Ningbo Hot Rolled Coil Inventories Show Mixed Trends: Small Sample Down, Large Sample Up

Syria's Ministry of Economy and Industry has signed a 30-year strategic agreement with Saudi Arabia-based Ithraa Holding Group to rehabilitate, modernize, and operate the General Company for Iron and Steel Products in Hama. Signed August 28 during the Damascus International Fair, the plan allocates the first five years to rehabilitation and modernization, followed by a 25-year operational period, with output targeted to reach at least 350,000 tonnes per year within four years. The deal marks a step toward reviving Syria's idle industrial infrastructure and reducing its reliance on steel imports, while also signaling deepening economic ties between Syria and Saudi Arabia.

[Flash de molibdeno] SMM, 3 de septiembre: Una mina en Jiangxi vendió 96 tm de concentrados de molibdeno de 45%-50% (cobre promedio 1,99%, fósforo promedio 0,081%) a un precio de transacción de 5.430 yuanes/tmu, con un precio base de licitación de 5.410 yuanes/tmu. También vendió 544 tm de concentrados de molibdeno de 40%-45% (cobre promedio 4,09%, fósforo promedio 0,085%) a un precio de transacción de 5.395 yuanes/tmu, con un precio base de licitación de 5.380 yuanes/tmu. Todas las transacciones anteriores se liquidaron con 35% en efectivo y 65% en aceptaciones.