Operations at several ferroalloy plants at Ulanqab, Inner Mongolia, have been affected due to a power restriction measure following insufficient power supply locally.
China's infrastructure investment grew 20% year-on-year to 12.67 trillion yuan for the first 11 months of this year
The average cost of lithium-ion battery set is likely to be halved to $100/kWh by 2025.
Copper production in Chile rose 15.1% year-on-year to 510,400t in October, the highest monthly rate since December last year.
China’s primary aluminium output dropped 16.8% year on year to 2.35 million mt in November.
China’s output of ten varieties of nonferrous metals reaches 4.32 million mt in November, down 6.9%, according to latest data released by the State Statistics Bureau.
China's macro ecomonic data in November release
China's 2017 automobile output and sales volumes are set to reach 29 million units, up 3.5% from a year ago.
OPEC members and Russia have decided to extend the crude oil production cut agreement until the end of 2018, surprising market participants.
Both steel output and inventory fell in the last 10 days of November.
Today nonferrous metals kept mixed. SHFE Nickel moved volatile and went up with 1.47% gain at closure. SHFE Copper, Aluminium, Zinc slightly rose. SHFE Lead dropped over 1%.
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