China exports 23805.63 tons of magnesium metal in December, 2024.

China exports 345806.076 tons of silicon carbide in Jan-Dec, 2024.

China exports 724620.49 tons of silicon metal in Jan-Dec, 2024.

China exports 265963.958 tons of magnesium metal in Jan-Dec, 2024.

Shares of Australia's Fortescue slipped on Thursday to a one-week low as it posted a marginal rise in its second-quarter iron-ore shipments, largely in line with market expectations for the period.

The proportion of steel used in China's manufacturing industry increased to 50 percent in 2024.

The association said that while steel demand is expected to continue decreasing this year, the rate of decline is likely to narrow.

The former Biden administration extended the deadline for the two companies to abandon their merger plan to June 18, following a request from Nippon Steel.