China insight
Odisha announces new long-term linkage policies for certain minerals
The Odisha government will offer long term ore linkage for iron ore, chrome, bauxite and limestone, mined and produced by the Odisha Mineral Corporation (OMC). The ore linkage will be for investors or companies that sets up end-use plants (greenfield/expansion... |
Firms set to benefit from chrome ore export exemption
Government has exempted the ban on the export of chrome ores for some firms in a move designed to allow them to raise the necessary capital to complete the construction and expansion of furnace, processing facilities and upgrade key mining technology. |
Steel prices are expected to rise
Steel prices are expected to rise again soon. |
Ferro-alloys futures a hedging tool for steelmakers
With the rapid development of ferro-alloys futures trading, Chinese steelmakers are increasingly using the newly-introduced futures-spot basis pricing pattern to hedge risk, according to Hao Zhu. |
Concentration ratio of Chinese ferro-alloys may continue to rise: Shi
Inner Mongolia is by far the biggest in terms of market share in the first four months of 2023, with 36.34%, while Ningxia was second on 12.24%. |
Indonesia’s growth in stainless steel industry shines light on chrome, ferro-chrome shipments
“Tsingshan may [bring an] additional 0.4 million tonnes of ferro-chrome capacity into production in the second half of 2023 and it will need less imported ferro-chrome, but more chrome ore,” Zhang said. He said that would lead to “a change in global ferro-c... |
Chinese green ferro-alloys on the way
Ferro-alloys is a highly energy-intensive industry and one of the key sectors attracting the attention of government departments and industry market participants over its progress in terms of its green development. |
Ferro-silicon: weak supply, demand weighs on prices
China’s ferro-silicon market has displayed weak momentum since the beginning of 2023, with decreasing supplies and demand between January and May 2023. |
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