Shanghai Metals Market3m
Copper inventories in major regions across the country decreased by 9,000 mt during the week [SMM Weekly Data]
[SMM Weekly Data on Copper Inventories in Major Regions] As of Thursday, March 6, SMM copper inventories in major regions across China decreased by 9,000 mt from Monday to 368,000 mt, down by 8,100 mt ...
Shanghai Metals Market4h
The Global Palladium Innovation Application Contest Is Now Open for Registration
The inaugural Global Palladium Innovation Application Competition has officially commenced, with a total prize pool of ...
Shanghai Metals Market10m
The Center of the High-Grade NPI Market Shifts Upward, Prices May Still Fluctuate Upward in the Short Term [NPI Daily Review]
[SMM Daily Review: High-Grade NPI Market Center Shifts Upward, Prices May Fluctuate Upward in the Short Term] March 7—The SMM 8-12% high-grade NPI average price was 992.5 yuan/mtu (ex-factory, tax ...
Shanghai Metals Market27m
Destocking Was Significant in Tianjin; Silicon Metal Social Inventory Down WoW [SMM Silicon Inventory]
SMM: Significant Destocking in Tianjin Region, Silicon Metal Social Inventory Down WoW] According to SMM statistics, as of March 7, the total national social inventory of silicon metal stood at ...
Shanghai Metals Market35m
Iron Ore Inventory Drops Significantly, Supporting Ore Prices to Strengthen from Weakness [SMM Commentary]
Dalian iron ore futures fluctuated repeatedly, with the most-traded I2505 contract finally closing at 774 yuan/mt, up 0.19% for the day. Traders remained less motivated to sell; steel mills conducted ...
Shanghai Metals Market35m
Ferrochrome Tender Price Remains Stable; Divergence in Supply and Demand Prices Awaits Resolution [SMM Analysis]
Ferrochrome Tender Price Remains Stable, Divergence in Supply and Demand Prices Awaits Resolution] Recently, Tsingshan Group announced the March tender price for high-carbon ferrochrome, set at 6,995 ...
Shanghai Metals Market1h
Aluminum Fluoride Raw Material Costs Rebound; Short-Term Recovery Possible but Long-Term Trend Remains Weak [SMM Analysis]
Aluminum Fluoride Raw Material Costs Rebound, Short-Term Recovery Possible but Long-Term Trend Remains Weak] During the period, raw material costs continued to ease, and transaction activity among ...
Shanghai Metals Market1h
Futures and Spot Both Gaining Momentum, Stainless Steel Market Active and Rising [SMM Stainless Steel Spot Daily Review]
Futures and Spot Prices Rise Together, Stainless Steel Market Active and Upward] SMM reported that the stainless steel market was active this week, with prices rising and transactions improving. The ...
Shanghai Metals Market1h
March Prebaked Anode Prices Surge, Next Month's Prices May Decline with Weaker Raw Materials [SMM Analysis]
SMM prebaked anode prices increased significantly. The March 2025 procurement benchmark price of a certain aluminum smelter in Shandong was 5,066 yuan/mt, up 23.26% MoM. According to SMM, March ...
Shanghai Metals Market1h
Real Demand Faces Challenges, Limited Short-Term Fluctuation in Steel Prices [SMM Steel Industry Chain Weekly Report]
Forecast for Next Week:Real Demand Faces Challenges; Limited Upside and Downside for Steel Prices in the Short Term ...
Shanghai Metals Market2h
The First Coil of Steel for NEVs from Angang's Newly Built Rolling Mill Successfully Rolled Off the Production Line!
On February 26, the first coil of NEV steel produced by the newly built No. 3 twenty-high rolling mill at Ansteel Co., Ltd.'s Cold Rolled Silicon Steel Plant successfully rolled off the production ...
Shanghai Metals Market2h
Stainless Steel Products Strengthen, Driving Up Stainless Steel Scrap; Raw Material Economic Advantage Gradually Lost [SMM Analysis]
Stainless Steel Finished Products Strengthen, Driving Up Stainless Steel Scrap, Raw Material Cost Advantage Gradually Lost] This week, the price of 304 stainless steel scrap off-cuts in east China ...