News

Shanghai Metals Market13h
US dollar declines, base metals generally rise, with alumina and LME tin leading gains, while most ferrous metals series fall [[SMM Midday Review]]
As of the midday close, domestic base metals generally rose, with SHFE copper down 0.24%, SHFE nickel up 0.2%, SHFE tin up ...
Shanghai Metals Market12h
The word "wait" was mentioned 22 times! What exactly is Powell afraid of, hesitating to cut interest rates?
According to Nick Timiraos, a renowned journalist dubbed the "new Fed Wire," an interesting detail emerged during the ...
Shanghai Metals Market17h
Metals Mostly Decline, LME Lead Rises Nearly 2%, LME Aluminum, COMEX Silver, Coking Coal and Coke Lead the Declines [[Overnight Market Performance]]
Overnight, the domestic market's base metals nearly fell across the board, with SHFE tin down 0.94%, SHFE copper down 0.74%, ...
Shanghai Metals Market5h
Q1 Production of Top 15 Miners Released, Copper Concentrates Supply Not Looking Optimistic [SMM Analysis]
The copper production of the top 15 miners in Q1 2025 has been released. According to SMM statistics, the copper production of the top 15 miners in Q1 was 2,967 thousand mt (metal content), down 0.8% ...
Shanghai Metals Market7h
Macro and Fundamentals Jointly Suppress Iron Ore Prices, Leading to a Sharp Decline [[SMM Brief Commentary]]
Today, iron ore futures prices fell sharply, mainly due to the combined impact of three bearish factors: firstly, the details of the crude steel production reduction policy were further clarified; ...
Shanghai Metals Market7h
Separator production increased by 9% MoM in April. Dry-process enterprises voluntarily implemented production restrictions.
In April, the production of lithium battery separators increased by 9% MoM and 38% YoY. By process, the production of wet-process separators increased by 12% MoM and 45% YoY, while the production of ...
Shanghai Metals Market7h
Downstream Terminals Remain Cautious, Stainless Steel Prices Run Steadily [SMM Daily Review of Stainless Steel Spot Cargo]
Cautious End-Users Fail to Change the Stable Trend of Stainless Steel Prices] SMM reported on May 8 that the market was heavily influenced by multiple news events today, leading to volatile market ...
Shanghai Metals Market5h
Continuous Losses in Secondary Copper Rod Sales: Companies May Switch to Producing Copper Anode {{SMM Secondary Copper Daily Review}}
Check SMM copper quotes, data, and market analysis 》Subscribe to view historical price trends of SMM metal spot cargo. SMM May 8. At 11:30 today, the futures closing price wa ...
Shanghai Metals Market6h
Shipments dominate, social inventory of silicon metal decreases [SMM Silicon Inventory]
[SMM: Shipments Dominate, Social Inventory of Silicon Metal Declines] According to SMM statistics, the total social inventory of silicon metal in major regions reached 596,000 mt on May 8, down 7,000 ...
Shanghai Metals Market5h
Baidu's Apollo, CAR Inc. to co-launch autonomous vehicle rental service
Shanghai (Gasgoo)- On May 8, 2025, Apollo, Baidu's open-source autonomous driving platform, and CAR Inc., China's largest car rental platform, held a strategic signing ceremony in Beijing to announce ...
Shanghai Metals Market5h
CATL unveils mass-producible 9MWh energy storage system solution
Shanghai (Gasgoo)- On May 7, CATL launched the TENER Stack at the EES Europe in Munich, marking the unveiling of the world's first mass-producible 9MWh ultra-large-capacity energy storage system ...
Shanghai Metals Market7h
MMi Daily Iron Ore Report (May 8)
On May 8, lithium carbonate futures dropped 1.62% to 112,050 yuan/ton (~15,519.39 USD/ton). The battery-grade index stood at 111,609 yuan/ton (~15,458.31 USD/ton).