PT Indonesia Tsingshan Stainless Steel (ITSS), the Indonesian production base of China's Tsingshan Holding Group, raised its export price quotes for 304-grade stainless products by $30/tonne on Wednesday as the Jakarta government's anticipated increase in export duties on nickel are seen adding to i

According to Mysteel data as of May 6, 14 car manufacturers have released their electric vehicle (EV) sales figures for April 2026. Among them, BYD, SAIC Motor, and Geely Auto ranked in the top three in terms of monthly sales, with sales volumes of 321,100 units, 142,500 units, and 135,600

  On April 28, 2026, Huayou Cobalt issued an announcement stating that due to a sharp rise in sulfur prices and high-capacity operation of its production lines, its subsidiary PT. Huafei Nickel Cobalt would temporarily suspend some production lines for maintenance starting May 1, with an estimated i

From the first quarter of 2026 to the present, the domestic cobalt market in China has generally exhibited a operating trend characterized by weak demand, softening prices, high costs, and compressed profit margins. Driven by factors such as sluggish downstream 3C consumer electronics, reduced deman

Cobalt intermediates remained flat last week, with offers stalling at USD $25.9 per pound and no traded volumes reported in circulation. As of the end of April, over 90% of the cargoes scheduled for arrival in the fourth quarter had been customs-cleared. In terms of arrival schedules, a large concen