Metal3m
Shanghai Zinc: Futures Market Continues to Rise, Spot Transactions Remain Weak [SMM Midday Review]
Futures Market Continued to Rise, Spot Transactions Were Poor] Today, the mainstream transaction prices of 0# zinc were concentrated at 23,690-23,990 yuan/mt, with no quotations for Shuangyan. The ...
Metal8m
Copper Prices Continue to Rise, Demand Outlook Remains Uncertain [SMM North China Spot Copper]
Today, spot copper in North China was quoted at a discount of 340-220 yuan/mt against the front-month contract, with an average discount of 280 yuan/mt, down 20 yuan/mt from the previous trading day.
Metal13m
Mid-to-Late Month B/L Offers Remain Firm, USD Copper Market Significantly Active at the Beginning of the Year [SMM Yangshan Spot Copper]
Currently, the actual transaction price for pyro high-quality copper warehouse warrants is $73/mt, mainstream pyro $66/mt, and wet-process $59/mt; high-quality copper B/L is $65/mt, mainstream pyro ...
Metal17m
Demand Gradually Recovers, Spot Premiums Steadily Rise, but High Inventory Still Limits the Increase [SMM South China Spot Copper]
Today, spot #1 copper cathode in Guangdong was quoted at a discount of 270 yuan/mt to parity against the front-month contract, with an average discount of 135 yuan/mt, up 30 yuan/mt from the previous ...
Metal22m
Secondary Lead: Average Transaction Performance; Refined Lead Ex-Factory Prices Show Discounts [SMM Lead Midday Review]
Review: Average Transactions, Refined Lead Ex-Factory Prices Show Discounts] SMM reported on February 7: Today, the SMM 1# lead average price dropped by 25 yuan/mt compared to yesterday, reaching ...
Metal46m
Post-Holiday Market Trading Continues to Recover, but Inventory Buildup Still Limits Premium Space [SMM Spot Aluminum Midday Review]
[SMM Spot Aluminum Midday Review: Post-Holiday Market Trading Continues to Recover, but Inventory Buildup Still Limits Premium Space] ...
Metal46m
Burley Minerals of Australia Explores CID Iron Ore in the Pilbara Region
On January 29, 2025, Burley Minerals Limited submitted an announcement to the Australian Securities Exchange (ASX), primarily detailing the latest exploration progress and results of its wholly-owned ...
Metal1h
The beneficiation plant of Bensteel Mining achieved a good start in production in the first month of the year.
In January, the Nanfen Beneficiation Plant of Bensteel Group Mining made every effort to ensure safe production and equipment operation, achieving an iron ore concentrates production of 441,578 mt, ...
Metal1h
DeepSeek: The Impact of the US Imposing a 10% Tariff on China's Steel Industry and Iron Ore Market
The impact of the US imposing a 10% tariff on China on the Chinese iron ore market can be analyzed from the following aspects: ...
Metal1h
China-U.S. Trade Tensions Resurface: Uncertainty Looms Over Secondary Copper Raw Material Imports [SMM Analysis]
Tracing back to 2018, during the US-China trade dispute, imports of secondary copper raw material from the US were affected and subjected to a 25% tariff hike. However, the reduction in import volume ...
Metal1h
SMM Morning Comment For SHFE Base Metals (Feb 7)
Overnight, LME copper opened at $9,325.5/mt, then shifted lower, fluctuating rangebound in early trading. It continued to decline during the session, bottoming at $9,258.5/mt, before slightly ...
Metal1h
Henan Anyang Steel Adjusts Steel Scrap Purchase Price on February 7
【Anyang Steel Scrap Price Adjustment】To all steel scrap suppliers, starting from February 7, Anyang Steel's steel scrap purchase prices remain unchanged. Specific prices are subject to the steel ...