Baosteel Desheng High-quality Stainless Steel Green Industry Base Project - Steel Capacity Replacement Project is located in Jin’gang Industrial Zone, Luoyuanwan Development Zone, Luoyuan County, Fuzhou City.

Baosteel Desheng, a subsidiary of China Baowu Iron and Steel Group, invested 13.6 billion yuan to build a fine stainless steel green industry base in 2018, and the project will be fully put into operation next year.

Yunnan Provincial Development and Reform Commission announced on September 11 that the average monthly output of local industrial silicon companies should not exceed 10% of the August output from September to December.

The proportion of LFP batteries installed in NEVs has increased from 38% in January to 51% in July. The installed capacity of LFP battery is expected to continue to grow in H2.

In the first fiscal quarter ending in June 2021, Indian crude steel production increased by 61% year-on-year to 27.8 million tons, compared with 17.26 million tons in the same period last year.

COVID-19 pandemic once again swept the world recently. The new cases surged in US, Europe, and south-east Asia due to the spread of Delta variant. Pandemic was also spreading in China. On August 1, 31 province (including autonomous regions and municipalities) and the Xinjiang Production and Construction Corps reported 98 new confirmed cases, including 43 imported cases and 55 local cases.

The project is designed with an annualised capacity of 2 million mt

Secondary refined lead in China over the past few days has traded at prices higher than that of primary lead, which is of higher grade, due to tighter supply, SMM learned.

National Statistics Institute reported Mexican copper output increased 13.3% year-on-year to 42,533 tonnes in February, and lead production fell 9.2% year-on-year to 15,467 tonnes, wenhua.com reported

United States domestic raw steel production has increased by 2.4 percent to 1,725,000 net tons in the week ended on March 25, 2017,while the capability utilization rate was 72.8 percent.