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September 2020
23 September 2020
Export prices for Chinese magnesia have held firm over the past week while the Liaoning provincial government in China continued to push its reforms of the magnesia industry to promote healthy development of the market.
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21 September 2020
Argentinian crude steel production decreased by 22.80% year-on-year in August, according to figures from national steel association Acero Argentino.
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21 September 2020
Sales of passenger cars in Europe slumped again in August after brief signs of a revival in July, according to the latest data from the European Automotive Manufacturers Association (ACEA).
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16 September 2020
The Liaoning provincial government in China has released further details on magnesite industry consolidation plans following a meeting in early September, giving confidence to dead burned magnesia (DBM) exporters to raise their offer prices.
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16 September 2020
The refractories environment was unlikely to return to a pre-Covid-19 state before 2022, attendees at an industry conference were told on Wednesday September 16.
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14 September 2020
ArcelorMittal has decided not to restart blast furnace (BF) No1 at its plant Fos-sur-Mer in France, the company’s spokesman told Fastmarkets on Friday September 11.
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11 September 2020
ArcelorMittal Poland has denied accusations from local trade union Sierpien 80 that it was abandoning plans to relight blast furnaces in its Krakow plant, saying that operations in the steelworks’ hot area will be resumed but “only when it is economically viable,” the company’s spokesperson told Fastmarkets on Wednesday September 9.
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09 September 2020
The provincial government of the Liaoning region of China reaffirmed the imposition of production controls on the magnesia industry during a meeting on September 4, with the idea of promoting the healthy development of the market.
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07 September 2020
Global demand for magnesia has been cut back by the Covid-19 pandemic, with most magnesia prices falling to their lowest levels since before the market rally in 2017.
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02 September 2020
Slow downstream demand for refractory materials amid the Covid-19 pandemic in the first half of 2020 weighed heavily on the raw material market, with output falling by 13.75% to 10.48 million tonnes year on year in the period.
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01 September 2020
Fastmarkets is inviting feedback from the industry on its pricing methodology for its industrial minerals, as part of its annual methodology review process and compliance with the International Organization of Securities Commissions (IOSCO) principles for PRAs.
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August 2020
28 August 2020
Chinese exports of all grades of magnesia fell again on an annual comparison in July, with global demand showing no significant improvement and relatively slow buying activities.
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19 August 2020
China’s magnesia export prices have decreased for most grades over the past week on continued weak demand and oversupply in the market.
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12 August 2020
Earlier fears that an outbreak of Covid-19 in Chinese magnesia hub Dalian city will disrupt production and delivery have proven unfounded, with both running smoothly and virus cases falling.
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11 August 2020
The industrial mineral group Imerys will buy Turkish refractory producer Haznedar to further establish itself in the attractive Turkish market, it said.
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10 August 2020
The exchange rate for the Turkish lira has touched record lows against the US dollar, increasing the revenues for the Middle Eastern country’s mineral exporters.
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03 August 2020
Chinese exports of magnesia fell on both an annual and monthly comparison in June with most buyers in no hurry to place more orders in a continued weak downstream environment.