Source: Ministry of Industry and Information Technology of China Steady growth in production. According to the National Bureau of Statistics data, from January-September, China produced 58.84 million tons of alumina, 29.15 million tons of electrolytic aluminum ingot and 44.78 million tons of aluminum finished products. which represents increase of 7.6% for alumina, 7.2% for aluminum … Read more
Analysts said that rising energy costs and widespread production reduction by aluminum smelters are expected to maintain high aluminum prices next year. At the same time, the overall aluminum price is expected to be at $2,450 per ton this year and $2,300 per ton in 2022. In the third quarter of this year, due to … Read more
Firstly, a summary of events On March 1, 2018, then-President Trump imposed the long-abandoned Section 232 tariffs on steel imports from the EU and China and 10% on aluminum imports, citing national security concerns. On June 1, the U.S. formally imposed tariffs on steel and aluminum imports from the EU, and the EU implemented countermeasures … Read more
Author: Wang Rong As early as 2016, after the transfer of domestic electrolytic aluminum production capacity to traditional low-cost thermal power production areas reached its peak, Yunnan has already become a battleground for new electrolytic aluminum production capacity by virtue of its hydropower advantages. Major aluminum companies have brought indicators to Yunnan. Structure the pattern … Read more
Author: Jin Rui At the beginning of this year, the macro side promoted the first wave of copper prices. Due to the easing of overseas monetary and fiscal policies, inflation was stronger than expected. The global vaccination is progressing smoothly, and the time when the overseas economy enters the accelerated recovery phase is earlier than … Read more
Author: Yan Guoqing 2021 marks the 20th anniversary of the establishment of the SCO, and Tajikistan formally takes over the rotating presidency of the SCO. July 5th, the 20th anniversary of the Shanghai Cooperation Organization: The exchange event of the Republic of Tajikistan-China-Shanghai Cooperation Organization Local Economic and Trade Cooperation Demonstration Zone was held in … Read more
Author: Cheng Xiaoyong In late July, there was another surge in bulk commodities, and copper prices were no exception. The author does not believe that the resumption of the rally in late July was driven by demand expansion. Instead, the author believes that under the condition of weak global economic growth, the real interest … Read more
Author: Huali In the second quarter of this year, public funds increased their holdings in the non-ferrous metals industry, and the non-ferrous metals industry’s stock market value accounted for 1.68% of the stock investment market value. According to the 2021 semi-annual report of public offering funds, the author counted 5193 active equity funds in the … Read more
Author: Zheng Qiongxiang In July, the domestic lead supply and demand pattern continued to weaken, and consumption began to slightly improve seasonally. However, the start of secondary lead production accelerated to resume its upward trend, and the start of primary lead production rose steadily. The domestic lead ingot inventory continued to rise and exceeded the … Read more
Author: Qiu Mengsong Chen Tiantian At 9:00 am on July 28th, Congo (DRC) time, Chinese Ambassador to Congo (DRC) Zhu Jing announced that the “Spring Miao Operation” to vaccinate overseas Chinese citizens with the Chinese new crown vaccine was officially launched in Congo (DRC), with more than 300 people on the same day Chinese citizens … Read more
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