CHINA TOPIX

04/28/2024 07:52:06 pm

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Amur Minerals Corporation

Chinese Steel Industry Suffers Losses As Demand Shrinks

Falling Chinese Exports Push Nickel Prices to Three-Week High

For months now, nickel prices have been highly dependent on economic signals from China. The weaker Chinese economy has been suppressing demand from local steel producers, making nickel prices lower than ever.

china

China Can Make Nickel Flourish This Year

Nickel's fluctuating prices sparked worries in the commodities market, mainly because of China's lowering demands. The Chinese economy has always been a catalyst in the commodities market because of its influence and strong pull on prices.

Mongolia

Mongolia Seeks Help from Rio Tinto, China for Copper Industry Recovery

Copper mining is a major industry in Mongolia and the country's economy relies heavily on it. The country ranks 12th in the world for copper reserves, with the Gobi Desert holding 35 million tons of copper.

Shanghai Stock Exchange

Base Metal Segment’s Prices Slide on Global Cues

Nickel, tin, zinc, lead, copper, and select brass prices slid at the non-ferrous metal market as demand decreases from essential sources like China and Japan, two of the largest base metal consumers in the world.

China metals

Stainless Steel Surplus in China to Lead to More Global Exports

A slowdown in China's industrial manufacturing and property sectors will soon lead to an increase in the global export of stainless steel.

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