News

Shanghai Metals Market3m
SMM Weekly Maintenance Summary on June 6
Maintenance Statistics] According to SMM statistics, this week (from May 31 to June 6), the impact of blast furnace maintenance on pig iron production was... [SMM Weekly Maintenance Statistics] ...
Shanghai Metals Market12m
Copper prices fluctuated overnight and closed higher, but the increase in inventory limited the upside potential [SMM Morning Comment on Copper]
Overnight, LME copper opened at $9,566.5/mt, dipping to a low of $9,557.5/mt shortly after the opening bell. It then fluctuated upward, reaching a high of $9,648/mt during the session, before ending ...
Shanghai Metals Market10m
Supply-side pressure suppresses zinc prices, SHFE zinc maintains fluctuating trend [SMM Zinc Morning Comment]
Supply-Side Pressure Weighs on Zinc Prices, SHFE Zinc Maintains Fluctuating Trend] Overnight, LME zinc opened at $2,692/mt. After opening, LME zinc declined all the way, reaching a low of $2,658/mt ...
Shanghai Metals Market12m
Renewed Uncertainty Over Tariffs Halts Rally in LME Zinc [SMM Zinc Morning Meeting Summary]
Tariff Uncertainty Resurfaces, LME Zinc Rally Halts]: Overnight, LME zinc opened at $2,692/mt. After opening, LME zinc trended downward, reaching a low of $2,658/mt before rebounding and rising, ...
Shanghai Metals Market19m
Metals rose nearly across the board, with LME tin up 2.41%, coking coal up over 3%, and SHFE tin and alumina leading the gains [overnight market].
Overnight, domestic market base metals rose across the board, with SHFE tin up 1.54%, SHFE copper up 0.5%, SHFE nickel up 0.25%, SHFE lead up 0.36%, SHFE aluminum up 0.25%, and SHFE zinc up 0.52%. In ...
Shanghai Metals Market32m
From 684 million to 177 million: Tibet Mineral Development's lithium company still up for sale
On the evening of June 2, Tibet Mineral Development Co., Ltd. (000762) announced that it planned to reduce the public listing price for the 100% equity of its holding subsidiary, Baiyin Zhabuye ...
Shanghai Metals Market17h
GAC’s 2Mt bauxite pile-up in Guinea: What built it, what’s blocking it, and what could break the deadlock
In October 2024, Guinean customs authorities suspended bauxite exports from Guinea Alumina Corporation (GAC), a subsidiary of ...
Shanghai Metals Market15h
Wall Street Speaks with One Voice: The US Dollar Will Fall Further!
More and more Wall Street investment banks have recently reiterated their forecasts that the US dollar will weaken further ...
Shanghai Metals Market19h
Guinea pulls the plug by cancelling 129 mining licences, and it seems to be just the beginning
Guinea has just made a move that could send tremors through global commodity corridors, cancelling from 50 plus to 129 ...
Shanghai Metals Market18h
Is the Silver Bull Market Coming? Analysts Emphasize That $34 Is a Key Level!
Michele Schneider, Chief Market Strategist at MarketGauge, stated that gold and silver prices have been consolidating, leading her to maintain a neutral stance on both. However, if silver prices ...
Shanghai Metals Market15h
Rare earth market remains calm, with prices running steadily [SMM Rare Earth Daily Review]
Today, the overall rare earth market prices remained stable. Specifically, in the oxide market, Pr-Nd oxide prices were steady at 437,000 to 439,000 yuan per mt, dysprosium oxide prices increased to 1 ...
Shanghai Metals Market12h
Copper prices fall, suppliers reluctant to sell secondary copper raw material [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, June 3. At 11:30 today, the futures closing price ...