According to data from the World Steel Association analyzed by SteelRadar, electric arc furnace (EAF) accounted for 28.6% of global steel production.

Global molybdenum production and use falls in Q1 2024

French miner Eramet SA is exploring a partnership with Zhejiang Huayou Cobalt Co. to produce battery-grade nickel in Indonesia after a similar project with a European partner fell through last month.

BMI – a unit of Fitch Solutions – is maintaining its nickel price forecast for 2024 at $18,000/tonne as excess supply continues to drag prices down from 2022 levels, the analytics firm said in its latest market report.

The total inventory of manganese ore in Port of Tianjin July 04, 2024

The total trading volume of 2409 contract on the exchange was 103632 lots, with a turnover of about 3586.7568 million yuan.

Futures and options average daily volumes on the London Metal Exchange (LME) hit a 10-year peak in the second quarter, jumping 27% year on year, the exchange said on Thursday.

At the beginning of June, the market quickly fell below the limit, and then continued to slide and consolidate, returning to rationality.