Looking ahead, growth in steel demand is expected to pick up in industries such as machinery, automobiles, energy, shipbuilding, home appliances, and containers, while the demand in construction and hardware industries is projected to decrease.

China exmports 22751.58 tons of magnesium metal in Jan-Nov 2023.

China exmports 194057.464 tons of magnesium metal in Jan-Nov 2023.

Gwanda Solar Power Tender Haemorrhages USD23 Million with No Panels Assembled

The China lron and Steel Association(CISA) has announced that in early December (December 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members

Central India's Sarda Energy and Minerals Limited (SEML) has received consent to operate from Chhattisgarh Environment Conservation Board to enhance the production capacity of its iron ore pellet plant from existing 800,000 t to 900,000 t,

Downstream demand has entered a seasonal weakening phase, with insufficient demand for steel, stable and slightly lower prices for magnesium metal.

Acting Minister of Mines, Fuh Calistus Gentry, is set to preside over a ceremony on December 22, 2023, to launch the construction of the mine for the globally significant Mbalam iron ore deposit located between Cameroon and Congo.