Overnight, LME copper opened at $9,084.5/mt, initially declined to a low of $9,056.5/mt, fluctuated widely during the session ...
Today, spot copper cathode in North China was quoted at a discount of 130-90 yuan/mt against the front-month contract, with an average discount of 110 yuan/mt, up 20 yuan/mt from the previous trading ...
This week (1.3-1.9), the operating rate of SMM copper wire and cable enterprises was 69.31%, down 8.59 percentage points MoM, 9.1 percentage points lower YoY (24.1.5-24.1.11), and 9.24 percentage ...
Review: SHFE Tin Prices Slightly Rebound as Downstream Enterprises Await Better Restocking Opportunities] On the morning of January 10, 2025, the SHFE tin 2502 contract in the futures market showed ...
On January 7, 2025, according to foreign media reports, the Indian Ministry of Steel proposed the merger of India's largest iron ore trader, National Mineral Development Corporation (NMDC), with ...
Regarding raw material inventories, enterprises in east China restocked at lower prices, supporting destocking in the region. SMM will continue to monitor downstream demand and enterprise holiday ...
Russia's iron ore reserves are extremely abundant, with proven reserves of approximately 25 billion mt, accounting for 16.5% of the world's total reserves, ranking third globally.
Vale and GreenIron will collaborate to establish an iron ore supply chain through a direct reduction facility in Brazil, advancing green hydrogen-based iron production for the European market.
【Anyang Steel Scrap Price Adjustment】To all steel scrap suppliers, starting from January 10, Anyang Steel will lower the steel scrap purchase price by 40 yuan/mt. The specific prices are subject to ...
This week, the weekly operating rate of alumina continued to increase slightly, while demand remained relatively stable. With reports of low-price transactions gradually emerging in the market, some ...
[SMM Lead Morning Meeting Summary: The Impact of Chinese New Year on the Market Will Intensify, Lead Prices May Fluctuate Downward] Next week marks the delivery date for the SHFE lead 2501 contract, ...
Under the guidance of the "Belt and Road" Initiative, China-Africa economic and trade cooperation has become increasingly close, facilitating the exchange of high-quality African mineral products and ...