China’s Premier Li Keqiang drafted a few economic development targets including a gross domestic product (GDP) growth at 6-6.5% and proposed a series of measures to support the domestic economic performance for 2019 when delivering his government report at the National People’s Congress annual session on March 5.
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.
Vale completes cobalt streaming transactions Jul 03, 2018
Brazilian miner Vale has completed cobalt streaming transactions with two Canada-based companies for the sale of a combined 75% of the cobalt stream from its Voisey's Bay nickel-cobalt-copper mine in Labrador, Canada, according to a Vale release on June 28.
CONF: China's FeCr demand seen staying stable Jun 25, 2018
China's ferrochrome market will enjoy steady growth in demand this year, though local smelters will continue to fierce competition from imports, according to Shi Wanli, Secretary General of China Ferroalloy Industry Association.
China expects good tungsten market in 2018: CNMN Mar 09, 2018
The outlook for China's tungsten market this year is positive, with domestic demand for the metal seen benefiting from China's focus on new materials and advanced manufacturing in its still-robust economy, argued a post on China Nonferrous Metal Network(CNMN) on March 2.
POSCO broadens lithium base with Pilbara partnership Mar 05, 2018
POSCO, South Korea's top steelmaker, signed a binding off-take deal with Australia's Pilbara Minerals for procuring 80,000 tonnes/year of chemical grade spodumene concentrate, the raw material for lithium production, from the Pilgangoora Lithium-Tantalum project in West Australia, according to Pilbara Minerals' latest release.
China's lithium-ion battery output up 31.3% in 2017 Feb 27, 2018
China's lithium-ion battery production grew 31.25% on year in 2017 partly due to the country's robust development in new energy vehicles (NEVs), and the battery market is with an even brighter future in 2018 with Chinese government's promotion of NEVs in the domestic market by waiving the 10% tax on NEVs sales over 2018-2020, market sources shared.