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Well known carbon identity Michael Wrotniak was in China recently, so I took the opportunity to catch up with him and get his views on the current market. Michael is Managing Director of Aminco Resources, one of the leading China anode exporters, although he is also very active in coke and pitch exports. […]
The following story comes from Bloomberg. In fact this story has been circulating around Beijing for a couple of weeks. According to our sources, Xiong has already taken over from Xiao. Mr. Xiao has effectively been “kicked upstairs”, as he has been promoted to the State Council, joing the most senior ranks of China’s Communist […]
The following article appears courtesy of Bloomberg. It talks about Capesize and Panamax vessels, which are good for alumina cargoes. There is no mention of Handy sized vessels, but one would assume there has been a similar uptick. February 5, 2009 – 8:16AM The Baltic Dry Index, a measure of shipping costs for commodities, rose […]
The following article is courtesy of Reuters. As we have stated many times, the situation in China in regards to the global economic crisis is somewhat different to the rest of the world. The Chinese Government is better placed than probably any other government in the world to take action and to steer the ship […]
The following article appeared in the China Daily recently. (Xinhua) Aluminum Corp of China Ltd (Chalco), the country’s largest producer of the metal, said Friday its 2008 unaudited net profit may fall more than 50 percent from a year earlier. The profit slump reflected large increases in raw materials costs in […]