Jan 12, 2025 · The Rapid Development of India's Steel Industry Drives Continuous Growth in Coke Imports. On December 26, the Indian government issued an order to impose a six-month import restriction on low-ash metallurgical coke, a raw material for steelmaking, starting from January 1, 2025, which will automatically terminate on June 30, 2025.

Jan 3, 2025 · [SMM Analysis: Weekly Review of Scrap Spot Price Trends, 2024.12.30-2025.1.3] This week, the ternary coefficient in the recycled scrap market remained basically stable, while iron-lithium showed a slight decline. Material side, lithium carbonate prices fluctuated downward this week, nickel salt prices were relatively stable, and cobalt salt prices slightly declined.

Dec 31, 2024 · 》View SMM Metal Prices, Data, and Market Analysis 》Subscribe to View Historical Price Trends of SMM Spot Metals . The last trading day of 2024 ended on December 31, with SHFE spot copper closing at an average discount for the year, breaking the premium trend of the past seven years.

Jan 9, 2025 · Reviewing 2024, affected by weak end-use demand and surplus capacity, the national average rebar price fluctuated downward, with the overall price center shifting lower. Specifically, the national average rebar price in 2024 was 3,575 yuan/mt, down 322 yuan/mt compared to 2023, with a YoY decline of 8.26%.

Dec 31, 2024 · [SMM Analysis: Primary Lead Smelter Production to Pull Back in 2024, What Is the Share of Mine-Sourced Lead?] According to SMM production survey, primary lead smelters are expected to face cut-throat competition for raw materials in H1 2024. Some lead smelters will shift their operational focus to comprehensive recycling, with the increase in comprehensive recycling of lead-containing ...

Jan 5, 2025 · [SMM Steel Market Morning Brief: NDRC Expects Energy Intensity to Drop by Over 3% in 2024] The National Development and Reform Commission (NDRC) stated that in 2024, significant progress will be made in energy conservation and carbon reduction, with energy intensity expected to drop by over 3% for the year, exceeding the annual target.

Dec 29, 2024 · Volatile" Rare Earths: Supply Constraints Show Initial Results, 2025 Expected to Usher in a Boom Year for Rare Earth Magnetic Materials | Year-End Review ① As a strategic minor metal, rare earth prices have experienced increased volatility since 2024 due to the impact of geopolitics and the supply-demand relationship. ② This year marks a "big year" for rare earth industry policies ...

Jan 3, 2025 · [SMM Lead Weekly Review: Weekly Review of Lead Futures Prices, 2024-12.30-2025.1.3] SMM, January 3: This week, LME lead opened at $1,966.5/mt, briefly touching a high of $1,967.5/mt at the beginning of the session. Due to a slight rise in the US dollar, LME lead came under pressure and weakened slightly. The market was closed on …

January 20 News: According to SMM statistics, on January 20, the social inventory of aluminum ingots in major domestic consumption areas was 455,000 mt (an increase of 15,000 mt WoW); the inventory of aluminum billets in major domestic consumption areas was 177,800 mt (an increase of 26,700 mt WoW).

Tianqi Lithium has determined that continuing construction on this project is "economically unviable” and thus terminate the development of the Phase II of Kwinana's Lithium Hydroxide Project in Australia, an investment of RMB 1.412 billion, representing 2.74% of the company’s audited net assets for the previous fiscal year.