China's steel sector is currently locked in a struggle between largely bearish longer-term structural factors and short-term cyclical influences, some of which are bullish.
China Mining News
New report shows in January 2019, the Chinese market saw 253% more nickel deployed in passenger EV batteries compared to a year ago.
Inventories are down 55% this year and are on course to reach levels last seen in 1990.
This is the sixth round of sanctions since January by the U.S., which is seeking to wrest power and the military’s loyalty away from Maduro.
The most-traded iron ore contract for May delivery on the Dalian Commodity Exchange closed up 0.2% at $94.66 a tonne.
Nickel Asia accounts for about half of the nickel ore output in the world's second-biggest supplier of the metal.
Alrosa will assess Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project.
Chinese coal traders are reported to have cut back on buying from Australia after the length of time taken by customs to clear cargoes reportedly doubled.
Miner has hit back at a push to make it more accountable for carbon emissions produced by its customers, including Chinese steel makers.
Output reached 1.34 million tonnes, the National Bureau of Statistics said on Friday.
Intergeo, a part of Onexim Group, is developing Russia's second largest nickel deposit and one of Russia's top-5 copper reserves.
For least seven key rare earths - including praseodymium, used in magnets, and yttrium, used in ceramics - China was a net importer in 2018 for the first time in more than 30 years.
Producing a single metric ton of steel in a blast furnace typically releases around 2.3 tons of carbon dioxide, not much less than you’d get from burning a ton of thermal coal for energy.
Miners wishing to resume operations or start new ones must conduct a study on the environmental impact of their activities before receiving licences.
More certainty is needed on the demand outlook before prices can lock in a definitive direction.
For years, such enterprises have survived on bank loans and local government backing, robbing more deserving companies of financial resources that could have otherwise contributed to local growth.
The steel and alumina contracts have the best chance of succeeding, according to analysts, traders and other industry sources.
The drop in futures mirrored weakness that has prevailed in the physical market since last week, as steel mills reduced output to comply with anti-smog measures.
President Donald Trump took a victory lap on Twitter Friday, saying aluminum prices are down about 12% since his tariffs were implemented.
Physical gold demand picked up pace in major Asian hubs this week, with bullion being sold at a premium for the first time in more than three months in India.
The world’s No.3 producer of the metal used in electric vehicle batteries said the candidates will be “fair” and “responsible toward shareholders”.
Smelter expansions have increased demand and competition for copper concentrate in China with imports nearing 2m tonnes in February.
Research by the Massachusetts Institute of Technology (MIT) projected that tin could be the metal with the most to gain.
The level 1 alert, the highest in China's four-tier pollution warning system, has been in place since March 1 and requires steel mills to curb output by 40%-70%.
Comments came after Reuters reported that Chinese customs authorities had stepped up environment and safety checks on foreign cargoes