News

Shanghai Metals Market2h
China's imports of EQ copper cathode have decreased!
Customs data shows that in May, both the volume and proportion of China's imports of copper cathode from countries that ...
Shanghai Metals Market5m
Aluminum prices continue to decline, with a clear mindset of refusing to budge on prices in Jiangxi region [Daily Review of Aluminum Scrap]
Today, the quoted prices for baled UBC aluminum scrap are concentrated in the range of 15,200-15,700 yuan/mt (tax not included), while the quoted prices for shredded aluminum tense scrap are ...
Shanghai Metals Market3h
Key Takeaways from Ni&Co Forum of Indonesia Critical Minerals Conference & Expo 2025
On June 5, 2025, the Ni&Co Forum of Indonesia Critical Minerals Conference & Expo 2025 successfully wrapped up in Jakarta, ...
Shanghai Metals Market7m
With Steel Mills' Profit of 100 Yuan per Ton and Low Inventory Levels, the Impact from Construction Steel Maintenance May Continue to Decline
According to the SMM survey, the impact from maintenance on construction steel declined slightly this week (6.21-6.27). Multiple steel mills resumed production on their construction steel rolling ...
Shanghai Metals Market7m
Market Sluggish Under High Backwardation Structure, Few Deals in Spot Market [SMM Yangshan Spot Copper]
Today, there were almost no transactions in the spot market. Both buyers and sellers postponed their pricing to QP August, and the market was extremely sluggish in the short term. The offers were ...
Shanghai Metals Market54m
No bright spots in downstream demand, molybdenum market in weak consolidation [SMM Molybdenum Daily Review]
Review: Ferromolybdenum Tenders Reappear at Low Prices as Downstream Off-Season Approaches] SMM reported on June 24: The overall molybdenum market performed weakly today, with insufficient end-use ...
Shanghai Metals Market1h
After Zijin Mining Acquired a Controlling Stake for Over 13.7 Billion, Zangge Mining's 4.5 Billion Lithium Carbonate Project Was Approved
Zangge Mining (000408) announced that its wholly-owned subsidiary, Zangge Mining Investment (Chengdu) Co., Ltd., through its controlled Tibet Ali Mamicuo Mining Development Co., Ltd., which is held by ...
Shanghai Metals Market2h
SMM Shanghai and other No.1 lead markets: SHFE lead fluctuated upward while the spot market discount expanded [SMM Midday Review]
SHFE Lead Fluctuates Upward, While Spot Market Discount Widens] SMM June 24 Report: In the Shanghai market, Chihong and Honglu lead are priced at 16,865-16,940 yuan/mt, quoted at a discount of 50-0 ...
Shanghai Metals Market2h
Guangdong Zinc: Center of Futures Market Moves Upward, Spot Premiums Decline Slightly [SMM Midday Review]
Futures Market Center Rises, Spot Premiums Decline Slightly] Mainstream transactions of 0# zinc in Guangdong ranged from 22,030 to 22,185 yuan/mt. Mainstream brands traded at a premium of 180 yuan/mt ...
Shanghai Metals Market2h
Shanghai Zinc: Limited market supply, traders continue to refuse to budge on prices [SMM Midday Review]
Limited Market Supply, Traders Continue to Refuse to Budge on Prices]: Today, mainstream transaction prices for 0# zinc were concentrated in the range of 22,170-22,275 yuan/mt, with Shuangyan zinc ...
Shanghai Metals Market2h
Both supply and demand in the market are weak, with sluggish spot cargo trading activity [spot copper in North China, SMM]
Today, in North China, spot #1 copper cathode traded at a discount of 200 yuan/mt to 140 yuan/mt against the front-month contract, with an average discount of 170 yuan/mt, a decrease of 20 yuan/mt ...
Shanghai Metals Market2h
Ningbo Zinc: Kylin Zinc Ingot Arrives, Spot Premiums Continue to Decline [SMM Midday Review]
Arrival of Qilin Zinc Ingots, Spot Premiums Continue to Decline] The transaction prices for mainstream 0# zinc brands in the Ningbo market ranged around 22,160-22,235 yuan/mt. The mainstream brands in ...