Metal28m
Outflows from Warehouses Increased in Some Regions, Social Inventory of Silicon Metal Decreased [SMM Silicon Inventory]
Overnight, LME zinc prices opened at US$2,581/ton and reached a low of US$2,567/ton during the period. During the European trading session, LME zinc prices moved up and hit a high of US$2,605.5/ton, ...
Metal41m
Demand for construction steel cooled in November, while steel demand from manufacturing sector remained steady
The PMI composite index for domestic steel downstream sectors in November 2024 was 49.94, down 0.42 MoM, and up 0.93 YoY.
Metal23m
Demand Support Remains Weak: How Will Rare Earth Prices Trend? [SMM Analysis]
Last week, rare earth market prices fluctuated rangebound. Pr-Nd oxide rose to 412,000-415,000 yuan/mt, an increase of 0.85%; dysprosium oxide fell to 1.66-1.67 million yuan/mt, a decrease of 1.77%; ...
Metal41m
In 2024, the production of aluminum alloy remelting billets plummeted by 18%. What is the market outlook for 2025? [SMM Analysis]
In November, an SMM survey of domestic remelting billet enterprises (remelting billets: produced using only aluminum scrap or ingots, without liquid aluminum; aluminum scrap content between 90-100%) ...
Metal45m
Aluminum Rod Demand Gradually Recovers MoM, Downstream Aluminum Wire and Cable Operating Rates May Fall in December [SMM Analysis]
Last week, the operating rate of leading domestic aluminum wire enterprises recorded 71.6%, with no significant changes in overall operations.
Metal56m
Supply-Demand Imbalance Exists, Lead Price Upside Room Still Needs Attention to Consumption [SMM Lead Morning Comment Dec 3]
Overnight, the most-traded SHFE lead 2501 contract opened at 17,635 yuan/mt. Bulls entered the market at the beginning of the session, pushing SHFE lead to a strong upward surge, reaching a ...
Metal59m
Aluminum Inventory Trend Seem Unclear: Will Year-End Inventory Buildup Be Delayed? [SMM Analysis]
Last week, although aluminum prices remained weak, the most-traded SHFE aluminum contract consistently stabilized above the 20,000 mt mark, providing confidence for market buyers to restock at lower ...
Metal55m
SMM Morning Comment For SHFE Base Metals On December 3
Futures Market: On December 2, SHFE nickel prices fluctuated downward in the morning and then slightly rebounded. The midday closing price fell by 1,480 yuan/mt to 125,690 yuan/mt, a decrease of 1.16% ...
Metal1h
SMM Copper Inventories in Major Regions Nationwide Increased by 5,700 mt Over the Weekend [SMM Weekly Data]
As of Monday, December 2, SMM copper inventories in major regions nationwide increased by 5,700 mt compared to last Thursday, reaching 143,200 mt.
Metal1h
SHFE Tin Prices Held Steady in Night Session, Spot Market Trading Remained Sluggish [SMM Tin Morning Brief Dec 3]
Overnight, LME zinc prices opened at US$2,581/ton and reached a low of US$2,567/ton during the period. During the European trading session, LME zinc prices moved up and hit a high of US$2,605.5/ton, ...
Metal1h
The Most-Traded Stainless Steel Futures Contract Falls to Four-Year Low, Expected to Remain at Low Levels [SMM Analysis]
Overnight, the most-traded SHFE 2403 aluminium contract opened at 18,745 yuan/mt, with high and low at 18,760 yuan/t and 18,665 yuan/mt before closing at 18,700 yuan/mt, down 65 yuan/mt or 0.35%.
Metal1h
Inventory Performance Better Than Expected in Early December, Short-Term Market Sentiment Eases [SMM Aluminum Morning Meeting Summary Dec 3]
Overnight, the most-traded SHFE aluminum 2501 contract opened at 20,380 yuan/mt, reached a high of 20,460 yuan/mt, a low of 20,370 yuan/mt, and closed at 20,435 yuan/mt, up 50 yuan/mt or 0.25% from ...