News

Shanghai Metals Market4h
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 Market3h
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 Market16m
Limited increase in SiMn demand, spot price struggles to rise [SMM Manganese Ore Daily Review]
SMM Manganese Ore Daily Review] Limited Increase in SiMn Demand, Spot Prices Struggle to Rise Demand side, the supply surplus in the SiMn market has not been effectively improved. The increase in ...
Shanghai Metals Market27m
Center of aluminum price pulls back, with limited recovery in market transactions [SMM Spot Aluminum Midday Review]
Aluminum Price Center Pulls Back, Market Transaction Recovery Limited] SMM News on June 24: In the morning session, the center of the front-month contract for SHFE aluminum fell to around 20,350 ...
Shanghai Metals Market35m
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 Market37m
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 Market37m
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 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 Market1h
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 Market18h
Net Imports of Primary Aluminum Plunged Nearly 20% MoM in May, with Actual Transactions Weakening During Off-Season Demand [SMM Analysis]
Net Imports of Primary Aluminum Plummeted Nearly 20% MoM in May, Weakening Actual Transactions During Off-Season Demand] In ...
Shanghai Metals Market19h
How could a Strait of Hormuz Blockade Disrupt the Global Aluminium Market? [SMM Analysis]
Once the Strait is blocked, the impact on aluminium ingot exports is self-serving. However, for raw materials, smelters ...
Shanghai Metals Market4h
US Fed's Goolsbee: Tariff impact is smaller than expected, and interest rate cuts may continue
Earlier that day, the Fed's new Vice Chair for Supervision, Michelle Bowman, also said that if inflationary pressures remain manageable, she supports lowering the policy interest rate as early as the ...