Industry News

Forecast of steel market in 2023
Forecast of steel market in 2023
Feb 10, 2023

According to Hainan West Asia Group's understanding, since January 2023, the supply and demand of steel products have been weak, but there are also some good news. Through the business situation of th...

International molybdenum product price increase
International molybdenum product price increase
Jan 29, 2023

According to West Asia Group's recent knowledge, the price of international molybdenum products has increased significantly, exceeding the high level of the previous few days in a row, and the price o...

Core wire market transaction
Core wire market transaction
Dec 23, 2022

Recently, according to the news from Hainan West Asia, some small cored wire factories already had on the New Year. The rest of the factories mainly focus on delivery. After the Covid 19 was released,...

Analysis of recent price trend of silicon metal
Analysis of recent price trend of silicon metal
Dec 22, 2022

Silicon metal market prices in downward trend,and many silicon metal manufacture unwilling to sale on the lower prices. In south of china there are some factory stop producing at end of the Dec. Espec...

'We're going to be free': Chinese cheer as COVID curbs are loosened
'We're going to be free': Chinese cheer as COVID curbs are loosened
Dec 21, 2022

BEIJING, Dec 7 China on Wednesday announced the most sweeping changes to its resolute anti-COVID regime since the pandemic began three years ago, loosening rules that curbed the spread of the virus bu...

The trend of China's ferrosilicon at the beginning of December 2022
The trend of China's ferrosilicon at the beginning of December 2022
Dec 20, 2022

This week, HBIS Group confirmed that the bidding price of ferrosilicon 75 in December was US$1,260/ton, which was an increase of RMB 7/ton from last month, a little higher than market expectations. Th...

Chromium Market Continues To Rise
Chromium Market Continues To Rise
Dec 19, 2022

At present, there are many factors that promote the continuous rebound of the chromium market. The first is the tight power supply and power cuts in South Africa, which lead to the first production an...

Silicon metal futures are close to listing, and the first new energy metal futures in China has attracted much attention
Silicon metal futures are close to listing, and the first new energy metal futures in China has attracted much attention
Dec 16, 2022

Silicon metal futures are approaching the market. Recently, the China Securities Regulatory Commission announced that it agreed to Guangzhou Futures Exchange to carry out metal silicon futures and opt...

The Domestic Molybdenum Market Continues To Run Stable
The Domestic Molybdenum Market Continues To Run Stable
Dec 15, 2022

Although the transaction price of raw material market is uneven, the overall guidance and representativeness is not strong. However, under the influence of the crazy increase of overseas molybdenum pr...

Analysis of China's molybdenum concentrate output in November 2022
Analysis of China's molybdenum concentrate output in November 2022
Dec 14, 2022

During November, the price of molybdenum continued to rise sharply, the enthusiasm of mine production was high, and the output increased compared with the previous month. According to incomplete stati...

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