China’s “zero tolerance” warning to commodity speculators over the weekend sent prices of some metals and iron ore tumbling.

The copper price is likely to finish 2021 lower than its current level. However, they could yet see some further gains in the year, industry watchers told MetalMiner.

Global crude steel production dipped to 169.5 million metric tons in April, down slightly from the previous month, the World Steel Association reported this month.

East Manganese on course to start production in July

China High Carbon Ferrochrome imports in April 2021.

China High Carbon Ferrochrome imports in Jan-Apr 2021.

China Nickel ores imports in April 2021.

China Nickel ores imports in Jan-Apr 2021.