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Benchmark RC for imported copper anode was set at $145/mt cif in 2021 long-term contracts

Jiangxi Copper and Chambishi, a Zambian blister copper producer under China Nonferrous Metal Mining Group, set the benchmark refining charge (RC) for imported copper anode at $145/mt cif, in their 2021 long-term contracts, rising significantly from the $128/mt in 2020, which indicates market expectations of ample blister copper supply in the future.

Jan 13, 2021 16:44

CST

industry news

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Holiday arrangements for zinc downstream companies

According to an SMM survey, galvanising companies generally suspend production around the end of January. Among them, Hebei is affected by the pandemic, and the holiday time is earlier than other areas.

Jan 13, 2021 15:00

CST

industry news

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Exclusive- SMM Survey: Impact on metals sectors on Hebei lockdown

North China's Hebei Province has entered "wartime mode” since January 5 to battle the new COVID-19 infections. The epicentre of the Hebei outbreak is the provincial capital of Shijiazhuang, with 11 million people under lockdown.

Jan 11, 2021 12:14

CST

industry news

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Steel News Roundup

On December 31, 2020, the Ministry of Ecology and Environment, the National Development and Reform Commission, the General Administration of Customs, the Ministry of Commerce, and the Ministry of Industry and Information Technology jointly issued the "Announcement on Regulating the Import Management of Secondary Steel Materials" , which has taken effect from January 1, 2021.

Jan 11, 2021 11:00

CST

industry news

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The impact on copper and steel sectors as Hebei announced a "state of wartime"

On January 5, 20 new coronavirus cases were confirmed in Hebei, along with 43 new local asymptomatic infections, according to the latest data reported by the Hebei Provincial Health Commission.

Jan 6, 2021 17:11

CST

industry news

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Restoration of MFN tariff on solid waste imports to have little impact on aluminium industry

The Office of the Customs Tariff Commission of the State Council issued an announcement to make appropriate adjustments to the provisional import tax rate implemented in 2020.

Jan 4, 2021 16:30

CST

industry news

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Will steel scrap import exceed expectations in 2021 when the import of secondary steel raw materials is liberalised?

The Ministry of Ecology and Environment, the National Development and Reform Commission (NDRC), the General Administration of Customs, the Ministry of Commerce, and the Ministry of Industry and Information Technology (MIIT) jointly issued the "Announcement on Regulating the Import Administration of Secondary Materials for Steel" (hereinafter referred to as the "Announcement") on December 31, 2020, effective from January 1, 2021.

Jan 4, 2021 16:00

CST

industry news

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Steel News Roundup

As of December 30, 8 steel companies in China, including Shougang Qiangang, Taiyuan Iron & Steel Group (TISCO), Shougang Jingtang, Xingtai Delong, SD Steel Rizhao, Xinxing Ductile Iron Pipes, Zongheng Fengnan, and Meishan Iron & Steel, have completed ultra-low emission transformations and relevant evaluation and monitoring.

Jan 4, 2021 12:00

CST

industry news

Inner Mongolia intends to control total capacity of steel and refined aluminium industries

Recently, the Development and Reform Commission of Inner Mongolia Autonomous Region, in conjunction with the Industry and Information Technology Bureau and the Energy Bureau, drafted the Several Measures for Ensuring Energy Consumption Control Targets in the "14th Five-Year Plan" (draft for comments).

Dec 29, 2020 16:17

CST

industry news

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India calls for a ban on iron ore exports, iron ore prices likely to rise

It was reported that the Indian steel industry required the government to immediately ban the export of steel and iron ore.

Dec 29, 2020 13:54

CST

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