Chinese prices for metallurgical coal are expected to level off in the second half of the month after a slow climb in early May, as demand for the feed material is seen losing momentum gradually, according to Mysteel's latest monthly report on the commodity.

The Purchasing Managers' Index (PMI) for the steel industry in North China's Hebei province, the country's top steel production base, climbed by another 12.7 percentage points on month in April to reach 60.3, rebounding above the threshold of 50 connoting expansion for the first time since January,

The deep treatment of spent NMC batteries is to dissolve and leach the electrode materials after pre-treatment processes, including discharge, dismantling, crushing and separation, so that the metals and compounds enter the leaching solvent in the form of ions, which are to be separated and recovere