China insight

Glencore to stop funding troubled New Caledonia nickel plant

Glencore Plc said on Wednesday it will stop funding the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia at the end of February, adding to pressure on the troubled nickel sector in the French Pacific territory.

Thursday, September 28, 2023

US steel imports down 4.0 percent in August

the US steel import market share in August 2023 was estimated at 21 percent, compared to 21 percent in July and 22 percent year-to-date.

Wednesday, September 27, 2023

Indian Metals And Ferro Alloys Expands Capacity As Domestic Ferrochrome Demand Rises

The greenfield smelter capacity in Kalinganagar will be commissioned by FY26, and mining expansions will take six to seven years.

Wednesday, September 27, 2023

Philippines’ lower house passes bill overhauling mining tax system

The Philippines’ lower house on Tuesday approved a bill that overhauls the tax system for mining, which the government said will be simplified to make the industry more attractive to investors.

Wednesday, September 27, 2023

Brazil's Vale and Port of Açu join forces to create Mega Hub for low-carbon steel production

Brazil's Vale and Port of Açu join forces to create Mega Hub for low-carbon steel production

Wednesday, September 27, 2023

Chile's Codelco to meet obligations as financials deteriorate -JPMorgan

Chile's Codelco to meet obligations as financials deteriorate -JPMorgan

Wednesday, September 27, 2023

Robust exports, stable domestic demand keep China's steel production strong in 2023

Robust steel exports from China have emerged as a major driver supporting steel production at a time when demand activity from the country's largest steel consumer -- the property sector -- has remained muted for the most part of this year.

Tuesday, September 26, 2023

Moody's Upgrades Tata Steel's Long Term Rating To Baa3 On Solid Credit Profile, Indian Steel Operations

Moody's Investors Services has upgraded Tata Group-backed leading steelmaker, Tata Steel's ratings to investment grade with a Baa3 issuer rating. Also, the rating agency has assigned the company's outlook to 'Stable' from positive. Further, it withdrew the com...

Tuesday, September 26, 2023
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