Metal2h
LME Copper Dropped Back Slightly on Friday; US Dollar Rebound May Pressure Copper Prices [SMM Copper Morning Meeting Summary]
Copper Prices Maintained Fluctuating Trend Overnight as Market Awaits Further Guidance] Last Friday evening, LME copper ...
Metal9m
SHFE/LME Price Ratio Remains Low, Warehouse Warrant Prices Decline, Buyer Demand Weak, Transactions Rare [SMM Yangshan Spot Copper]
Currently, the actual transaction price for pyro high-quality copper warehouse warrants is $46/mt, mainstream pyro at $40/mt, and wet-process at $34/mt. High-quality copper B/L is priced at $60/mt, ...
Metal25m
Shanghai Zinc: Futures Market Fluctuates at High Levels, Trading Remains Average [SMM Midday Review]
Futures Market Fluctuated at High Levels, Transactions Remained Moderate] Today, the mainstream transaction prices of 0# zinc were concentrated at 23,880-24,055 yuan/mt, with Shuangyan traded at ...
Metal27m
Ningbo Zinc: More Traders Selling, Premiums Continue to Decline [SMM Midday Review]
The mainstream transaction price of #0 zinc ingot in the Ningbo market was around 23,890-24,045 yuan/mt. Conventional brands in Ningbo quoted a discount of 25 yuan/mt against the 2503 contract and on ...
Metal2h
Steel Scrap Purchase Price Adjustment by Anyang Iron & Steel in Henan on February 24
【Anyang Steel Scrap Price Adjustment】To all steel scrap suppliers, starting from February 24, Anyang Steel's steel scrap purchase prices remain unchanged. Specific prices are subject to the steel mill ...
Metal2h
Secondary Lead Enterprises See Increase in Production Data, Cost Support May Extend Lead Price Consolidation Trend [SMM Lead Morning Meeting Summary]
Increase in Secondary Lead Production Data May Sustain Lead Price Consolidation Due to Cost Support] The spread between futures and spot prices for lead widened WoW. Even after the delivery of the ...
Metal2h
Insufficient Release of Downstream End-Use Demand Puts Pressure on Nickel Prices. [SMM Nickel Morning Meeting Summary]
Meeting Summary] Last week, nickel prices overall fluctuated downward, with spot prices ranging between 123,200-127,300 yuan/mt, while SHFE nickel futures prices fluctuated between 123,300 yuan/mt and ...
Metal2h
Upstream weekly recap: METLEN secures long-term bauxite supply deal with Rio Tinto; NALCO unveils ambitious INR 30,000 crore expansion strategy
In a significant development, Larsen & Toubro (L&T), India’s largest listed infrastructure firm, has announced that its Minerals & Metals (M&M) business vertical has secured a major contract from ...
Metal2h
Alumina Transaction Prices Rebound Slightly, Overseas Alumina Prices Decline Further [SMM Morning Comment on Alumina]
Spot-Futures Price Spread Daily Report: According to SMM data, on February 21, the SMM alumina index showed a discount of 96 yuan/mt against the most-traded contract's latest transaction price at ...
Metal2h
Lead-Acid Battery Traditional Off-Season Is Expected to Arrive, Bulls Reduce Positions, SHFE Lead Closed Lower Overnight [SMM Lead Morning News]
Brief: Traditional Off-Season for Lead-Acid Batteries Expected, Bulls Reduce Positions, SHFE Lead Closed Lower Overnight] SMM, February 24: Last Friday, LME lead opened at $2,000/mt, fluctuated ...
Metal2h
Lithium Battery Recycling Expected to Reach 470,000 mt of Scrap by 2025: How Can Industry Standards Be Rectified?
Scrap Lithium Battery Recycling Expected to Reach 470,000 mt by 2025: How Can Industry Standards "Restore Order"?】With policy refinement, technological breakthroughs, and industry chain integration, ...
Metal2h
Polysilicon Inventory Is Expected to Continue Rising, While New Glass Order Prices Show an Upward Trend [SMM Silicon-Based PV Morning Meeting Summary]
In February, polysilicon production schedules slightly declined due to the impact of calendar days. In March, one enterprise is expected to undergo maintenance, but with the increase in calendar days, ...