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Metals: Rebound in global manufacturing activity pushes prices high

Prices of industrial metals like copper, aluminum, steel, and zinc are rising due to supply disruptions and increased global demand. Manufacturing rebounds in the USA and China are major drivers. Analysts expect China to announce stimulus measures. Copper prices are expected to soar further.

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Copper prices have risen 11% in 2024 so far. Why is the metal surging?

The metal has also been trading near 14-month high on the London Metal Exchange around $9,500 per metric ton

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FACTBOX-Where are germanium and gallium produced, what are they used for?

China produces around 60% of the world's germanium, according to European industry association Critical Raw Materials Alliance (CRMA), with the rest coming from Canada, Finland, Russia and the United States. China exported 43.7 metric tons of unwrought and wrought germanium last year, according to Chinese customs.

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Beijing's curbs on niche metal exports threaten China supply glut | Hellenic Shipping News Worldwide

Beijing's curbs on niche metal exports threaten China supply glut | Hellenic Shipping News Worldwide
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Beijing's curbs on niche metal exports threaten China supply glut

BEIJING (Reuters) - China faces a growing surplus of two strategic metals if Beijing restricts exports, industry players said, weighing on domestic prices even as overseas prices of the thinly traded minerals jumped this week.

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Beijing's Curbs on Niche Metal Exports Threaten China Supply Glut

Beijing's Curbs on Niche Metal Exports Threaten China Supply Glut
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Germanium gallium: Germanium, Gallium: What are they used for? Here are some facts about these high-tech strategic materials

China has announced that it will impose export restrictions on gallium and germanium products from August 1, citing national security interests. Gallium is mainly used in the electronics industry to produce heat-resistant semiconductor wafers that can operate at higher frequencies. Germanium, on the other hand, is used in fibre optic cables and is essential in the defence and renewable energy sectors.

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Explained: Why China has put export curbs on critical minerals gallium and germanium & how it may impact India

India Business News: NEW DELHI: In an escalation of its ongoing Cold War with the United States over access to critical technologies, China's commerce ministry on Monday a.

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Where are strategic materials germanium and gallium produced?

China said on Monday it will
impose export restrictions on some gallium and germanium
products from Aug. 1 to protect national security interests.
Here are some details about gallium and...

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