News

Shanghai Metals Market10m
The Sentiment in Rare Earth：Another Reason for Rising Price
Strong price signals: Within a week, rare earth metals from top-tier enterprises were "sold out instantly" twice at auction, ...
Shanghai Metals Market2m
Multiple driving forces boosted copper prices in H1. Can they continue to rise in H2? [SMM Special Report]
From the changes in LME copper cathode inventory data, the LME copper inventory on June 30 was 90,625 mt, a decrease of 180,725 mt compared to the inventory data of 271,350 mt on January 2, ...
Shanghai Metals Market5h
GE Vernova Signs Long-Term Service Agreement for Asia's First Natural Gas-Hydrogen Dual-Fuel 9HA Power Plant
As the first natural gas-hydrogen dual-fuel 9HA power plant in mainland China, the Huizhou Daya Bay Project ordered two ...
Shanghai Metals Market29m
Expectations dashed and rumors of production restrictions suppress iron ore prices, moving downwards after a higher opening [SMM Commentary]
Market news indicated that Zhao Minge, President of the China Iron and Steel Association, stated that China would continue to implement crude steel production control policies in 2025, with relevant ...
Shanghai Metals Market35m
The market is mostly waiting and watching, with SHFE zinc fluctuating and consolidating [SMM zinc futures brief comment]
The most-traded SHFE zinc 2509 contract opened at 22,735 yuan/mt. In the early trading session, bulls reduced their positions, causing SHFE zinc to fluctuate downward below the daily average line.
Shanghai Metals Market52m
The SiMn futures market fluctuated downward, with market reluctance to budge on prices remaining strong [SMM manganese-silicon futures review]
Cost side, the manganese ore market has continued to strengthen recently, with quoted prices gradually rising. Traders have shown low willingness to sell at low prices, and various types of manganese ...
Shanghai Metals Market58m
Nude Corporation: Currently, the company's development of high-end standard copper foil has passed the certification of some downstream customers.
Nude Corporation mentioned its business plan in its 2024 annual report: ...
Shanghai Metals Market26m
Li Auto's first all-electric SUV hits market, starting at 321,800 yuan
Shanghai (Gasgoo)- On July 29, Chinese new energy vehicle maker Li Auto officially launched the Li i8, its first all-electric SUV, onto the market, coming with three trim levels priced from 321,800 ...
Shanghai Metals Market1h
In July 2025, China's SMM-assessed antimony ingot production fell sharply again by over 20% MoM [SMM data]
According to SMM's assessment, China's antimony ingot (including antimony ingot, crude antimony conversion, antimony cathode, etc.) production in July 2025 saw a significant MoM decline of over 20% ...
Shanghai Metals Market1h
In July 2025, China's SMM-assessed production of antimony ingot is expected to decline significantly by approximately 24.5% MoM [SMM data]
According to SMM's assessment, China's antimony ingot (including antimony ingot, crude antimony conversion, antimony cathode, etc.) production in July 2025 saw a significant MoM decline of over 20% ...
Shanghai Metals Market2h
The buyer counter-offered to drive down prices, and the intraday premiums continued to decline [SMM Yangshan spot copper]
The market was relatively more active today compared to yesterday, but buyer counteroffers were low, driving down prices, and market transactions remained poor. Sellers continued to hold onto their ...
Shanghai Metals Market1h
The spot market recovered briefly, but it was still difficult to find offers for B/L [SMM Yangshan spot copper]
The market recovered during the day. After the premium declined, the buyer's purchase willingness increased slightly. However, B/L offers were still hard to find, and the buyers were downstream ...