- Base Metals
- Minor Metals
- Precious Metals
- Scrap Metals
- Steel
- New Energy
- Rare Earth
China's Exports of Manganese Products up 101.96% YoY
China’s total exports of wrought manganese, manganese products, unwrought manganese and scrap materials and powder stood at 51,958.18 mt in June, up 70.96% month on month and 101.96% year on year, according to SMM statistics.
Ulan Qab Saw Large Scale Production Suspension of Ferrochrome Last week
Almost all medium-sized ferrochrome plants in Ulan Qab suspended production last week. Individual producers are scheduling maintenance even with stable production.
Crude Steel Production Reduction and Off Season Effect Depressing Demand, Iron Ore Trending Down?
Data showed that the iron ore arrivals at port last week (7.18-7.24) were expected to be 1,198 mt, down 650,000 mt from the previous week and down 2.98 million from same period last year, according to SMM. Imported iron ore arrivals have fallen for three consecutive weeks, offering some support to iron ore prices.
Data: SHFE, DCE market movement (Jul 28)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on July 28, 2021
Manganese Prices Soared amid Power and Production Restrictions in South China
Spot manganese factory prices after tax in leading production locations fluctuated between 22400-22500 yuan/mt today, an increase of 1100 yuan/mt from yesterday.
SMM has more than 50 professional industry analysts in copper, aluminum, lead, zinc, nickel, tin and minor metals, and are committed to providing in-depth, professional, as well as timely reports and research.
Besides, over 80 steel professionals engaged in China's steel industry. They have been working on the weekly report China Steel Briefing, the monthly report China Steel PMI-Monthly, a survey of steel downstream.
