China’s Tianqi Lithium posts $101m net loss in H1 as prices plunge

China Moly’s H1 cobalt production down 24% year/year

Move to spur industry consolidation and further boost supply-side reforms.

The China Tianjin Bulk Freight Index (TBI), an indicator of northern China's international bulk freight rates, stood at 830.12 points on Wednesday, up 1.71 percent compared with the previous working day.

China's steel sector registered notable output growth in July as the country's economic recovery consolidates, industry data showed.

Foreign trade in North China's Hebei province rose by 6.3 percent year-on-year to more than 231 billion yuan ($33.4 billion) in the first seven months, customs statistics showed.

Thanks to the implementation of supply-side reforms, the pattern of supply and demand in the steel sector in China has improved since 2016.

The 2010 ferrosilicon contract price on ZCE closed at 5726 yuan per ton on August 28.