China's stainless steel crude output is expected to edge lower this month after August's high, as softening prices and thinning margins have prompted some mills to scale back production, the most recent Mysteel survey results show.

China's LNG supply fell 8.03% MoM to 7.61 million tonnes in August, with imports down 10.67% to 5.18 million tonnes, while consumption rebounded 5.75% to 3.24 million tonnes. Cost support, supply tightness and seasonal demand recovery are expected to support China LNG prices in September.

Indian electronics manufacturers are increasingly substituting aluminium for copper in key components as surging metal costs put pressure on margins.   Indian electronics manufacturers are turning to aluminium and steel as alternatives to copper as a sharp rise in copper prices pushes up production