Metal10m
SHFE Zinc Records a Bullish Candle; US Macro Data Worth Watching Tonight [SMM Zinc Brief Review]
SHFE Zinc Records a Bullish Candle, US Macro Data Worth Watching Tonight]: The most-traded SHFE zinc 2503 contract opened at 23,760 yuan/mt. In early trading, SHFE zinc fell to a low of 23,670 yuan/mt ...
Metal14m
Due to the commissioning of some alumina refineries, the operating capacity of alumina reached a new high in January [SMM Analysis]
Alumina Operating Capacity Hits New High in January Due to the Commissioning of Some Alumina Refineries] SMM, January 24: According to SMM data, China's metallurgical-grade alumina production in ...
Metal19m
China's Petroleum Coke Imports to Decline Significantly in 2024, Market Demand Gradually Recovers and Expected to Rise in 2025 [SMM Analysis]
According to customs data, China imported 982,900 mt of petroleum coke in December 2024, down 7.32% MoM and 28.45% YoY. The estimated import price of petroleum coke in December was $136.84/mt, down 11 ...
Metal13m
Data: SHFE, DCE market movement (Jan 24)
SMM data shows that social inventories of zinc ingots across seven major markets in China totalled 77,200 mt as of Friday ...
Metal40m
BHP's Copper Production Increased by 17% in Q4 Last Year, While Iron Ore Production Increased Slightly
[BHP's Copper Production Rose 17% in Q4 Last Year, Iron Ore Production Increased Slightly] According to Mining.com citing Reuters, BHP Group announced on Tuesday that its iron ore production increased ...
Metal42m
Downstream Demand Remains Weak, EMM Production Decreases in January [SMM Analysis]
Weak Downstream Demand Leads to Reduced EMM Production in January] SMM data shows that China's EMM production in January 2025 decreased by over 10% MoM but was up approximately 3% YoY. The main ...
Metal1h
Operating Rates in Zinc Downstream Sectors Plunged a Week Before the Chinese New Year Holiday [SMM Analysis]
Operating Rates of Zinc Downstream Sectors Plunged the Week Before the Chinese New Year Holiday] This week, the operating rates of zinc downstream sectors showed a consistent decline, significantly ...
Metal1h
January SMM Operating Rate of Rolling Mills: Rolling Mills Have Entered the Holiday, Operating Rate Down 25% MoM
[SMM Operating Rate of Steel Mills Using Externally Purchased Billets] According to the SMM survey, as of January 24, the operating rate of steel mills using externally purchased billets, which mainly ...
Metal2h
DOE Approves $584.5 Million Loan Guarantee for Convergent Energy Projects in Puerto Rico
The U.S. Department of Energy (DOE) has finalized a $584.5 million loan guarantee for Convergent Energy and Power Inc. to support energy storage projects in Puerto Rico. The funding will back the ...
Metal1h
In January, during the Chinese New Year holiday, the casting ingot output of aluminum plants across various regions increased [SMM Data].
Aluminum Casting Ingot Production Increased Across Regions in January During the Chinese New Year Holiday] SMM, January 24: According to SMM statistics, China's aluminum production in January 2025 (31 ...
Metal2h
Some SiMn alloy plants halted production for maintenance, with SiMn alloy production in January decreasing MoM [SMM Analysis].
Entering February, some SiMn plants are expected to undergo maintenance around the Chinese New Year, leading to a slight decrease in production. Furthermore, due to the fewer calendar days in February ...
Metal2h
The Secondary Aluminum Market Has Basically Entered a Holiday State with Sparse Transactions [ADC12 Price Daily Review]
[ADC12 Price Daily Review] Today, aluminum prices remained in a narrow range. SMM A00 aluminum ingot prices decreased by 10 yuan/mt compared to the previous trading day to 20,190 yuan/mt, while ...