Metal16h
The Futures Market Fluctuates Downward, SiMn Alloy Spot Market Remains Temporarily Stable [SMM SiMn Alloy Futures Review]
Raw material side, alloy plants showed weak purchasing enthusiasm before the holiday, and the manganese ore market saw sluggish transactions. Spot side, most SiMn alloy plants showed weak willingness ...
Metal13h
Supply and Demand Stalemate Makes Magnesium Prices Hard to Change [SMM Magnesium Ingot Spot Report]
[SMM Magnesium Ingot Spot Bulletin: Supply and Demand Stalemate, Magnesium Prices Struggle to Rise or Fall] SMM reported on December 31 that the mainstream quotations of magnesium ingot smelting ...
Metal14h
Ore Ingot Supply-Demand Imbalance Stands Out; Primary Lead Production Records Negative Growth in 2024 [SMM Survey]
SMM, December 31: In November 2024, China's primary lead production continued its upward trend, increasing by 3.91% MoM and 9.55% YoY, reaching a record high for monthly production. From January to ...
Metal13h
Transactions Steadily Followed Up, Spot Titanium Prices Remained Stable Today [SMM Titanium Spot Bulletin]
[SMM Titanium Concentrate Spot Update: Sponge Titanium Prices Rose Today] SMM reported on December 16: The price of Grade 1 sponge titanium moved up tentatively, with mainstream quotations at 44,000 ...
Metal15h
Supply and Demand Remain Weak; Silicon Metal Production in December Down 18% MoM [SMM Analysis]
[Silicon Metal Production in December] According to SMM data, China's silicon metal production in December was 331,600 mt, down 73,100 mt MoM (a decrease of 18.1%) and down 5.2% YoY. The total ...
Metal15h
2024 SHFE Spot Copper: A Year Struggling to Hold Up Under the Pressure of Absolute Copper Prices [SMM Analysis]
The last trading day of 2024 ended on December 31, with SHFE spot copper closing at an average discount for the year, breaking the premium trend of the past seven years.
Metal18h
The Macro Sentiment Is Overall Bearish, and the Most-Traded BC Copper Contract Opened Low and Trended Downward [SMM BC Copper Commentary]
Macro Sentiment Overall Bearish, BC Copper Most-Traded Contract Opened Low and Fell] SMM reported on December 31: Today, the most-traded BC copper 2502 futures contract opened low and fell, starting ...
Metal16h
Copper Cathode Production Increased Significantly as Expected in December but Will Decline Again in January [SMM Analysis]
[SMM Analysis: December Copper Cathode Production Increased Significantly as Expected but Will Decline Again in January] In December, SMM China's copper cathode production was up 90,400 mt MoM (8.99%) ...
Metal14h
AESC signs agreement for battery factory's phase II in Cangzhou, Hebei Province
On December 29, 2024, battery manufacturer AESC signed the Phase II agreement with the Cangzhou Municipal Government for its battery super factory project in Cangzhou, Hebei Province.
Metal17h
Silicon Metal (Si≥97%) Year-End Market Sentiment Pessimistic, Producers Expected to Switch Production [SMM Analysis]
Year-End Market Sentiment Pessimistic, Manufacturers Expected to Shift Production] As the year-end approaches, the silicon metal (Si≥97%) market is performing worse than the same period last year.
Metal19h
December Official Manufacturing PMI Remains in Expansion; SHFE Zinc Expected to Hover at Highs [SMM Zinc Futures Brief]
Official Manufacturing PMI Remains in Expansion; SHFE Zinc Expected to Hover at Highs]: The most-traded SHFE zinc 2502 contract opened at 25,260 yuan/mt. At the beginning of the session, with bulls ...
Metal14h
FAW Group exports around 125,000 vehicles in 2024, up 36.2% YoY
In 2024, Chinese automaker FAW Group realized an export volume of around 125,000 vehicles, representing 36.2% year-on-year jump. Beijing (Gasgoo)- In 2024, Chinese automaker FAW Group realized an ...