SHFE: China's alumina futures will be listed for trading on June 19, 2023 2023-06-06

Jun. 6, 2023 - China Securities Regulatory Commission (CSRC) has approved the registration of alumina futures on the Shanghai Futures Exchange (SHFE), it said on June 2. The decision opens the door for the exchange to launch the world's first alumina contract with physical delivery. In the next step, the CSRC will urge the SHFE to do a good job in various tasks to en…

Jamaica: mining industry grew by 95.9% in Q1 2023-06-05

Jun. 5, 2023 - The Planning Institute of Jamaica (PIOJ) estimates that the bauxite and mining industry grew by 95.9 per cent in the first quarter ended March.   PIOJ Director General Dr. Wayne Henry said this was due to higher output of alumina, which outweighed a contraction in crude bauxite production.    "Alumina production grew by 197.1 per cent due …

China's output of refractory products in April among different regions 2023-06-05

Jun. 5, 2023 - According to statistics, in April 2023 outputs of refractory products in China show year-on-year decrease by 1.86%. Total output from January to April is 7,951,924 tons, up 3.68% YoY.    In April 2023, the output ascending degrees in Fujian, Hunan, Yunnan and Jiangxi are sharpest by 9.98%, 9.98%, 9.97% and 8.99% respectively. The output descending degrees of Apr…

Output and export situation of China refractories in Q1 2023 2023-06-02

Jun. 2, 2023 - According to data from the Association of China Refractories Industry, China’s refractories production increased year-on-year in the first quarter of 2023. In Q1, ACRI statistics showed China’s refractories production at 6.0073 million tons, a YoY increase of 4.43%. Among them, dense shaped refractory products were 3.2896 million tons, a YoY increase of 4.34%; insulation refra…

Global alumina production drops in Apr MoM 2023-05-30

May 30, 2023 - According to statistics released by the International Aluminum Institute (IAI), global alumina production totaled 11.235 million tons in April this year, dropping by 3.3% from the previous month. The daily average production in April was 374,500 tons, compared to 374,900 tons in March. In April, the estimated alumina production in China was 6.58 million tons. The output in O…

China's output of refractories' downstream industries in Jan-Apr 2023 2023-05-29

May. 29, 2023 - In April, the added value of China's industrial enterprises above designated size organically increased by 5.6% year-on-year and decreased by 0.47% month-on-month. From January to April, the added value of China's industrial enterprises above designated size organically increased by 3.6% year-on-year. In terms of industries, in April, the …

Global crude steel production down 2.4% YoY in April 2023 2023-05-24

May 24, 2023 - World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 161.4 million tonnes (Mt) in April 2023, a 2.4% decrease compared to April 2022. Crude steel production by region Africa produced 1.3 Mt in April 2023, up 4.8% on April 2023. Asia and Oceania produced 121.1 Mt, down 1.5%. The EU (27) produced 11.1 Mt, down 11.…

Global alumina production falls in Q1 YoY 2023-05-23

May 22, 2023 - According to statistics released by the International Aluminum Institute (IAI), global alumina production totaled around 33.18 million tons in the first quarter of this year, sliding by 5.5% compared to the preceding quarter and by 1.14% from the year-ago level. In March alone, global alumina production amounted to around 11.42 million tons, a month-on-month increase of 10.4…

The road to decarbonising the steel industry in Europe 2023-05-22

May 19, 2023 - Axel Eggert, Director General of EUROFER, discusses the steel industry’s journey to decarbonisation and the challenges facing the transition. As the world seeks to rapidly reduce its carbon emissions in the race to net zero, major industries across the globe are adopting greener processes to minimise their carbon footprint. The steel industry, which currently produce…

Worldsteel: Brazil drops out world’s top 10 steel consuming countries 2023-05-22

May 22, 2023 - According to the World Steel Association, the world's top ten consuming countries of steel products are China, India, the US, Japan, South Korea, Russia, Turkey, Germany, Italy, and Mexico. However, Brazil is not included this time. China ranks first with annual consumption of 921 million tons, and Mexico ranks tenth with 24.8 million tons. Brazil Steel Institute (Instituto A…

Ghana to prevent bauxite, iron ore exports 2023-05-11

May 11, 2023 - President Akufo-Addo was speaking at the opening of a stakeholders dialogue on natural resource management, organised by the Graphic Communications Group Limited (GCGL), in partnership with the Ministry of Lands and Natural Resources in Accra today. President Akufo-Addo said all the necessary laws and policy documents were being finalised on the exploitation, …

China's output of refractory products in March among different regions 2023-05-08

May 8, 2023 - According to statistics, in March 2023 outputs of refractory products in China show year-on-year increase by 3.78%. Total output from January to March is 6,007,300 tons, up 4.43% YoY.    In March 2023, the output ascending degrees in Chongqing, Fujian, Hunan and Jiangxi are sharpest by 10%, 9.98%, 9.97% and 8.99% respectively. The output descending degree…

Global refractories market set to ignite, and to blaze a trail to $35 bn by… 2023-04-28

Apr. 27, 2023 - Driven by the strong mechanical strength, and growing demand from the iron and steel industry the global refractories market is forecasted to cross US$ 35 bn by 2028, according a recent research study. Refractory materials are non-metallic minerals possessing chemical and physical properties. It is resistant to decomposition by heat, pressure, or chemical attacks and r…

Global Refractories Market Outlook 2023 2023-04-25

Apr. 25, 2023 - Although the global economy declined overall and crude steel production fell by 4.2% in 2022, sales performance for well-known refractories giants worldwide showed double-digit growth. What about 2023? This article analyzes the market environment for the refractory industry in 2023 through the outlook of industry giants.   Comment from Vesuvious: “Steel and Foundry …

China Exports of Refractory Materials and Products in Feb 2023 2023-04-25

Apr. 25, 2023 - According to the statistics from China Customs, China's exports of mullite, brown fused alumina, and alumina in February 2023 increased by 111.34%, 3.18%, and 2934.26% respectively compared with the corresponding period of last year. Meanwhile, China's exports of flake graphite, fireclay, fused magnesia, dead burned magnesia, caustic calcined magnes…