Global insight

China to implement RCEP tariffs on the Philippines

China will adopt the tariff rates it pledged under the Regional Comprehensive Economic Partnership (RCEP) agreement on certain imports from the Philippines on June 2 this year, the Customs Tariff Commission of the State Council has said. The annual rates for s...

Thursday, May 18, 2023

NAC Q1 nickel ore sales were stable

Nickel Asia Corp. (NAC), the largest nickel producer in the Philippines, recently released its first quarter report. Its operating mines sold a combined 2.39 million wet metric tons (WMT) of metric ore. The company was also able to deliver 1.79 million WMT of ...

Wednesday, May 17, 2023

Iron-ore slump deepens on China demand anxiety, supply pressure

Iron-ore futures wobbled on Friday and were on track for weekly losses due to waning optimism over prospects for demand recovery in top steel producer and metals consumer China, with additional pressure from rebounding supplies from Australia and Brazil.

Monday, May 15, 2023

China's GEM to build a nickel project in Indonesia

May 11 - China's GEM Co Ltd , a battery and material recycler, announced on Thursday a $500 million joint investment to build a nickel project in Indonesia.

Monday, May 15, 2023

Thai Q1 GDP grows 2.7% y/y, beats expectations

Thailand's economy expanded 2.7% in the first quarter from a year earlier, official data showed on Monday, faster than expectations, as private consumption and tourism rebounded.

Monday, May 15, 2023

AISI: US Raw Steel Production in the week ending on May 6, 2023

In the week ending on May 6, 2023, US domestic raw steel production was 1,712,000 net tons while the capability utilization rate was 76.1 percent.

Friday, May 12, 2023

Largo Reports First Quarter 2023 Financial Results and Provides Update to 2023 Operational and Sales Outlook

Largo Reports First Quarter 2023 Financial Results and Provides Update to 2023 Operational and Sales Outlook

Thursday, May 11, 2023

Nippon Steel forecasts current year net profit to nearly halve

Nippon Steel forecasts current year net profit to nearly halve

Thursday, May 11, 2023
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