Metal12h
2024 Zinc Futures and Spot Prices Surge Over 18% as Supply-Demand Imbalance Intensifies; Will It Improve in 2025? [Annual Review]
SMM, January 7: Unlike the low-level fluctuating trend of zinc prices in 2023, zinc prices in 2024 fluctuated upward under ...
Metal12h
Spot Silicon Metal Transactions Face Challenges Under Pressure from Low Futures Prices [SMM Silicon Daily Review]
Review: Spot Transactions for New Orders of Silicon Metal Face Challenges Amid Low Futures Prices] Silicon prices in east China slightly declined. Standard #553 silicon metal in east China was priced ...
Metal12h
Sponge Titanium Price Adjustment Letters Issued at the Beginning of the Month: What Is the Market Outlook? [SMM Spot Titanium Bulletin]
SMM January 17 News: Recently, the price of Grade 1 sponge titanium has shown a tentative upward trend, with mainstream quotations at 46,000 yuan/mt-47,000 yuan/mt. Some sponge titanium producers have ...
Metal12h
December Operating Rates of Copper Billet Producers Rose Consecutively Amid Peak Season Effect and Tariff Concerns [SMM Analysis]
According to SMM, the operating rates of copper billet producers in December 2024 stood at 54.91%, up 1.23% MoM. Specifically, the operating rate of large enterprises was 58.68%, medium-sized ...
Metal13h
US Dollar Index Decline Boosts Copper Prices, BC Most-Traded Copper Contract Strengthens [SMM BC Copper Commentary]
Today, the most-traded BC copper 2502 futures contract opened at 66,390 yuan/mt, closing with a bearish candlestick. The lower shadow pierced through the Bollinger mid-band and crossed the 20-day and ...
Metal13h
Off-Season Demand Remains Weak, SHFE Aluminum to Maintain Fluctuating Trend in the Short Term [SMM Aluminum Futures Brief]
Today, the most-traded SHFE aluminum 2502 contract opened at 19,630 yuan/mt, with an intraday high of 19,725 yuan/mt and a low of 19,615 yuan/mt, closing at 19,680 yuan/mt, up 0.05%. Trading volume ...
Metal11h
Downstream Stocking Willingness Falls Short of Expectations; NPI Market Transactions Remain Sluggish [NPI Daily Review]
[SMM Daily Review: Downstream Stockpiling Intention Falls Short of Expectations, NPI Market Transactions Remain Sluggish] January 7—The SMM 8-12% high-grade NPI average price stood at 935 yuan/mtu (ex ...
Metal13h
Schaeffler sets up wholly-owned subsidiary in China for hydrogen-related businesses
Shanghai (Gasgoo)- On January 6, 2025, Schaeffler signed a framework cooperation agreement with the local government of Anting Town, Jiading District, Shanghai, to establish a wholly-owned subsidiary, ...
Metal10h
December Operating Rates of Copper Pipe & Tube Producers Meet High Expectations, Gradual Pullback Expected in January [SMM Analysis]
The Operating Rate of Copper Pipe & Tube in December Was 82.94% ...
Metal12h
The Market Is Generally Bearish, and Iron Ore Prices Continue to Drop Slightly [SMM Commentary]
Today, iron ore futures continued to drop slightly. The most-traded I2505 contract closed at 750, down 1.38% for the day. Mainstream transaction prices remained stable compared to yesterday. According ...
Metal11h
Leapmotor's B10 adopts Qualcomm’s smart cockpit, intelligent driving platforms
The newly unveiled Leapmotor B10 will feature Qualcomm's fourth-generation Snapdragon® cockpit platform and Snapdragon® intelligent driving platform. Notably, the B10 will be one of the first vehicles ...
Metal14h
Year-End Construction Stagnation and Delivery Delays Cause December Aluminum Wire and Cable Operating Rate to Pull Back as Expected [SMM Analysis]
According to SMM statistics, the comprehensive operating rate of the domestic aluminum wire and cable industry in December 2024 was 51.01%, down 8.95% MoM and up 3.28% YoY from December 2023. Among ...