SHFE metals down on market jitters about economy Oct 19, 2018
Futures prices of most non-ferrous metals including copper, aluminum, zinc and nickel on the Shanghai Futures Exchange lost ground this week on macro-economic factors, both in the domestic and global markets, which investors believed reflected a gradual slowing economy, market sources said.
China’s FeMo price corrects, dropping 6% on week Aug 15, 2018
Domestic prices of ferromolybdenum in China have slid over the past week, with Mysteel’s 60% ferromolybdenum price slipping by Yuan 8,000/tonne ($1,176) or 6% on week to Yuan 130,000/t including 16% VAT as of August 14. Only a week earlier on August 7, the price had hit a 6.5-year high of Yuan 138,000/t.
FEATURE: Changzhou mills under pressure on emissions Jul 31, 2018
Changzhou city in East China’s Jiangsu province is among the latest to join Beijing’s drive to improve air quality, with the city explicitly instructing 48 local steel mills to continue to cut their daily steel output beginning July 25 and lasting possibly until year’s end, an official from Changzhou City Environmental Protection Bureau confirmed on July 30.