China will ban imports of 16 more scrap metal and chemical waste products from December 31, 2018, according to release by the Ministry of Ecology and Environment (MEE) on Wednesday April 19
Development in cathode materials is likely to drive the development of new-energy cars as cathode materials determine battery performance.
Operating rates across galvanising plants grew 34.1 percentage points month-on-month in March and stood at 67.8%, SMM research showed. This growth is likely to continue in April
SMM Evening Comments
price review forecast
Demand for nonferrous metals will surge as new energy vehicles are booming in China, said Lei Hongjun, chief engineer of the Yangtse Automobile Group.
Prices of prebaked anode will continue to tumble as supply grows after production restrictions are lifted at the end of the heating season, SMM believed.
Steel mills in Wu’an city of Hebei province continued to see their operations restricted on environmental concerns, SMM learned.
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