Metal9h
【SMM Analysis】What is the reason behind the strong surge in lithium prices this round?
Since entering November, the price of battery-grade lithium carbonate has continued to rebound, with a significant increase ...
Metal11h
【Blast Furnace Operating Rate】With New Blast Furnace Commissioned, Pig Iron Production Rose Again
According to an SMM survey, as of November 13, the operating rate of blast furnaces at 242 surveyed steel mills was 90.74%, ...
Metal7h
Gasgoo Daily: Chery Holding to showcase 38 vehicle models at Auto Guangzhou 2024
On November 12, GAC AION revealed the official images of its third global strategic model, the AION UT, ahead of its debut at the upcoming Auto Guangzhou 2024. The new model, positioned as an ...
Metal12h
Xiaomi EV rolls off 100,000th unit of SU7 model
Shanghai (Gasgoo)- Xiaomi EV saw the 100,000th unit of its first mass-produced model, the Xiaomi SU7, roll off the production line on November 13. The achievement comes just 230 days after the model ...
Metal9h
Lead-Zinc Mines Undergoing Autumn Maintenance? How Significant is the Impact on Lead Concentrate Metal Reduction? [SMM Analysis]
According to SMM survey data, as of October, many lead-zinc mines have undergone concentrated autumn maintenance, leading to a decline in lead and zinc concentrate production QoQ.
Metal9h
October Operating Rates of Copper Billet Producers Continue to Rise, Expected to Fall Short of Expectations in November [SMM Analysis]
Overnight, LME zinc prices opened at US$2,581/ton and reached a low of US$2,567/ton during the period. During the European trading session, LME zinc prices moved up and hit a high of US$2,605.5/ton, ...
Metal9h
How did the cost of secondary lead enterprises change after the implementation of policies such as "reverse invoicing"? [SMM Analysis]
On April 25, 2024, the State Administration of Taxation issued the "Announcement on Matters Related to 'Reverse Invoicing' by Resource Recycling Enterprises to Natural Persons Selling Scrap Products" ...
Metal9h
October Copper Pipe & Tube Operating Rate Improves, Expected to Further Increase in November! [SMM Analysis]
The raw material inventory ratio of copper pipe & tube enterprises in October was 4.70%, up 0.73 percentage points MoM. During the National Day holiday in October, enterprises had stocked up on ...
Metal10h
GAC AION releases images of AION UT BEV model
Shanghai (Gasgoo)- On November 12, GAC AION revealed the official images of its third global strategic model, the AION UT, ahead of its debut at the upcoming Auto Guangzhou 2024. The new model, ...
Metal12h
BYD's FANGCHENGBAO puts BAO 8 model onto market, starting at 379,800 yuan
Shanghai (Gasgoo)- On November 12, BYD's FANGCHENGBAO brand put its second mass-produced model, the BAO 8, onto the market with four different variants priced between 379,800 yuan and 407,800 yuan.
Metal18h
The US dollar index continues to rise, aluminum futures prices fluctuated downward overnight. [SMM Aluminum Morning Meeting Summary Nov 13]
LME zinc prices opened at $2548/mt last evening and closed down $86.5/mt or 3.39% at $2466.5/mt. Trading volume increased to 11397 lots, and open interest decreased by 1323 lots to 208,000 lots. LME ...
Metal17h
Supply Issues Push Lead Prices Up, Attention Needed on Secondary Lead Profit Recovery [SMM Lead Morning Comment]
Overnight, LME lead opened at $2,027/mt. With the strengthening of the US dollar index, base metals were under pressure, and LME lead hovered in the range of $2,020-2,030/mt for most of the day. It ...