News

After SMM gathered market information, Yuguang Gold and Lead Group began a tender for 200 mt of bismuth ingots and 10 mt of indium ingots on August 5. Yuguang Gold and Lead Group stated that if buyers ...
Australia and the US accelerate breakthroughs in magnesium industrialisation, South Korea leads in high-end alloy applications] This week, the global magnesium market has shown a diversified ...
According to the SMM survey, the impact from maintenance on construction steel this week (8.2-8.8) slightly declined, as some steel mills resumed production after completing maintenance last week. The ...
In July 2025, SMM reported blister copper RCs in south China at 700-900 yuan/mt, with an average price of 800 yuan/mt, unchanged MoM. In north China, blister copper RCs were quoted at 650-850 yuan/mt, ...
Weak Market Demand, Magnesium Prices Under Pressure] The low-priced magnesium supply at 17,000-17,050 yuan/mt in the market yesterday morning was gone in a flash. Traders were active in inquiries ...
Overnight, LME lead opened at $1,974/mt. During the Asian session, it consolidated in a range. Entering the European session, it briefly touched a high of $1,977.5/mt before diving, reaching a low of ...
Macro Trade Frictions Ease, but Invisible Inventory Pressure of Aluminum Ingots Persists] On the macro front, the EU postponed retaliatory tariffs against the US, easing trade frictions and ...
Macro Trade Frictions Ease, but Invisible Inventory Pressure of Aluminum Ingots Persists] On the macro front, the EU postponed retaliatory tariffs against the US, easing trade frictions and ...
[NEV Market Penetration Rate Hits Record High in H1 2025] According to the China Machinery Industry Federation, the NEV market penetration rate reached 44.3% in H1 2025, setting a new historical ...
[SMM Copper Morning Briefing] News: (1) San Francisco Fed President Mary Daly said Monday that the timing for interest rate cuts is approaching, given increasing signs of softening in the US labor ...
The most-traded cast aluminum futures contract edges down slightly, likely to maintain narrow and weak oscillations in the short term] On Monday, aluminum prices continued to correct downward.
Overnight, LME lead opened at $1,974/mt. During the Asian session, it consolidated in a range. Entering the European session, it briefly touched a high of $1,977.5/mt before diving, reaching a low of ...