According to data from March 7, the weekly total bauxite port arrivals at Chinese ports reached 3.889 million tonnes, a decrease of 681,400 tonnes compared to the previous week. The weekly total bauxite port departures from Guinea's main ports were 3.2182 million tonnes
Iron ore futures surrendered early gains to trade lower on Wednesday, as sentiment was spooked by resumed market talks of China’s plan of trimming crude steel output to rein in oversupply plaguing the industry.
Officials will consider whether imports of certain types of hot rolled and flat products from China are harming the local industry, the Ministry of Finance said in a statement.
Donald Trump's 25% tariff on all steel and aluminium imports went into effect on Wednesday with the US President asserting that these taxes would generate US factory employment during a period when his fluctuating tariff policies are unsettling the stock market and raising economic decline concerns.
12 Mar, 2025 - Special Correspondent
ArcelorMittal has announced a maintenance program worth more than €270 million, which will include the suspension of certain operations at its French plants in Dunkirk and FOS-sur-Mer for several months. This was reported by France3-regions.
12 Mar, 2025 - Special Correspondent
Futures Market: During the overnight session, the most-traded alumina 2505 futures contract opened at RMB 3,195 per tonne, reached a high of RMB 3,206 per tonne, a low of RMB 3,181 per tonne, and closed at RMB 3,197 per tonne, down RMB 8 per tonne or 0.24 per cent, with an open interest of 201,000
12 Mar, 2025 - Special Correspondent
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