China eyes nonferrous metal exports as seaborne prices soar amid Ukraine conflict: sources

Some China-based producers and traders of nonferrous metals are seeking export opportunities after seaborne prices rose sharply due to the Russia-Ukraine conflict, while losses widened on imports, industry sources said March 4. Domestic Chinese prices of nonferrous metals, such as aluminum, alumina, copper, and nickel failed to keep up with rising seaborne prices following Russia’s invasion of Ukraine, making exports…