Key highlights from the global aluminium industry, October 2024
Nov 17, 2024 · The price of photovoltaic glass has increased slightly this week. As of now, the price of 2.0mm single-layer coated glass is 15.8-16.5 yuan/square meter, and the price of 3.2mm single-layer coated glass is 25.5-26.0 yuan/square meter, the mainstream transaction prices are 16.0 and 25.5 yuan/square meter respectively, and the price of 2.0mm products increased slightly.
Alumina Prices Surge: Will Aluminium Smelters Face a Squeeze or …
Oct 21, 2024 · Since the start of 2024, the global alumina market has faced constant supply disruptions, leading to a steady price increase. On October 14, the Shanghai Futures Exchange’s (SHFE) main alumina contract hit an all-time high, with prices reaching 4,818 yuan/ton during the day and closing at 4,815 yuan/ton. In the night session, it climbed even further to....
Metal News of Copper, Aluminum,Lead,Zinc,Tin - Shanghai Metals …
Shanghai Metals Market(SMM) news center supply the latest nonferrous metal price news and SMM market analysis of copper,aluminum,lead,zinc,tin,nickel etc.
Key Trends in Lithium Prices: A Comprehensive Analysis
May 5, 2024 · Lithium, a critical component in modern batteries, is essential for various industries, particularly electric vehicles (EVs). The lithium market, characterized by key players and diverse extraction sources, is expected to see a surge in demand, projecting over 2.4 million metric tons of lithium carbonate equivalent by 2030. Despite recent price volatility, driven by supply and demand dynamics ...
How Gear Steel Pricing Impacts Manufacturing Costs
4 days ago · 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 essential across various sectors, directly correlates to technological advancement and heightened industrial activity. That said, economic uncertainties and …
[SMM HRC Daily Review] Unstable Cost Support; HRC Prices May …
Dec 20, 2024 · 【Unstable Cost Support, HRC Prices May Fluctuate Downward Next Week】This week, HRC spot prices showed a downward trend. Fundamentals: The number of steel mill hot-rolling maintenance production lines increased, reducing weekly HRC production by approximately 55,000 mt. While supply pressure eased, market demand declined at a faster pace.
US Fed's "Hawkish Interest Rate Cut" Hits Precious Metals; Spot …
Dec 19, 2024 · [SMM Commentary: US Fed's "Hawkish Rate Cut" Hits Precious Metals, Intense Back-and-Forth Negotiations Persist in Spot Silver Market] The US Fed cut interest rates by 25 basis points as expected during its December policy meeting. However, Fed Chairman Jerome Powell stated that when considering the future path of rate cuts, Fed policymakers want to see more progress in reducing the inflation rate.
How Automotive Steel Pricing Influences Production Strategies
Dec 20, 2024 · Automotive steel pricing plays a pivotal role in shaping production strategies within the car manufacturing industry. As a manufacturer, you must navigate the complexities of fluctuating steel prices, which can significantly affect your cost structure and profitability. The cost of steel is a major component in vehicle production, influencing decisions …
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Volvo Cars signs tripartite agreement on closed-loop steel …
Jul 23, 2024 · Shanghai (Gasgoo)- Volvo Cars recently held a tripartite signing ceremony at its Asia Pacific headquarters in Shanghai with Beijing Shougang Co., Ltd. and Zhejiang Yiyun Renewable Resources Co., Ltd. (“ Zhejiang Yiyun ”), according to a press release it issued on July 23 via its WeChat account.The collaboration aims to optimize the entire chain of automobile steel production, usage, and ...