Metal2h
Rate Cuts Combined with Tightening Supply May Keep Tin Prices on an Upward Trend [SMM Tin Morning Meeting Summary]
The US Federal Reserve concluded its monetary policy meeting last week and made a significant decision: lowering the federal ...
Metal2h
With support from macro and fundamentals, iron ore prices are expected to fluctuate upward this week
Last week, the social financing data showed that M1 declined 7.3% YoY in August, reflecting weak domestic demand.
Metal1h
August Cold-Rolled Stainless Steel Imports Plummeted, Exports Hit Two-Year High with 9.48% Growth [SMM Analysis]
According to SMM statistics, China's stainless steel imports in August 2024 were 106,800 mt, down 14.72% MoM and 44.65% YoY.
Metal1h
In August, China's total FeNi+NPI imports were 522,300 mt in physical content, down 36.4% MoM [SMM Analysis]
According to customs data, in August 2024, China's total FeNi+NPI imports were 522,300 mt in physical content, down 36.4% MoM and 42.6% YoY. In terms of metal content, the total imports in August were ...
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After the Mid-Autumn Festival holiday, lead-acid battery enterprises focus on the transmission of favorable Q4 policies [SMM Survey]
According to the survey, from September 14 to September 20, 2024, the weekly operating rate of lead-acid battery enterprises in five provinces surveyed by SMM was 62.24%, a decrease of 6.87 percentage ...
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Galvanizing Performance in Q3 Weaker Than Same Period Last Year: Will October See a Boost? [SMM Analysis]
SMM, September 23: The operating rate of galvanizing sector in Q3 was weaker than the same period last year. Will October change this situation?
Metal2h
August Copper Anode Imports Slightly Increased, Demand for Copper Anode Made from Scrap Grew [SMM Analysis]
According to data from the General Administration of Customs, China imported 75,900 mt of copper anode in August 2024, up 7.35% MoM and up 9.34% YoY. From January to August 2024, the cumulative import ...
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Significant reduction in port arrivals, iron ore stocks across 35 Chinese ports declined
As of September 20, the total inventory at the 35 ports monitored by SMM reached 150 million mt, down 720,000 mt WoW and up 37.46 million mt YoY. The daily average port pick-up volume of imported ore ...
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Electric Furnace Steel Mill Operating Rates Hold Stable
According to the SMM survey, as of September 17, the operating rate of 50 major electric furnace steel plants producing rebar nationwide was 27.08%, up 0.66% WoW.
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Due to the delayed shipment of South American copper, the import volume of copper cathode in August decreased as expected [SMM Analysis]
According to data from the General Administration of Customs, China imported a total of 2.326 million mt of copper cathode from January to August 2024, up 7.79% YoY.
Metal1h
SMM In-Depth Analysis On China August Primary Aluminum Imports And Short-Term Forecast
SMM, September 23: Primary Aluminum Imports: According to data from the General Administration of Customs, China's primary aluminum imports in August 2024 were approximately 163,000 mt, up 25.7% MoM ...
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Has Downstream Consumption of Die-Casting Zinc Alloy Boomed in the Traditional September Peak Season? [SMM Analysis]
SMM, September 23: Recently, some companies have reported a slight increase in downstream orders for small hardware, small accessories, and auto parts.