IndustrialGrowth

China's Copper Market Faces Demand Challenges: Insights from Leading Importer

1 month ago

The landscape of China’s copper market is currently under scrutiny as the leading importer, Hong Kong’s China Minmetals Corp., is calling for additional stimulus measures to invigorate demand within the sector. As economic uncertainty looms and growth rates struggle to match previous years, the implications for trade and pricing in the copper market are significant.

China's Steel Industry Aims for Price Stabilization Amid Rising Costs

2 months ago

The Chinese steel industry is facing significant market fluctuations as it navigates a surge in prices, prompting key associations within the sector to call for measures aimed at controlling supply. This rally in steel prices, which has gained momentum recently, is eliciting concerns among industry stakeholders about the long-term sustainability of such increases.

China's Aluminum Production Set to Reach New Heights as Power Supply Remains Strong

2 months ago

China is poised to extend its record-breaking aluminum production levels, supported by a stable power supply that has been bolstered by a substantial increase in energy generation capabilities. As the country navigates its energy landscape, recent data reveals that both power generation expansion and policy adjustments are propelling the metal’s output to unprecedented levels.

Nigeria Secures Major Gas Supply Deal for Groundbreaking Methanol Plant

2 months ago

In a pivotal development for Nigeria's energy sector, the Nigerian government has successfully inked a significant agreement to supply natural gas to a newly planned methanol production facility, valued at a staggering $3.3 billion. This strategic move is not only expected to bolster the nation’s economy but also aims to enhance its position in the global methanol market.