News

Today, DCE Iron Ore futures market was in the doldrums, with the most-traded contract I2509 closing at 708.5, down 1.32% for the day. Traders' willingness to sell was moderate. Steel mills mainly ...
This marks CATL's first facility in the city and its first deployment of a factory-in-factory collaborative model, supplying locally manufactured power battery systems for the AITO vehicle lineup.
The index remains above the boom-bust threshold signaling contraction, indicating mounting pressure in the automotive distribution sector.
Recently, there have been frequent reports of production cuts on the demand side. Today, the market has heard news that Tangshan will implement environmental protection-driven production restrictions ...
The SHFE copper 2508 contract closed at 80,640 yuan/mt. If we consider the most-traded BC copper 2508 contract closing at 71,850 yuan/mt, its after-tax price would be approximately 81,191 yuan/mt. The ...
Futures Market Fluctuates Downward, Spot Prices Drop Slightly] The SM2509 contract opened at 5,638 yuan/mt, fluctuated rangebound in the morning session, and finally closed at 5,624 yuan/mt, down 0.95 ...
Overall, downstream procurement increased at the beginning of July, spot premiums rose, and overall trading activity was better than yesterday.
According to SMM data, the average tax-inclusive full cost of China's aluminum industry in June 2025 was 16,545 yuan/mt, up 1 ...
​​Weakness in traditional sectors​​: Demand for tinplate related to real estate remains sluggish, with downstream restocking mainly driven by "small orders for immediate needs," and high prices ...
Today, the centralized quoted price for baled UBC aluminum scrap ranges from 15,300 to 15,800 yuan/mt (tax not included), while the centralized quoted price for shredded aluminum tense scrap ranges ...
The Wire and Cable Division of SMM has been deeply involved in the industry for many years and has successfully compiled a distribution map of the cable and copper-aluminum conductor industry, ...
Fundamentals: Strong supply and weak demand, SHFE zinc falls significantly]: The most-traded SHFE zinc 2508 contract opened at 22,360 yuan/mt. In early trading, SHFE zinc reached a high of 22,360 yuan ...