Metal1h
Year-End Multiple Factors Impact the Operating Rate of Copper Enamelled Wire Industry Machines Continues to Decline [SMM Analysis]
[Year-End Multiple Factors Impact Copper Enamelled Wire Industry, Machine Operating Rate Continues to Decline] This week, SMM surveyed the production and new orders status of 15 domestic enamelled ...
Metal1h
Impact of Pre-Holiday Stockpiling by Downstream Battery Plants on Production Dynamics of Secondary Lead Smelters [SMM Analysis]
Impact of Pre-Holiday Stockpiling by Downstream Battery Plants on Secondary Lead Smelter Production Dynamics] SMM, January 10: It is worth noting that most small and medium-sized downstream battery ...
Metal2h
High-Grade NPI Costs Strongly Supported, Limited Downside Room for Short-Term Prices [NPI Daily Review]
[SMM Daily Review: Strong Cost Support for High-Grade NPI, Limited Downside Room for Short-Term Prices] On January 10, SMM 8-12% high-grade NPI average price was 933.5 yuan/mtu (ex-factory, tax ...
Metal2h
The situation of strong supply and weak demand still exists in January, with limited room for upward price correction [SMM Analysis].
Limited Upward Correction Space for Prices as Supply Remains Strong and Demand Weak in January] Stainless steel prices in December 2024 remained generally weak and stable. The average monthly price of ...
Metal2h
Finished Product Inventories of Galvanising Enterprises Increase Ahead of Chinese New Year: What Will Happen After the Holiday? [SMM Analysis]
According to SMM, most enterprises remain pessimistic about post-holiday ferrous metals prices and are not planning to stockpile in large quantities. Finished product inventories are expected to ...
Metal1h
High-Grade NPI Prices Weaken Due to Multiple Factors, Market Uncertainty Intensifies [SMM Analysis]
[SMM Analysis: High-Grade NPI Prices Weaken Due to Multiple Factors, Market Uncertainty Intensifies] Recently, the nickel market dynamics have shown the intertwined influence of multiple complex ...
Metal1h
Downstream Enterprises Gradually Begin Holidays, SHFE Zinc Fluctuates Downward [SMM Zinc Futures Brief Review]
Downstream Enterprises Gradually Begin Holidays, SHFE Zinc Fluctuates Downward]: The most-traded SHFE zinc 2502 contract opened at 24,125 yuan/mt. After opening, SHFE zinc fluctuated around the daily ...
Metal1h
Approaching the Chinese New Year Holiday, Zinc Downstream Operating Rates Show Divergence [SMM Analysis]
Holiday, Zinc Downstream Operating Rates Show Divergence] Approaching this year's Chinese New Year holiday, zinc downstream operating rates showed significant divergence this week. Specifically, ...
Metal2h
Copper Prices Rose This Week as Year-End Effect Emerged; "Trump Trade" Stirred Up Turbulence—How Far Can It Drive Copper Prices? [SMM Commentary]
Copper Prices Rose This Week as Year-End Effects Emerged; How Far Can the "Trump Trade" Drive Copper Prices?] Early this week, the US dollar index pulled back to around 108 before rising above 109 ...
Metal2h
The manganese dioxide market is relatively stable, with primary demand still concentrated in primary batteries.
In December 2024, China's EMD production saw a slight decline MoM. The primary reason for the slight decrease in December production was the year-end lull in the primary battery market, with no ...
Metal2h
US Dollar Index Rose Above 109 During the Day, Non-US Currencies Weakened Collectively [SMM Analysis]
[SMM Analysis: US Dollar Index Surges Above 109, Non-US Currencies Weaken Collectively] According to CNN on January 8, Trump is considering declaring a "national economic emergency" in the US to ...
Metal2h
Spot Alumina Prices See Larger Decline but Still Above Cost Line [SMM Analysis]
As of today, the SMM alumina index has dropped to 5,321 yuan/mt, accumulating a decline of 448 yuan/mt from the peak in December 2024. In the latter part of this week, the decline in alumina prices ...