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May 9, 2023
Australian rare earth producer Lynas said its wholly-owned subsidiary Lynas Malaysia has been granted an extension of its license to import and process rare earth concentrate until Jan 1, 2024.
May 9, 2023
SMM statistics showed that the global iron ore shipments totalled 32.94 million mt last week, an increase of 15.3% week-on-week. The shipments from Australia rose 12.6% on a weekly basis to 18.94 million mt, of which 15.56 million mt or 82.2% went to China, up 30.9%.
May 8, 2023
According to Preliminary Data Released by the US Census Bureau, The UNITED States Imported 2.614 Million Shor. t mt of Steel in March 2023, an increase of 14.2% compared with the final value in february, and the highest since July 2022.
May 8, 2023
SMM statistics showed that China’s steel product port shipments under domestic trade totalled 5.43 million mt in the week of April 29-May 8, up 12% week-on-week.
May 6, 2023
Indonesia exported 7,268.86 mt of refined tin in April,
May 5, 2023
In March 2023, China imported 2.02 million mt of copper ore and concentrate in physical content, down 7.5% year-on-year and 11.22% MoM. The import volume totalled 6.66 million mt in physical content in the first three months of 2023, up 5.2% on the year.
May 5, 2023
China's imports of copper anode stood at 80,500 mt in March 2023, down 18.09% month-on-month and 18.79% year-on-year. The imports totalled 289,400 mt from January to March, down 16.31% YoY.
May 4, 2023
As of last Friday, Yangshan copper premiums with a quotation period in May stood at $18-33/mt under warrants during April 24-28, with the average up $2.5/mt from a week earlier. Those stood between $36-50/mt under bill of lading with a quotation period in May, with the average up $3/mt. As of April 28, the SHFE/LME copper price ratio stood at 7.85, and import losses stood at 100 yuan/mt.
May 4, 2023
An Indonesian cabinet minister said on Wednesday that Indonesia has cut tax incentives to limit investment in low-quality nickel products.
May 4, 2023
Domestic zinc inventories declined significantly amid active downstream stockpiling, while overseas demand was sluggish, driving inflows of spot cargoes into China.