On March 17, the transaction of 30,000 mt of alumina was made at $527/mt FOB, which was $2/mt higher than in Indonesia on March 16. The goods will be shipped in late April. The price has risen by 39% from early February, and China’s export window has been expanded to 1,400 yuan/mt.

The Ministry of Ecology and Environment announced that in 2021, China’s 145 million mt of steel production capacity completed the ultra-low emission transformation of the whole process.

The operating rates across 34 EAF mills of construction steel stood at 54.58% as of December 28, a gain of 0.68 percentage point from the previous week.

According to Chinese customs, China imported 2,210.82 mt of silicomanganese in November, down 73.54% MoM, and the exports stood at 7,294.16 mt, up 2.31% MoM and 447.69% YoY.

According to Chinese customs, China imported 2.25 million mt of manganese ore in November, down 12.7% MoM and 25.9% YoY, and the exports stood at 2,900 mt, surging 246.53% MoM.

This is a roundup of news in the steel industry for last week.

According to customs data, China's aluminium extrusion exports stood at 74,400 mt in October, down 8% month on month and 4% year on year.

This is an overview of China’s imports and exports of metals in September.

China's import volume of unwrought copper and copper semis in August were 393,900 mt, a year-on-year decrease of 41.07%, and a month-on-month decrease of 7.2%. The imports from January to August were 3.61 million mt, a year-on-year decrease of 15.4%.

The steel industry plays an important role in leading global low-carbon development and addressing climate change under the carbon neutrality target. And as traditional processes are reaching their carbon reduction limits, the steel industry must achieve breakthrough technologies in order to realise this target. In the future, hydrogen metallurgy will become the new windfall for the steel industry. This article will giver an overview of the key cooperation projects between international mines and China steel companies in the field of low carbon technology.