projects Focuses on Coal
29/04/21
Asian Metal News The local authority of Shaanxi recently announced that in view of carbon peak requirements of 2030, the local government will continue to rein in hi-energy consumption projects – particularly coal related projects. Some small thermal-power generators, small semi-coke projects and small coal chemical project will be gradually…
JXTC Ganzhou FeW Smelter to Halt Operations
27/04/21 | Tungsten
JXTC Ganzhou FeW Smelter to Halt Operations Asian Metal News JXTC Ganzhou FeW Alloy, the largest FeW smelter in China is set to halt operations and carry out maintenance for a month starting from early May 2021. The company produced 380 t of FeW in April, and aims to resume…
Domestic W Prices Rebound Slightly
23/04/21 | Tungsten
China Commodity Marketplace Domestic tungsten concentrate prices have been on a steady upward trend, approaching RMB10,000/t this week. Mainstream wolframite (65% WO3) is being quoted at RMB97,000~99,000/t, scheelite (65% WO3) prices are RMB96,000~98,000/t and tungsten concentrate prices (50~55% WO3) are RMB94,000~96,000/t. The domestic APT market continues strong, with mainstream prices…
IM Heyi Restarts two NPI Lines after Maintenance
23/04/21 | Nickel
Asian Metal News IM Heyi, a major NPI smelter (10% Ni) in IM, is set to restart two production lines next week after completing maintenance. According to an internal source, the company expects to increase its NPI output by 4 kt in May after the restart. Designed with NPI production…
China Imports 1.77 mln t of Ni Laterite in March 2021
22/04/21 | Nickel
Shanghai Nonferrous Metals News SMM: Shanghai imported 1.84 mln t (DMT and WMT combined) of nickel ore in March 2021, up 24.6% m-o-m and up 27.2% y-o-y. Of this figure, 1.77 mln t was nickel laterite and 68.7 kt was nickel sulfide. Nickel laterite imports from the Philippines was 1.67…
Domestic Mg Prices Continue to Rise
22/04/21 | Magnesium
Shanghai Nonferrous Metals News 22 April 2021: Domestic magnesium prices have continued on an upward trend for six days and reached RMB16,500/t; domestic magnesium smelters are holding firm on prices due to low inventories. However, downstream users have been cautious in placing new orders in the wake of rising prices.…
Tailings Dam Leak at a IM Moly Mine
20/04/21 | Molybdenum
Asian Metal News 16th April 2021: The Xishadegai Molybdenum Industry Co., Ltd at Wulat Front Banner IM reported a tailings leak accident. The leak is now under control, there were no casualties, but the cause of the accident is still under investigation. Source
Jiangxi Zhili Li Tech: 30 ktpy Li Iron Phosphate Expansion
19/04/21 | EV
Shanghai Nonferrous Metals News Jiangxi Zhili Technology Co., Ltd. has been engaged in LiFePO4 material development since its establishment in 2015. The company is now working to expand its capacity from 2 ktpy to 30 ktpy by May/June 2021. Source