News

Shanghai Metals Market4h
Aluminum alloy will fluctuate rangebound in the short term[SMM analysis]
SMM Analysis]This week, the most-traded contract of cast aluminum alloy futures initially jumped and then pulled back, ...
Shanghai Metals Market4h
Pr-Nd Prices Rose Rapidly，Supported by Rigid Demand
Mainstream quotations for Pr-Nd oxide ranged from 495,000 to 497,000 yuan/mt, with an average price of 496,000 yuan/mt, up 17,000 yuan/mt MoM. Quotations for Pr oxide ranged from 513,000 to 518,000 ...
Shanghai Metals Market5h
Prices continue to rise, but trading volume shrinks; market shows high-level game [SMM Spot Magnesium Ingot Report]
SMM reported on July 24: Today, the ex-factory quotation for magnesium ingots in the Fugu area is 17,000-17,200 yuan/mt, with an average market price of 17,100 yuan/mt; the FOB quotation is ...
Shanghai Metals Market5h
Trade negotiations continue to advance, and zinc prices maintain a relatively strong trend [SMM zinc futures brief comment]
Zinc Prices Remain Strong Amid Continuous Progress in Trade Negotiations]: The most-traded SHFE zinc 2509 contract opened at 22,950 yuan/mt. After opening, SHFE zinc fluctuated around the daily ...
Shanghai Metals Market5h
Under the surplus pressure of titanium sponge supply, enterprises collectively cut production to stabilize prices [SMM Titanium Spot Cargo Bulletin]
Under the surplus pressure of titanium sponge supply, enterprises collectively cut production to stabilize prices] SMM reported on July 24 that today, the quoted price for Grade 0 titanium sponge was ...
Shanghai Metals Market6h
Risk of LME tin squeeze remains unresolved; the most-traded SHFE tin contract hits new high of 274,000 yuan [SMM tin futures brief comment]
LME Tin's Squeeze Risk Remains Unresolved, Most-traded SHFE Tin Contract Hits New High of 274,000 yuan/mt] Most-traded SHFE tin contract (SN2508): Closing price: 273,950 yuan/mt, surging 1.88% in a ...
Shanghai Metals Market6h
BC copper closed positive, rising slightly, while copper inventories continued to decline due to reduced arrivals [SMM BC Copper Commentary]
The SHFE copper 2508 contract closed at 79,520 yuan/mt. If based on the most-traded BC copper 2508 contract price of 70,660 yuan/mt, its after-tax price would be 79,845 yuan/mt. The price spread ...
Shanghai Metals Market5h
NIO Inc. hits production milestone of 800,000 mass-produced vehicles
Shanghai (Gasgoo)- On July 24, NIO Inc. ( " NIO ") marked a major production milestone with the rollout of its 800,000th mass-produced vehicle at the company ' s advanced manufacturing facility in ...
Shanghai Metals Market6h
After three and a half years! The Shanghai Composite Index closed above 3,600 points again, with over 4,300 stocks rising [Stock Market Review]
The rare earth sector led gains throughout the session, with Bao Gang United Steel, Chengxin Lithium, Zhong Ke San Huan, and Rising Nonferrous Metals hitting limit-up, while JL MAG Rare-Earth, China ...
Shanghai Metals Market6h
MMi Daily Iron Ore Report (July 24)
Today, Dalian iron ore futures fluctuated rangebound, with the most-traded contract I2509 closing at 811, down 0.55% for the day. Traders sold goods according to market conditions. Steel mills ...
Shanghai Metals Market7h
The mainstream transaction price of cobalt chloride is 63,000 yuan/mt
Currently, cobalt chloride enterprises are offering quotes at 63,000-64,000 yuan/mt, with relatively sluggish market transactions. On the supply side, smelters' quotes continue to rise; on the demand ...
Shanghai Metals Market7h
The Co3O4 market is sluggish, with prices holding steady
Currently, the quotes from Co3O4 enterprises range from 200,000 to 210,000 yuan/mt, with market transactions declining compared to before. On the supply side, some enterprises have begun to suspend ...