Metal3m
Overnight Copper Prices Rose First and Then Fell as the Market Awaits Economic Data Release [SMM Morning Comment on Copper]
Overnight Copper Prices Rose Before Falling as Market Awaits Economic Data] Macro side, as US media reported that Trump would impose universal tariffs only on key imported goods, the US dollar index ...
Metal14h
CMOC: Copper production in 2024 is up 55% YoY, refined cobalt production is up 106% YoY, and molybdenum production slightly decreased.
On the evening of January 6, CMOC announced its preliminary estimates for the production of major products in 2024 as follows ...
Metal9h
High-Grade NPI Cost Support Remains Firm, Limited Downside Room Expected in the Short Term [NPI Daily Review]
[SMM Daily Review: High-Grade NPI Costs Remain Firm, Limited Downside Room Expected in the Short Term] On January 6, SMM 8-12% high-grade NPI average price was 935 yuan/mtu (ex-factory, tax included), ...
Metal11h
SGMW's full-year sales exceed 1.54 million vehicles in 2024
In the new energy vehicle (NEV) sector, SGMW sold around 800,000 vehicles last year, accounting for over 50% of total sales and representing a 63% year-on-year hike, which brings SGMW's cumulative NEV ...
Metal8h
Aluminum Ingots and Billets Both See Inventory Buildup; January Aluminum Inventory Pressure May Be Hard to Ease [SMM Analysis]
In terms of aluminum ingot inventory, as shipments in the Xinjiang region have basically returned to normal since late December, the backlog within the region, apart from the normal in-plant inventory ...
Metal10h
Social Inventory of Secondary Copper Raw Material Remains Low, Overall Trading Volume Limited [SMM Secondary Copper Daily Review]
View SMM Copper Quotes, Data, and Market Analysis 》Subscribe to View Historical Price Trends of SMM Metal Spot. SMM January 6. The futures closed at 73,760 yuan/mt at 11:30 t ...
Metal13h
Galvanized Sheet Enterprises' 2025 Chinese New Year Break Schedule Released: Any Changes Compared to Last Year? [SMM Analysis]
With the Chinese New Year holiday approaching, SMM communicated with galvanized sheet enterprises regarding their holiday arrangements. This survey covered 20 galvanized sheet enterprises with a total ...
Metal14h
Silicon Metal Prices Remain Weak and Stable; Few New Orders for Silicon Enterprises Recently [SMM Silicon Daily Review]
[SMM Silicon Daily Review: Silicon Metal Prices Remain Weak and Stable, Few New Orders for Silicon Enterprises Recently] Standard #553 silicon metal in east China was at 10,900-11,100 yuan/mt, ...
Metal12h
China's optical image solution provider Kankan Tech nabs hundreds of millions of yuan in Pre-B+ funding round
Shanghai (Gasgoo)- Beijing Kankan Intelligent Technology Co., Ltd. (Kankan Tech), China's full-stack optical image solution provider, recently announced the successful completion of its Pre-B+ funding ...
Metal11h
JAC Yiwei, CATL collaborate on CIIC smart chassis development
Beijing (Gasgoo)- JAC Yiwei, a subsidiary of JAC Group, recently signed a technical cooperation agreement with Contemporary Amperex Intelligence Technology (Shanghai) Limited (CAIT-SH), a subsidiary ...
Metal14h
MinRes, an Australian mineral resources company, has closed the Yilgarn iron ore mine to focus on advancing the Onslow project.
MinRes released an update on its Yilgarn iron ore operations. Following a comprehensive feasibility assessment, it was determined that the Yilgarn operations would no longer remain economically viable ...
Metal17h
Announcement on the Adjustment of Domestic Futures Selling Prices for Sheets & Plates by Baosteel in February 2025
After thorough research, Baosteel has decided to adjust the domestic selling prices for sheets & plates in February 2025 based on the prices of January 2025 as follows (all prices below are exclusive ...