Baosteel Group Hikes Steel Prices for January

According to an announcement by NFC, on April 2, 2026, Zhongse Indonesia Dari Mining Co., Ltd., a holding subsidiary of China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd., obtained the "Environmental Feasibility Decision (SKKL) on Mining Activities of Lead-Zinc Ore by Dari Mining in SilimaPungga-Pungga Township, Dari County, North Sumatra Province" issued by the Ministry of Environment of the Republic of Indonesia. According to NFC's disclosure, the mine is an underground mine with a designed capacity of 1 million mt/year. As of 2024, the total resources/reserves of the Dari lead-zinc mine were: ore volume of 20.7009 million mt, zinc metal content of 2.2562 million mt, lead metal content of 1.3203 million mt, with an average zinc grade of 10.90% and an average

Recently, Inner Mongolia Shuangli Mining Co., Ltd. (hereinafter referred to as "Shuangli Mining") held the completion and trial production ceremony for the upgrading and capacity expansion project of the mining and beneficiation system at the No. 2 Iron Mine in the Geqi mining area.Once the project reaches full production, it will produce 870,000 mt of iron ore concentrates, 9,580 mt of copper concentrates, 5,432 mt of lead concentrates, and 2,052 mt of zinc concentrates annually, injecting new momentum into Shuangli Mining's green and high-quality development.

[Molybdenum-Iron Tender Information] SMM, March 24: It is reported that on March 23, a special steel group in east China announced the tender price for a new round of ferromolybdenum procurement, with the tax-inclusive plant-delivered acceptance-settled price at 277,500 yuan/mt, down 2,000 yuan/mt from the tender price on March 18. The public tender purchase volume was 120 mt (bid volume), while the actual total purchase volume remained to be determined.