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  • EU steel exports down 3% y/y in January-November 2024-02-23

    Feb. 23, 2024 - In January-November 2023, steel exports (including semifinished products) from the European Union to third countries decreased by 3% compared to the same period in 2022.  Over 11 months, exports of rolled products decreased by 4% y/y, including flat products by 9% y/y and long products by 8% y/y. In 2022, exports of rolled products decreased by 14% y/y, driven …

  • Egypt’s building materials and refractories exports record $8.8 bln in 2023 2024-02-20

    Feb. 19, 2024 - Egypt experienced a growth in its building materials, refractories, metal industries, and construction sectors from January to December 2023, the total value of these industries reached $8.8 billion, marking a 26 percent increase compared to $6 billion during the same period in 2022. Breaking down the specifics, iron and steel exports surged by 65 percent to reach $…

  • Capacity replacement method on magnesia industry released by Liaoning gover… 2024-02-17

    Feb. 17, 2024 - On Jan. 26, Liaoning Provincial Department of Industry and Information Technology released “capacity replacement method on magnesite flotation and magnesia industry in Liaoning province” in order to promote high quality development of magnesite industry. The capacity replacement method aims at restricting oversupply of magnesite industry and boosting equipment upgradin…

  • China's output of refractory products in 2023 among different regions 2024-02-07

    Feb. 7, 2024 - According to statistics, in December 2023 outputs of refractory products in China show year-on-year decrease by 6.7%. Total output from January to December, 2023 is 22,989,754 tons, down 0.09% YoY.    In December 2023, the output descending degrees in Tianjin, Hebei and Sichuan are sharpest by 16%, 10.01% and 9.32%.   The output ascending degree…

  • Global crude steel production YoY in December 2023 2024-01-26

    Jan. 25, 2024 - World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 135.7 million tonnes (Mt) in December 2023, a 5.3% decrease compared to December 2022. Crude steel production by region Africa produced 1.9 Mt in December 2023, up 17.7% on December 2022. Asia and Oceania produced 96.4 Mt, down 9.7%. The EU (27) produ…

  • China Imports of Refractory Materials and Products in Nov 2023 2024-01-26

    No. Commodity Import Qty (T) Import Qty (T) YoY Growth Rate (%) Nov-23 Nov-22 1 Natural flake graphite 1,…

  • China Exports of Refractory Materials and Products in Nov 2023 2024-01-26

    No. Commodity Export Qty (T) Export Qty (T) YoY Growth Rate (%) Nov-23 Nov-22 1 Natural flake graphite …

  • India announces big ‘green steel’ ambitions 2024-01-25

    Jan. 24, 2024 - India is aiming to increase the share of scrap in steelmaking to 50% by 2047 with the government betting on ‘green steel’ to realise a less polluting metals industry. ‘In the next 25 years, the percentage of scrap will be 50% along with the balance 50% as iron ore,’ announced steel minister Jyotiraditya Scindia at the 11th International Material Recycling Confer…

  • China’s graphite export door remains open 2024-01-23

    Jan. 23, 2024 - Since December 1, 2023, China began requiring government approval for exports of graphite, a key material for batteries used in electric vehicles, based on legislation to strengthen export controls on strategic materials. However, this does not mean a complete ban on graphite exports. According to recent sources, the Chinese government has approved the e…

  • China's output of refractories' downstream industries in Jan-Dec 2023 2024-01-23

    Jan. 22, 2024 - In 2023, China's production of refractories' downstream industry presented a situation of coexistence of growth, decline and stability, among which, the output of pig iron and crude steel kept stable, output of cement and flat glass declined slightly, and that of non-ferrous metals continued to grow, when compared with that in 2022. In 2023, China's output of…

  • China’s export controls might trigger a graphite boom in the rest of the wo… 2024-01-12

    Jan. 10, 2024 - In the name of “national security”, Beijing has imposed new exports controls on graphite, restricting one of the most critical battery metals to Western markets as China attempts to dominate the global EV market. It’s both a threat and an opportunity. It’s an opportunity if you are a rare graphite processing company with operations in both the U.S. and China. One of the…

  • India's steel ministry not seeking higher import taxes 2024-01-11

    Jan. 10, 2024 - India's federal Ministry of Steel has no immediate plans to seek higher taxes on imported steel even though the country has become a net importer of the alloy due to rising shipments from overseas, particularly China, a senior government source said. India's top steel producers have asked the government to impose higher taxes on imports to curb overseas supplies coming…

  • Saudi Arabia signs mining deals with four nations 2024-01-11

    Jan. 10, 2024 - Saudi Arabia has signed memorandums of understanding (MOUs) for mining collaborations with Egypt, Russia, Morocco and the Democratic Republic of Congo at the Future Minerals Forum in Riyadh, Saudi Arabia.  The MOUs Saudi Arabia signed with Egypt’s Ministry of Petroleum and Mineral Resources, Morocco’s Ministry of Energy Transition and Sustainable Development and the …

  • China's output of refractory products in November among different regions 2024-01-10

    Jan. 10, 2024 - According to statistics, in November 2023 outputs of refractory products in China show year-on-year growth by 0.24%. Total output from January to November is 21,427,734 tons, up 1.59% YoY.    In November 2023, the output ascending degrees in Tianjin, Beijing and Chongqing are sharpest by 4%, 2.97% and 2.97%.   The output descending degrees in S…

  • Alumina price panic a sign of future aluminium volatility 2024-01-10

    Jan. 9, 2024 - The new year started with a bang in the Chinese alumina market. The price for the product that sits between bauxite and metal in the primary aluminium production chain jumped 30% over the last two weeks of December, peaking at a Jan. 3 high of 3,838 yuan per metric ton. The distant trigger for the supercharged rally was a Dec. 18 explosion at an oil terminal in Conakry, t…

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