Metal6m
Inventory Continues Destocking as Suppliers' Sentiment to Stand Firm on Quotes Strengthens [SMM Spot Aluminum Midday Review]
[SMM Spot Aluminum Midday Review: Inventory Continues Destocking, Suppliers' Sentiment to Stand Firm on Quotes Strengthens] ...
Metal5h
US Dollar Index Heats Up Again, Copper Prices Face Resistance in Uptrend [SMM Copper Morning Meeting Summary]
Overnight, LME copper opened at $9,020.5/mt, initially moved downward into a rangebound fluctuation, hitting a low of ...
Metal39m
Copper inventories in major regions across the country decreased by 10,100 mt during the week [SMM Weekly Data].
Data on Copper Inventories in Major Regions] As of Thursday, January 9, SMM copper inventories in major regions across China decreased by 10,100 mt to 105,700 mt compared to Monday, down by 8,600 mt ...
Metal26m
Hudbay Minerals Plans to Invest $210 Million to Expand Its Constancia Copper Mine
Hudbay Minerals Plans $210 Million Expansion of Its Constancia Copper Mine According to mining.com, Canadian miner Hudbay Minerals (TSX, NYSE: HBM) is seeking permits to expand its Constancia copper ...
Metal39m
High Prices Make Transactions Difficult in the Market, Spot EMM Drops Slightly [SMM Daily Review on Electrolytic Manganese]
High-Price Transactions Challenging, Spot EMM Prices Drop Slightly] The average spot price of EMM in major production areas was 12,300-12,400 yuan/mt, down 50 yuan/mt MoM; the average FOB price ...
Metal48m
Profits of Magnesium Ingot Smelting Enterprises Sharply Decline in 2024: Is It the End of the Road or a Turning Point? [SMM Analysis]
[SMM Analysis: Will the Profits of Magnesium Ingot Smelting Enterprises Sharply Decline in 2024, Signaling a Dead End or a Turning Point?] Domestic magnesium prices remain stable. As of the time of ...
Metal1h
Shanghai Zinc: Increased Market Shipments by Traders, Spot Premiums Decline [SMM Midday Review]
Increased Market Supply from Traders, Spot Premiums Declined] Today, mainstream transaction prices for 0# zinc were concentrated at 24,725-24,925 yuan/mt, with Shuangyan traded at 24,795-24,975 ...
Metal1h
Ningbo Zinc: Downstream Orders Weaken, Market Transactions Moderate [SMM Midday Review]
Downstream Orders Weaken, Market Transactions Are Moderate] The transaction price of mainstream 0# zinc brands in the Ningbo market was around 24,645-24,825 yuan/mt. Regular brands in Ningbo quoted a ...
Metal2h
Secondary Lead: After Lead Prices Declined, Suppliers' Willingness to Sell Dropped Simultaneously Due to Low Inventory [SMM Lead Midday Review]
Review: Lead Prices Declined, Suppliers' Willingness to Sell Dropped Due to Limited Inventory] SMM, January 9: Today, the SMM 1# lead average price fell by 175 yuan/mt compared to yesterday, reaching ...
Metal1h
Three Gorges Energy 8GW PV Module Supervision Tender
China Three Gorges Energy initiated the bidding announcement for the 2025 8GW PV module supervision service project, providing services such as equipment supervision and laboratory detection for ...
Metal2h
Guangdong Zinc: Downstream Purchase Willingness Gradually Weakens, Overall Spot Zinc Transactions Remain Average [SMM Midday Review]
Downstream Purchase Willingness Gradually Weakens, Overall Spot Market Transactions Remain Moderate] SMM January 9 News: Mainstream transactions of Guangdong 0# zinc were at 24,515-24,715 yuan/mt.
Metal2h
Late-Month Arrivals See Improved Transactions, U.S. Dollar Spot Copper Price Center Stabilizes [SMM Yangshan Spot Copper]
Currently, the actual transaction price for pyro high-quality copper warehouse warrants is $80/mt, mainstream pyro $73/mt, and wet-process $66/mt; high-quality copper B/L is $72/mt, mainstream pyro ...