Metal6m
Off-Season Demand Is Expected to Be Relatively High, Iron Ore Prices Drop Sharply [SMM Commentary]
Iron ore futures saw a significant decline today. The most-traded I2505 contract finally settled at 759.5 yuan/mt, down 2.63% from yesterday. Market trading sentiment was sluggish today. Transaction ...
Metal48m
Purchasing Sentiment Remains Sluggish, DMC Quotation Stable at the 13,000 Mark [SMM Analysis]
This week, silicone monomer producers maintained their quotes at 13,000 yuan/mt, but downstream market purchasing enthusiasm was relatively limited, resulting in low overall trading volume. The ...
Metal1h
US Dollar Index Hovered at High Levels, While the Most-Traded BC Copper Contract Fluctuated Rangebound [SMM BC Copper Commentary]
[SMM BC Copper Commentary: US Dollar Index Hovered at High Levels, BC Copper Most-Traded Contract Fluctuated Rangebound] SMM reported on December 27: Today, the most-traded BC copper 2502 contract ...
Metal1h
Lead Prices Plunge as Downstream Enterprises Restock at Lows; Profitability of Secondary Lead Smelters Declines [SMM Weekly Lead Review]
Orange alerts for heavy pollution weather in multiple regions have not yet been lifted, and secondary lead smelters affected by this have not fully resumed operations, resulting in limited finished ...
Metal1h
It Is Expected That China's Imports of Copper Concentrates from Africa and Indonesia Will Decrease Significantly by 2025 [SMM Analysis]
China's imports of copper concentrates and ores totaled 2.2445 million mt, down 3.0% MoM and down 8.1% YoY. From January to November, cumulative imports of copper ores and concentrates reached 25.6429 ...
Metal2h
Domestic Blister Copper RCs Weaken as Supply Is Expected to Tighten in January 2025 [SMM Analysis]
After entering December, blister copper RCs in south China fell below 1,000 yuan/mt again. In terms of supply, copper prices weakened, secondary copper raw material suppliers were reluctant to sell, ...
Metal9h
Futures Market Fluctuates at Low Levels, SiMn Alloy Market Remains Stable [SMM SiMn Alloy Futures Review]
[SMM SiMn Alloy Futures Review: Futures Market Fluctuates at Low Levels, SiMn Alloy Market Temporarily Stable] The SM2501 contract opened at 6,110 yuan/mt, fluctuated at low levels after the morning ...
Metal2h
Secondary Lead Operating Rate Remains Low; Recovery to Be Monitored Next Week [SMM Weekly Lead Review]
According to a survey by Shanghai Metals Market (SMM), the weekly operating rate of secondary lead in four provinces from December 21 to December 27 was 27.88%, ...
Metal2h
Market Faces Difficulty in High-Price Transactions, Pr-Nd Prices Drop Back Slightly [SMM Daily Review]
Review: High-Price Transactions Challenging in the Market, Pr-Nd Prices Dropped Back Slightly] Today, rare earth market prices experienced a slight correction overall. According to SMM data, the ...
Metal2h
Tungsten Market Prices Remain Stable as Sentiment Takes the Lead [SMM Tungsten Daily Review]
The downstream hard alloy market did not see a significant increase in procurement enthusiasm, keeping tungsten powder prices stable, with market circulation remaining steady.
Metal2h
Market Supply and Demand Remain Stable, Molybdenum Price Change Uncertain [SMM Molybdenum Daily Review]
Meanwhile, steel mills were still actively pursuing bidding and procurement of ferromolybdenum. However, breaking through the price threshold of 230,000 yuan/mt faced significant resistance. It is ...
Metal1h
Aluminum Ingot Inventory Falls Below 500,000 mt, But Inventory Buildup May Emerge Soon
Despite the off-season, the cancellation of export tax rebates, and disruptions from regional environmental protection-driven production restrictions, which caused the operating rate of downstream ...