Shanghai Metals Market

[SMM Stainless Steel Daily Review] SS Futures Struggle to Gain Upward Momentum, Wait-and-See Sentiment Strengthens in Stainless Steel Spot Market

SMM Stainless Steel Daily Review] SS Futures Lacked Upward Momentum, Wait-and-See Sentiment Strengthened in Stainless Steel Spot Market: SMM, Jan. 13: SS futures were in the doldrums. SHFE nickel ...
Shanghai Metals Market

LME backwardation structure continues to widen, suppliers actively shipped goods in the morning session [SMM Yangshan spot copper]

During the day, the LME backwardation structure widened, with some suppliers actively selling to reduce holding cost pressure, but trading was thin in the morning session, and buyer interest was ...
Shanghai Metals Market

SHFE Zinc Rallies During the Day, Expected to Remain High in the Short Term [SMM Zinc Futures Brief Review]

SHFE Zinc Rises Intraday, Expected to Maintain High Levels in the Short Term]: The most-traded SHFE zinc 2602 contract opened at 24,240 yuan/mt. After opening, SHFE zinc maintained a fluctuating trend ...
Shanghai Metals Market

In December, Copper Wire and Cable Operating Rate Declined Under Pressure, While Soaring Copper Prices Hampered Downstream Demand Release

Copper Wire and Cable Operating Rate Declined Both MoM and YoY Under Pressure, Surging Copper Prices Continue to Weigh Downstream Demand Release】 According to SMM, the operating rate of copper wire ...
Shanghai Metals Market

[SMM Hot-Rolled Arrivals] Mainstream market arrivals fluctuated rangebound this week.

According to SMM statistics, estimated total shipments to mainstream markets this week were 186,300 mt, down 7.73% WoW from ...
Shanghai Metals Market

Weichai Hydrogen Internal Combustion Engine Generator Set Achieves China's First Stable Grid Connection Operation with Pure Hydrogen Power Generation

Recently, Weichai's hydrogen internal combustion engine generator set achieved China's first stable grid-connected operation ...
Shanghai Metals Market

[Domestic Iron Ore Brief Review] Iron Ore Concentrate Prices in West Liaoning May Experience Volatile Fluctuations

Iron Ore Concentrate Prices in West Liaoning Expected to Fluctuate] The domestic ore market in west Liaoning is experiencing sluggish trading. The current ex-factory price for 66% grade iron ore ...
Shanghai Metals Market

Futures fluctuate considerably, market wait-and-see sentiment strong [SMM Silicon Manganese Futures Review]

SM2603 contract opened at 5,916 yuan/mt and closed at 5,916 yuan/mt, down 0.37%. The daily highest price was 5,972 yuan/mt, ...
Shanghai Metals Market

[SMM Analysis] India Solar PV Market Annual Review 2025 and 2026 Outlook: Balancing Localization with Aggressive Growth Targets

Following the cancellation of China’s export tax rebates for photovoltaic products, the global solar trade landscape is ...
Shanghai Metals Market

Hu Yuting Meets with Yan Shengjun and His Delegation to Deepen Hydrogen Energy Cooperation and Facilitate Jilin's "Green Hydrogen+" Industrial Upgrade

Hu Yuting expressed gratitude for China Tianying's support in revitalizing Jilin and noted that the collaboration had yielded ...
Shanghai Metals Market

MMi Daily Iron Ore Report (January 13)

The iron ore futures market today showed a weak start followed by a strong finish. The most-traded contract I2605 closed at 819.5, down 0.24% from the previous trading day. Spot prices fell by 0–5 ...
Shanghai Metals Market

[SMM Survey of Coal and Coke Daily Briefing] 20260113

SMM Coal and Coke Daily Brief] Supply side, recent coking coal prices have stopped falling, cost support for coke has strengthened, market sentiment is gradually improving, some downstream buyers are ...