Metal8h
Review of 2024 Spot Premiums/Discounts for Copper Cathode in North China: A Cliff-Like Decline at Year-End [SMM Analysis]
[SMM Analysis: Review of 2024 Spot Premiums/Discounts for Copper Cathode in North China, Year-End Plunged Sharply] According to SMM prices, as of December 27, 2024, the monthly average spot discount ...
Metal21d
Ganfeng's Goulamina Lithium Project in Mali officially starts production
On 15 December, the Goulamina lithium mine in southern Mali, operated by Chinese firm Ganfeng Lithium, officially commenced ...
Metal4m
Steel Inventory Continues to Decline, Short-Term Steel Prices Struggle to Break Out of the Volatile Range [SMM Steel Industry Chain Weekly Report]
Steel Inventory Continues Destocking, Short-Term Steel Prices Likely to Maintain Fluctuating Trend This week, the ferrous metals series fluctuated rangebound. On the news front, the National Financial ...
Metal4m
Port arrivals declined significantly, iron ore inventory at 35 ports experienced slight drop
In February, the lack of consumption due to CNY holidays drove accumulation of stocks. Lead prices thus fell back from high levels. LME lead prices dropped below the $2,000/mt mark, reaching a low of ...
Metal10m
Zinc Prices Rose Significantly This Week: How Did the Operating Rates of Zinc Downstream Sectors Perform? [SMM Analysis]
How Did the Operating Rates of Zinc Downstream Sectors Perform?】 This week, zinc downstream consumption showed mixed performance. The production of galvanizing and zinc oxide declined as the weather ...
Metal35m
Off-Season Demand Is Expected to Be Relatively High, Iron Ore Prices Drop Sharply [SMM Commentary]
Iron ore futures saw a significant decline today. The most-traded I2505 contract finally settled at 759.5 yuan/mt, down 2.63% from yesterday. Market trading sentiment was sluggish today. Transaction ...
Metal8h
How Gear Steel Pricing Impacts Manufacturing Costs
Over the past few years, the gear steel market pricing trends have remained subject to fluctuations from several factors. In particular, the rising demand for gear steel, an industrial material ...
Metal24m
XPENG rolls off 50,000th unit of MONA M03
On December 27, Chinese new energy vehicle maker XPENG announced that cumulative production of the MONA M03 model reached 50,000 units within four months of its market launch.
Metal20m
How Global Economic Trends Impact the Price of Pig Iron
When analyzing the price of pig iron, global supply and demand dynamics play a pivotal role. As a commodity essential for steel production, pig iron's price is influenced by the production ...
Metal18m
Minor Metals Pricing Forecast: Insights for Industry Professionals
Minor metals, which are often lost amongst the bigger base metals such as copper and aluminum, are critical inputs into a number of industrial applications. This group is added with metals such as ...
Metal1h
US Dollar Index Hovered at High Levels, While the Most-Traded BC Copper Contract Fluctuated Rangebound [SMM BC Copper Commentary]
[SMM BC Copper Commentary: US Dollar Index Hovered at High Levels, BC Copper Most-Traded Contract Fluctuated Rangebound] SMM reported on December 27: Today, the most-traded BC copper 2502 contract ...
Metal2h
Lead Prices Plunge as Downstream Enterprises Restock at Lows; Profitability of Secondary Lead Smelters Declines [SMM Weekly Lead Review]
Orange alerts for heavy pollution weather in multiple regions have not yet been lifted, and secondary lead smelters affected by this have not fully resumed operations, resulting in limited finished ...