Global steel prices on the up since early August
Buoyed by post COVID19 sharp recovery in steel demand, especially in China, resulting in super high seaborne iron ore prices,
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China
China automobile industry suffers from C-19 impact
The China Passenger Car Association has reported that passenger vehicle sales, referring to cars, MPVs, SUVs and minibus, in China
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AVZ Signs First Lithium Offtake Agreement with GFL International
AVZ Minerals Limited has secured a strategic, long-term offtake partner with GFL International Co., a subsidiary of China’s largest lithium
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China Baowu Steel ranks world’s No 1 steelmaker
China’s top steel maker China Baowu Steel Group, after a series of mergers and acquisitions since 2016, celebrated its 2020
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Roskill: Tantalum market poised for recovery
According to Roskill, tantalum was somewhat protected from the worst effects of COVID-19 early on in 2020, with a supply
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China strengthens its commitment to hydrogen
China’s next five-year plan for economic development, for the years 2021-2025, is due to be unveiled in March. The plan
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Iron ore starts new year with a leap
Iron ore begins new year with a bang as Chinese crude steel output is expected to top one billion tonnes
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China to overtake US economy by 2028
China will overtake the US to become the world’s biggest economy by 2028, five years earlier than previously forecast, due
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Lonely manufacturer of spherical graphite outside China
As already reported, Syrah Resources has gone further than any graphite developer outside China in its attempt to develop an
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Two specialty steel grinders in operation at Jiangsu Shagang
Danieli Centro Maskin has successfully commissioned two billet-grinding units for Jiangsu Shagang Group, in Zhangjiagang, China. The plant processes square
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GEM Co. and Glencore extend their long-term cobalt partnership
Glencore and China’s GEM Co. have announced that they have extended their partnership for the supply of cobalt hydroxide by
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BHP joins the race to develop hydrogen steelmaking
PERTH, AUSTRALIA – BHP has signed a memorandum of understanding (MOU) with world leading steel producer, China Baowu, with the
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Nickel rallies amid Chinese stainless steel recovery
Nickel, like most commodities in 2020 has been heavily impacted by the COVID-19 pandemic and subsequent lockdown measures. According to
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Ghana to impose duties on aluminium from China
Ghana International Trade Commission has ruled that aluminium coils and circles from China are being dumped onto the Ghanaian domestic
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worldsteel releases more optimistic outlook for steel
The World Steel Association (worldsteel) yesterday released an update to its Short Range Outlook (SRO) for 2020 and 2021. This
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Coke maker relies on Paul Wurth technology
Paul Wurth has been awarded orders for the supply of engineering and SOPRECO® Single Oven Pressure Control Systems for two top
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China eliminates illegal induction steel capacities
China has reportedly made many efforts to close illegal induction furnace (IF) steelmaking capacity. According to the definition used by
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Space miner to launch robot for asteroid exploration
A Chinese junior space miner is planning to launch the first space mining robot in November this year. Origin Space,
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Global economy to shrink by 4.5% this year
After crumpling in the first half of 2020, global economy is recovering following the easing of COVID-19 lockdowns and the
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Ferrochrome suffers due to production cuts in stainless steel
COVID-19 related government-imposed lockdowns in key global stainless steel producing regions during the first half of the year (H1 2020), resulted in production
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World’s First Pilot Low Emission Pelletizing Project
The Low Pelletizing Low-Pollutant Emission Technology Pilot Project has been launched by HBIS in China. The so-called Embedded SNCR +
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Reopening of Chinese economy boosts copper demand
Having started the year at USD 6,200 per tonne, copper price was hammered by coronavirus crisis in 1Q2020. By the
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New coal-fired power plant proposals accelerate
After years of the government putting the brakes on the amount of coal power generation plants newly proposed and permitted
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FeCr production suffers due to unrestricted exports of chrome ore
The increasing and unrestricted exports of chrome ore from South Africa is contributing to the displacement of ferrochrome volumes from
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Rare Earth Metals: Australia to curb Chinese dominance
Chinese authorities have hinted that they may use their dominant position as a supplier of rare earths and associated manufactured
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