News

According to the SMM survey, the impact from maintenance on construction steel production slightly decreased this week (7.5-7.11). Last week, several steel mills resumed production of their rolling ...
Today, the transaction price of magnesium ingot in Fugu ranges from 16,300 to 16,400 yuan/mt, up 150 yuan from the previous trading day. The China FOB price remains unchanged at 2,210-2,310 $/mt.
In the near term, nickel prices may oscillate weakly within the range of 118,000-123,000 yuan/mt. Trump's July 9 global tariff deadline is approaching, and countries that have not reached trade ...
According to SMM, the composite operating rate of the enamelled wire industry in June was 69.93%, down 2.33 percentage points MoM and up 1.27 percentage points YoY. Among them, the operating rate of ...
According to SMM, the composite operating rate of the enamelled wire industry in June was 69.93%, down 2.33 percentage points WoW and up 1.27 percentage points YoY. Among them, the operating rate of ...
[SMM Analysis: Operating Rates of Copper Foil Enterprises Continue to Rise, with Lithium Battery Demand Driving Growth] According to SMM, the operating rate of copper foil enterprises in June 2025 was ...
News: US Tariffs Become the Biggest Influencing Factor, Lead Prices Fall Both Domestically and Overseas] SMM reported on July 8: Overnight, LME lead opened at $2,058/mt. Affected by the uncertainty of ...
Lead Prices May Show a Pullback and Consolidation Trend Amid Tariff Risks and Expected Increase in Supply] Trump's First Wave of Tariff Letters in the US: Starting August 1, the US will impose a 25% ...
US Issues Non-Reciprocal Tariff Notifications to Multiple Countries, Copper Prices Under Short-Term Pressure] On July 7, spot premiums for SMM #1 copper cathode against the 2507 contract for the ...
Futures Market: The most-traded SHFE tin contract (SN2508) maintained low-level consolidation during the night session, eventually closing near 263,600 yuan/mt, down 0.76% from the previous trading ...
Tariff Issues Resurface, LME Zinc Continues to Decline]: Overnight, LME zinc opened at $2,733.5/mt. In the early session, LME zinc briefly rose to a high of $2,734.5/mt. Subsequently, bulls reduced ...
Comment: SHFE Zinc Falls Driven by LME] Overnight, the most-traded SHFE zinc 2508 contract opened at 22,070 yuan/mt. Early in the session, bulls continued to reduce their positions. During the period ...