News

Shanghai Metals Market1h
Silver prices pull back under pressure, downstream inquiries are active, and market transactions improve slightly [SMM Daily Review]
Silver prices retreated and weakened during the day. Despite the spot-futures price spread between the SHFE silver 2510 contract and TD remaining at 30-33 yuan/kg, downstream purchase enthusiasm ...
Shanghai Metals Market1h
Domestic circulating supply is tight in Shanghai, and Shanghai spot copper premiums have risen [SMM Shanghai spot copper]
SMM spot copper] Looking ahead to tomorrow, copper prices have once again touched 79,000 yuan/mt. The purchasing sentiment is low during the day, and suppliers are holding inventory under a Contango ...
Shanghai Metals Market1h
Market supply and demand remain stable, and spot premiums/discounts stabilize [SMM spot copper in North China]
Today, in North China, spot #1 copper cathode is trading at a discount of 140 yuan/mt to 100 yuan/mt against the front-month contract, with an average discount of 120 yuan/mt, unchanged from the ...
Shanghai Metals Market1h
BYD accelerates global expansion丨Top 10 destinations by BYD's passenger vehicle shipments in H1 2025
On March 25, 2025, BYD hosted an investor communication meeting in Hong Kong, announcing a 2025 sales target of 5.5 million vehicles, including over 800,000 units from overseas markets. Chairman Wang ...
Shanghai Metals Market2h
Glencore said it was working with the government to find solutions to the chromium market's predicament
Glencore Alloys CEO Japie Fullard said in an interview with Mining Weekly, "We are working with the government to find possible solutions," noting that all of their ferrochrome smelters were suspended ...
Shanghai Metals Market2h
US plans to cooperate with the Cook Islands in developing submarine minerals
According to a report by Mining Weekly, citing Bloomberg, the US government has initiated negotiations with the Cook Islands on the development of seabed mineral resources.
Shanghai Metals Market3h
The performance during the peak consumption season was average, and lead prices were under pressure [SMM Morning Lead Conference Summary]
Inventory: On August 8, LME lead inventory decreased by 2,025 mt to 268,375 mt. As of August 7, the total social inventory of SMM lead ingots in five regions reached 71,100 mt, a decrease of ...
Shanghai Metals Market4h
Tender Notice for Concentrated Procurement of Steel Grit Aluminum, etc. by Hongxing Stock Co., Ltd. of JISCO Group
For complaints and appeals regarding the procurement activities, please send the information to the email address of the Transaction Supervision Office of the JISCO Group Trading Center (jyjds@jiugang ...
Shanghai Metals Market3h
Supply and demand remain at a stalemate, with magnesium prices running steadily at a high level [SMM Magnesium Morning Meeting Summary]
Supply and Demand in a Stalemate, Magnesium Prices Remain High and Stable] Last week, domestic magnesium prices showed a trend of initial stability followed by an increase, primarily driven by the ...
Shanghai Metals Market3h
Expectations for US Fed interest rate cut push up copper prices; Codelco restarts El Teniente copper mine [SMM Copper Morning Meeting Summary]
Futures: On Friday night, LME copper opened at $9,700.5/mt, initially touched a low of $9,691.5/mt, then fluctuated upward and approached a high of $9,780/mt near the close, before fluctuating ...
Shanghai Metals Market3h
Lead prices consolidated sideways in the late session last Friday, with SHFE lead under pressure at the 16,900 yuan/mt level [SMM Lead Morning News]
On Friday evening, the most-traded SHFE lead contract opened at 16,850 yuan/mt. After briefly touching a low of 16,820 yuan/mt at the start of trading, it rose to a high of 16,900 yuan/mt, then ...