In terms of consumption, there is still a lag in the transmission of terminal orders to the upstream sector. Orders for ...

SMM data shows that the most-traded SS contract weakened this week. As of 10:30 a.m. on May 30, the SS2507 contract was quoted at 12,700 yuan/mt, down 195 yuan/mt WoW.

SMM Analysis] It cannot be ignored that the shortage of copper concentrates has gradually been transmitted to copper cathode. In the first half of 2024, there were continuous reports of production ...

[SMM Daily Review: Market Sentiment Leans Towards Wait-and-See, Short-Term High-Grade NPI Prices Remain Stable] On May 30, the average price of SMM 8-12% high-grade NPI was 954 yuan/mtu (ex-factory, ...

Based on current market conditions, SMM expects rare earth mining quotas to reach 270,000 mt in 2025, remaining flat YoY.

Warning of Simultaneous Decline in Volume and Price Amid Sluggish Stainless Steel Demand] SMM reported on May 30 that today, the SS futures market continued its fluctuating trend. Despite the ...

The latest data shows that after the global tariff issues have cooled down, particularly with the easing of trade relations between the two largest economies, cross-Pacific shipping trade continues to ...

Recently, SMM has learned that there has been a new breakthrough in hydrogen energy technology: the amount of iridium used in PEM electrolyzers has dropped by 70%, and the new-type catalyst developed ...

DCE iron ore futures continued to trade in the doldrums, with the most-traded contract I2509 closing at 702, down 0.43% for the day. Traders' willingness to sell was moderate; steel mills' restocking ...

SMM Analysis] In May, Shanghai spot copper premiums jumped initially and then pulled back, rapidly retreating after briefly touching premiums above 400 yuan/mt. Before the contract rollover of SHFE ...

Tianhe Magnetics previously released its Q1 2025 report, which showed that during the reporting period, the company achieved operating revenue of 525 million yuan, down 5.75% YoY; net profit ...

This week, the stainless steel market saw a pattern where production costs and spot prices declined in tandem. Despite a slight increase in the price of high-grade NPI, the prices of high-carbon ...