News

Shanghai Metals Market13h
Jiangxi Kemeige New Materials Co., Ltd. Helps Create the "2026 China Copper Alloy Materials Sourcing Guide"
Jiangxi Kemige New Materials Co., Ltd., established in July 2019 with a registered capital of 100 million yuan, is located in ...
Shanghai Metals Market18h
SMM Proudly Unveils Upcoming Launch of Revamped Non-Ferrous Metal Database
To better serve our customers and enhance the efficiency of the SMM database, we will optimize and adjust the existing ...
Shanghai Metals Market4h
Futures market in the doldrums, spot price temporarily stable [SMM Manganese Silicon Futures Review]
Futures Market in the Doldrums, Spot Prices Remain Stable] The SM2509 contract opened at 5,590 yuan/mt, fluctuated downward after the morning session, and eventually closed at 5,530 yuan/mt, down 1.50 ...
Shanghai Metals Market5h
Stainless steel futures market declines, warrant and inventory fall, but spot cargo transactions remain sluggish [SMM Analysis]
This week, the stainless steel market has cooled significantly. The concentrated shipping activity driven by favourable macro front factors in the early stage has faded, coupled with the arrival of ...
Shanghai Metals Market7h
South Korean steel producer Dongkuk Steel will halt rebar production at its Incheon plant from July 22 to August 15.
According to local media reports in South Korea, due to the decline in demand caused by the construction industry downturn, South Korean steel producer Dongkuk Steel will halt rebar production at its ...
Shanghai Metals Market6h
Import Window Closed, Net Aluminum Imports Hit New High in April [SMM Analysis]
Import Window Closed, Net Aluminum Imports Hit New High in April] In April 2025, China's net primary aluminum imports reached 236,800 mt, up 11.1% MoM and 14.8% YoY. From January to April, cumulative ...
Shanghai Metals Market6h
Import Window Closed, Net Imports of Aluminum Hit New High in April [SMM Analysis]
Net Primary Aluminum Imports: In April 2025, domestic net primary aluminum imports were 236,800 mt, up 11.1% MoM and 14.8% YoY. From January to April, cumulative net primary aluminum imports totaled ...
Shanghai Metals Market9h
There is a large amount of arrivals in Xinjiang, and social inventory of silicon metal has increased [SMM Silicon Inventory]
[SMM: Increased Arrivals in Xinjiang Lead to Rise in Social Inventory of Silicon Metal] SMM statistics show that the total social inventory of silicon metal in major regions reached 589,000 mt on May ...
Shanghai Metals Market8h
ANZ Research: US Dollar's Rise May Weigh on Copper Market Sentiment, but Long-Term Outlook Remains Bullish
On May 29 (Thursday), ANZ Research stated in a report on Thursday that the strengthening of the US dollar may weigh on market sentiment in the copper market, but signs of tightening supply are ...
Shanghai Metals Market8h
Goldman Sachs provides long-term asset allocation advice: Overweight gold and underweight crude oil in the next five years!
In contrast, the recommendation to underweight oil is driven by recent supply dynamics, as "high spare capacity in the crude oil market... reduces the risk of crude oil shortages in 2025-2026," ...
Shanghai Metals Market9h
Frequent News of Production Cuts at Stainless Steel Mills, Further Decline in Prices May Be Hindered [SMM Stainless Steel Daily Review]
Frequent News of Production Cuts at Stainless Steel Mills, Further Price Declines May Be Hindered] SMM reported on May 29 that today, the SS futures market exhibited a volatile pattern, with the ...
Shanghai Metals Market9h
Tight supply at the mine end pushes tungsten price to a record high, with a nearly 17% increase since the beginning of the year [SMM Quick Comment]
Prices: According to SMM quotes, on May 29, the price of wolframite concentrate (≥65%) was 164,000-165,000 yuan/standard mt, with an average price of 164,500 yuan/standard mt. Compared to the average ...