China insight
India's steel consumption grew by 11% year-on-year in FY 2023
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MoS (Steel) Faggan Singh Kulaste said that the demand for steel in India continues to be robust as compared to other countries. India's Steel consumption has grown over 11% to 119 million tonnes in FY 2023 from 105 million tonnes in FY 2022. |
Mako Gold Makes Manganese Discovery at Golden Korhogo Project in Côte d'Ivoire
Mako Gold makes manganese discovery at golden Korhogo Project in Côte d’Ivoire. |
Vale’s profit slumps well below forecasts
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Brazil’s Vale, one of the world’s largest miners, reported a first quarter net profit down 59% from a year earlier, far below analyst expectations, as profits were dragged down by weaker sales and lower iron ore prices. |
QPM signs binding nickel ore agreement with MKM
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A binding ore supply agreement signed between Queensland Pacific Metals Ltd (QPM) and Maï Kouaoua Mines (MKM), highlights QPM's growing presence and strength of relationships it has established in New Caledonia. |
Nickel demand to increase to 3.13 million tons in 2023, supply to increase to 3.37 million tons - INSG
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Nickel demand to increase to 3.13 million tons in 2023, supply to increase to 3.37 million tons. |
Thyssenkrupp's new CEO faces impossible task: selling steel
Thyssenkrupp's new CEO faces impossible task: selling steel |
India’s steel imports shoot up to 7 mt; highest in recent years
India’s steel imports shoot up to 7 mt; highest in recent years |
LME brokers see big gains in 2022 from volatility after nickel debacle
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April 24 (Reuters) - Most brokers and banks trading on the London Metal Exchange (LME) had a bumper year in 2022 in a highly-volatile market, but a provision by JP Morgan due to a nickel crisis weighed on its profits, according to results and industry sources. |
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