Metal12h
High-Nickel Pig Iron Prices Surge After National Day Holiday, Strong Supply and Demand Drive Market Upward
During the week, the average price of SMM 8-12% high-nickel pig iron was 988.13 yuan per nickel point (ex-factory, including ...
Metal11h
Key Insights on Mold Steel Pricing Trends and Market Dynamics
Mold steel plays a crucial role in the manufacturing industry, serving as a backbone in various production processes. This high-performance material is essential for crafting molds used in a wide ...
Metal8h
BYD's first electric buses for South Africa roll off line at Qingdao factory
Shanghai (Gasgoo)- On October 8, BYD marked a significant milestone as the first 20 electric buses for a South African order rolled off the production line at the company's Qingdao factory, according ...
Metal9h
The market is relatively sluggish, and the production of high-purity manganese sulphate continued to decline in September.
SHANGHAI, Jul 24 (SMM) –SHFE 2308 tin contract jumped to 234,790 yuan/mt at last Friday’s night session, but then fell back rapidly, with a low at 231,500 yuan/mt before closing at 232,260 yuan/mt or ...
Metal10h
Policy Implementation: Gradual Resumption of Secondary Copper Rod Plants in South China [SMM Analysis]
The most-traded SHFE 2306 aluminium contract opened at 18,125 yuan/mt overnight, with its low and high at 18,030 yuan/mt and 18,160 yuan/mt before closing at 18,115 yuan/mt, down 30 yuan/mt or 0.17%.
Metal10h
With significant increase in arrivals, iron ore inventories at 35 ports continued to accumulate
As of October 11, the total inventory at 35 ports monitored by SMM was 1,478.4 million mt, up 590,000 mt WoW and up 42.28 million mt YoY.
Metal10h
Xinjiang Silicon Enterprises Slightly Increase Operating Rate; Sichuan and Yunnan Maintain Normal Production [SMM Silicon Metal Weekly Survey]
According to the SMM survey, the weekly production of sample silicon enterprises in Xinjiang (accounting for 79% of capacity) was 42,090 mt, with a weekly operating rate of 87%, up from before the ...
Metal8h
China’s monthly new energy vehicle sales, production hit new high in Sept. 2024
In September 2024, China's auto production and sales stood at 2.796 million and 2.809 million vehicles, rising a respective 12.2% and 14.5% from the previous month but notching down 1.9% and 1.7% from ...
Metal10h
Industry conflicts are relatively minor & macro factors continue to ferment. After the steel price correction, there is still room for an upward trend
After the holiday, the ferrous metals series opened high and then adjusted and consolidated.
Metal10h
US Fed Meeting Minutes Released: Silver Price Volatility This Week [SMM Analysis]
This week, the US Fed meeting minutes were released, explaining the unexpected 50 basis point interest rate cut in September.
Metal8h
Yueda Kia scores YoY jump in Sept. 2024 vehicle sales, output
Shanghai (Gasgoo)- In September 2024, Yueda Kia, the joint venture between Kia Corporation and China's Yueda Automobile Group, achieved a sales volume of 21,958 vehicles, marking a year-on-year jump ...
Metal10h
National port nickel ore inventory increased significantly by 450,000 wmt
On October 11, the national port nickel ore inventory increased significantly by 450,000 wmt to 9.922 million wmt compared to September 27.