Overnight, LME copper opened at $9,084.5/mt, initially declined to a low of $9,056.5/mt, fluctuated widely during the session ...

On January 7, 2025, according to foreign media reports, the Indian Ministry of Steel proposed the merger of India's largest iron ore trader, National Mineral Development Corporation (NMDC), with ...

Regarding raw material inventories, enterprises in east China restocked at lower prices, supporting destocking in the region. SMM will continue to monitor downstream demand and enterprise holiday ...

Vale and GreenIron will collaborate to establish an iron ore supply chain through a direct reduction facility in Brazil, advancing green hydrogen-based iron production for the European market.

【Anyang Steel Scrap Price Adjustment】To all steel scrap suppliers, starting from January 10, Anyang Steel will lower the steel scrap purchase price by 40 yuan/mt. The specific prices are subject to ...

This week, the weekly operating rate of alumina continued to increase slightly, while demand remained relatively stable. With reports of low-price transactions gradually emerging in the market, some ...

Under the guidance of the "Belt and Road" Initiative, China-Africa economic and trade cooperation has become increasingly close, facilitating the exchange of high-quality African mineral products and ...

[SMM Lead Morning Meeting Summary: The Impact of Chinese New Year on the Market Will Intensify, Lead Prices May Fluctuate Downward] Next week marks the delivery date for the SHFE lead 2501 contract, ...

Spot Premiums/Discounts: Today, mainstream spot premiums for Jinchuan No. 1 nickel were quoted in the range of 3,000-3,300 yuan/mt, with an average premium of 3,150 yuan/mt, down by 300 yuan. Russian ...

Crude Oil Demand Expected to Be Strong, Copper Prices Continued to Rise Overnight】 Macro side, colder weather in parts of the US and Europe has boosted winter fuel demand, leading to expectations of ...

According to mining.com, Taseko Mines stated that improved mill utilization at its Gibraltar copper mine means annual production is expected to reach 120-130 million pounds, a significant increase ...

[SMM Zinc Morning Comment: Downstream Stocking Up Raw Materials at Low Prices, SHFE Zinc Slightly Rises] Overnight, LME zinc opened at $2,826/mt. After the opening, LME zinc fluctuated around the ...