Operating Rates of Billets Made from Molten Aluminium Fell Slightly amid Weak ConsumptionSHANGHAI, July 13 (SMM) - According to SMM, the domestic operating rates of billets made from molten aluminium was 72.4%, down 0.23% from May. Although the operating rates in central China increased by 6.25%, the operating rates in north, south-west and north-west China fell intensively. Therefore, the overall operating rates fell slightly. In north China, due to the production suspension for maintenance, the monthly output fell sharply. Many enterprises in Gansu, Qinghai, Sichuan and other plac
Demand in Power Battery Market Recovered Palpably in June, and the Combined Output of Cathode ActiveSHANGHAI, July 12 (SMM) – On the supply side, the total output of CAMs (cathode active materials) increased palpably in June. As the impact of the current pandemic outbreak has gradually subsided, the demand in the terminals has recovered significantly. The supply chain as well as the production and sales of CAM manufacturers that were previously affected by the pandemic have also returned to normal. The output of the four major CAM varieties, except for LCO, all recorded a MoM growth of more t
SMM Data: China Stainless Steel Production to Decrease Further in July after Sharp Decline in JuneSHANGHAI, July 11 (SMM) – According to SMM survey, the domestic stainless steel output totalled 2.68 million mt in June, a drop of 6.08% month-on-month and 3.55% year-on-year. The output of the 200-series rose 6.32% YoY to 797,000 mt in June, that of the 300-series decreased 9.79% YoY to 1.35 million mt, and that of the 400-series dropped 0.79% YoY to 502,400 mt. In June, the supply decreased as expected. Steel mills took the initiative to destock. Spot stainless steel prices kept falling, while
Exclusive: China's nickel sulphate output decreased to 97,700 mt in MaySHANGHAI, Jun 9 (SMM) — Chinas output of nickel sulphate stood at 97,700 mt or 21,500 mt in metal content in May, down 5.82% from the previous month but up 128.57% year on year. Among them, the output of battery-grade nickel sulphate was 92,400 mt, and that of electroplating-grade nickel sulphate was 5,300 mt.The stocks of intermediate raw materials in the nickel sulphate smelters were limited in May, and the salt plants in south west regions even halted production. The overhaul of overseas MHP
Peru copper will restart production minmetals resources resumption once up 11%!Shares in Minmetals Resources (01208.HK) rose more than 11 percent as they resumed trading on Friday afternoon after being suspended at the end of May.