Metal14h
Market Prices for High-Nickel Pig Iron Steadily Increase, Supply and Demand Dynamics Drive Short-Term Upward Trend
This week, the high-nickel pig iron (NPI) market has seen a steady rise in prices. According to the latest data, the weekly ...
Metal11h
Chinese New Year Holiday Effect: The "Double-Edged Sword" of Secondary Lead Smelters' Inventory [SMM Analysis]
The Double-Edged Sword of Inventory for Secondary Lead Smelters During the Chinese New Year Holiday] SMM, February 7: During the Chinese New Year holiday, transactions in the battery scrap market ...
Metal11h
The Indonesian Ministry of Trade supports the plan to extend the export license for Freeport's copper concentrates.
According to Webstock Inc., citing Reuters on February 7, Indonesian Deputy Trade Minister Dyah Roro Esti stated on Friday that after conducting a cost-benefit analysis, the Indonesian Trade Ministry ...
Metal13h
Macro Disturbances Temporarily Eased, Lead Prices Next Week Expected to Focus on Fundamentals [SMM Weekly Lead Market Forecast]
Next week, there will be few significant macroeconomic data releases, mainly including the US January unadjusted CPI year-on-year, US January PPI year-on-year, and US January retail sales ...
Metal10h
ZF secures ASPICE L2 certification for parking project dedicated to ZEEKR's models
The obtained certification signifies that ZF's ZEEKR parking project has attained a high level of maturity and consistency in project management, process control, and quality assurance.
Metal14h
Port Inventory Is Expected to Decline, Iron Ore Prices May Fluctuate at High Levels [SMM Brief Comment]
DCE iron ore futures continued to fluctuate upward. The most-traded I2505 contract closed at 817, up 0.86% for the day. Traders sold goods based on market trends. Steel mills purchased as needed, with ...
Metal11h
Chinese new energy materials supplier Nanopore bags nearly 1 billion yuan in Series A+ financing
Shanghai (Gasgoo)- Chinese new energy materials supplier Yangzhou Nanopore Innovative Materials Technology Co., Ltd. (Nanopore) has completed its Series A+ funding, which raised for the company nearly ...
Metal11h
Bears Continue to Reduce Positions, SHFE Zinc Continues to Rise [SMM Zinc Futures Brief Review]
Bears Continue to Reduce Positions, SHFE Zinc Continues to Rise]: The most-traded SHFE zinc 2503 contract opened at 23,650 yuan/mt, with SHFE zinc fluctuating and dipping to 23,620 yuan/mt in early ...
Metal13h
February 7 Nickel Ore Inventory [SMM Port Nickel Ore Inventory]
As of February 7, 2025, nationwide port inventories of nickel ore continued destocking by 2 million wmt compared to January 24, 2025, reaching 8.086 million wmt. The total equivalent metal content was ...
Metal17h
Tight Spot Supply of Magnesium Ingots: How Will the Magnesium Market Perform After the New Year? [SMM Analysis]
According to SMM data, China's magnesium ingot production in January 2025 decreased by 4.9% MoM. This month's production decline in the magnesium ingot market was mainly due to production cuts by some ...
Metal13h
Enamelled Wire Industry Resumption Progress Bar: 50.4% Loaded [SMM Analysis]
After the Chinese New Year holiday, the enamelled wire industry resumed work and production as planned. SMM conducted a survey on the resumption and new orders status of 15 domestic enamelled wire ...
Metal13h
SMM China Rare Earth Market Daily on February 7
SMM China Rare Earth Market Daily] Today, the prices of mainstream rare earth products continued to rise rapidly. Most industry participants maintained strong bullish sentiment for the market outlook, ...