Metal8d
Raw Material Supply Tightens, High-Price Transactions in the Market Face Difficulties [SMM Tungsten Daily Review]
[SMM Tungsten Daily Review: Raw Material Supply Tightens, High-Price Transactions Face Challenges] Currently, tungsten prices remain stable and firm. As the Chinese New Year approaches, the mining ...
Metal14d
SHFE Tin Prices Consolidate at High Levels, Spot Market Transactions Remain Weak [SMM Tin Midday Review]
[SMM Tin Midday Review: SHFE Tin Prices Consolidate at High Levels, Spot Market Transactions Remain Weak] During the night session, the contract opened strongly at 249,800 yuan/mt, reflecting the ...
Metal14d
Chinese eVTOL aircraft manufacturer INFLYNC bags tens of millions of yuan in angel+ funding round
INFLYNC, a Chinese startup focusing on design and manufacturing of tilt-rotating ducted-wing electric vertical takeoff and landing (eVTOL) aircraft, recently announced the completion of its angel+ fun ...
Metal14d
MMi Daily Iron Ore Report (Jan 7)
Today, DCE iron ore futures continued to decline. The most-traded I2505 contract closed at 751.5 yuan/mt, down 2.21% for the day. Traders showed a relatively weak willingness to sell. Steel mills were ...
Metal14d
December Operating Rates of Copper Pipe & Tube Producers Meet High Expectations, Gradual Pullback Expected in January [SMM Analysis]
[SMM Analysis]: According to SMM data, the operating rate of copper pipe & tube enterprises in November was 82.94%, up 1.26 percentage points MoM and up 10.81 percentage points YoY. According to SMM ...
Metal15d
AutoNavi, Great Wall Motor inaugurate 'Mobility Joint Innovation Lab'
Chinese navigation service giant AutoNavi and Great Wall Motor (GWM) recently inaugurated their Mobility Joint Innovation Lab in Hebei Province. Beijing (Gasgoo)-Chinese navigation service giant ...
Metal15d
Aluminum Prices in December See Expanded Decline; High Costs Make ADC12 Prices More Likely to Rise Than Fall [SMM Analysis]
[SMM Analysis: Aluminum Prices Decline Sharply in December, High Costs Make ADC12 Prices More Likely to Rise Than Fall] Overall, in December, secondary aluminum alloy prices, supported by aluminum ...
Metal15d
Aluminum Prices Narrowly Adjust; Secondary Aluminum Prices Fluctuate Relatively Small [ADC12 Price Daily Review]
【Daily Review of ADC12 Prices】Today, aluminum prices fluctuated rangebound around 19,600 yuan/mt. SMM A00 aluminum prices increased by 10 yuan/mt from yesterday to 19,640 yuan/mt, while secondary ...
Metal15d
Downstream Bearish Sentiment Intensifies, Spot Market Falls into Wait-and-See Mode [SMM Spot Aluminum Midday Review]
During this morning's session, the most-traded SHFE aluminum contract fluctuated around 19,650 yuan/mt, with the center of the futures market shifting to around 19,620 yuan/mt in the second trading ...
Metal15d
Aluminum Prices Remain Stable, Aluminum Scrap Market Calm [Daily Aluminum Scrap Review]
Today, aluminum prices halted their decline and remained relatively stable. SMM A00 spot aluminum prices closed at 19,640 yuan/mt, up 10 yuan/mt from the previous trading day. The aluminum scrap ...
Metal15d
Trading Activity Shows Mediocre Performance, Spot Premiums/Discounts Remain Stable [SMM North China Spot Copper]
Today, spot copper in North China was quoted at a discount of 100-40 yuan/mt against the front-month contract, with an average discount of 70 yuan/mt, unchanged from the previous trading day.
Metal15d
SMM refined nickel social inventory slightly dropped last week
Last week, SMM refined nickel inventory across six major regions totaled 40,219 mt, down 950 mt WoW. Last week, SMM refined nickel inventory across six major regions totaled 40,219 mt, down 950 mt WoW ...