HomeTagsChina

Tag: China

China Cracks Down on Iron Ore Prices in a Move To Maintain Market Health

China, in a surprising twist, revealed on Monday that it had carried out a comprehensive survey on the price indices of various commodities, such as steel, iron ore, and lithium, in a bid to preserve a robust market. The pricing monitoring centre of...

Iron Ore Price Surges as China Shows Positive Signals

The price of iron ore on China's Dalian Commodity Exchange continued its upward trend, closing 2.51% higher at 919.5 yuan ($125.63) per metric ton, the highest level reached since March 17. Recent reports indicate that China plans to establish a mechanism to address local...

Copper Price Sees Increase Due to Expansion of China’s Factory Activity

In a positive sign for the industry, the Caixin manufacturing purchasing managers index (PMI) rose to 51 in the previous month, marking the highest reading since February. This indicates a return to expansion after a contraction in July. Copper futures for September delivery witnessed...

China Expands Focus on Latin America and Africa in Race for Critical Minerals

A recent report by S&P Global reveals that China is intensifying its efforts to secure critical minerals, with a particular focus on Latin America and Africa. These minerals, which are essential for industries such as electric vehicles (EVs) and renewable energy, are becoming...