Baiyin Nonferrous Group Co., Ltd. publicly tendered for 1 mt of tellurium ingot on the 25th [SMM Report]

In February, a company in Hunan is holding an open bidding event for the sale of bismuth concentrate, consisting of a single session with a total bidding volume of 600 metric tons. The final settlement quantity will be based on actual on-site sampling and weighing. In compliance with national dual-use item control requirements, this bidding process will be conducted in accordance with the regulations of the state and the group company. Participating bidders must provide documentation such as a letter of commitment for the final destination of the materials to be eligible for this bidding. Clients with export qualifications are not permitted to participate. The deadline for registration and bid submission is 10:00 AM on February 27th.

[Special Steel Price Adjustment] SMM February 25: A large domestic special steel enterprise adjusted its product selling prices for March 2026 as follows on a MoM basis: 1. Bar, commercial billet, forged material: raised by 100 yuan/mt; 2. Flat steel: raised by 200 yuan/mt; 3. Steel plate: raised by 50 yuan/mt; 4. Wire rod, steel pipe: unchanged; 5. Molybdenum-containing steel: raised by 300 yuan/mt for each 1% Mo content; 6. Tungsten-containing steel: raised by 3,500 yuan/mt for each 1% W content. This price adjustment takes effect from February 26, 2026.

On the 23rd, Novonix announced that it has signed a binding term sheet to sell its Canada-based Novonix Battery Technology Solutions (BTS) division in Nova Scotia to former CEO Chris Burns for $1.