The most-traded SHFE nickel contract (2601) opened lower in the night session and continued to decline, closing down 0.72%. Prices fell further in the morning session, settling at 116,920 yuan/mt by ...
In the short term, SHFE tin prices remain dominated by the interplay between macro sentiment and fundamentals. Although the US Fed cut interest rates as expected in its December rate decision, its ...
Spot prices of #1 copper cathode in North China against the front-month contract were at a discount of 300-240 yuan/mt today, with an average discount of 270 yuan/mt, unchanged from the previous ...
Magnesium Market in the Doldrums Overall, Downstream Product Processing Fees Under Pressure] On December 11, the domestic magnesium market overall showed a weak trend. On the raw material side, Wutai ...
High-Grade NPI Prices Edge Up Slowly, Yet Market Transactions Remain Sluggish] December 11 (SMM) - The average price of 10-12% high-grade NPI was 888.5 yuan/mtu (ex-factory, tax included), up 1 ...
From 2015 to the present, China's steel industry profits have undergone roller-coaster-like changes, mainly divided into three stages: deep losses and recovery (2015-2017): In 2015, the industry faced ...
Aluminium as a key sector and trade product saw important changes to its import tariff schedules and listings, many related HS codes are set to face revised duties under Mexico’s latest tariff reform.
Lead Ingot Inventory Continues, LME Lead and SHFE Lead Stop Falling and Rebound] SMM December 11 News: Overnight, LME lead opened at $1,983/mt. Ahead of the US Fed's interest rate decision, the market ...
US Fed Cut Interest Rates as Expected, Lead Prices to Return to Fundamentals] The US Fed cut interest rates by 25 basis points as expected, but three committee members opposed, and it is still ...
During yesterday's night session, the most-traded NYMEX platinum and palladium contracts experienced volatile corrections. The most-traded platinum 2601 contract closed at $1,672.9 per ounce, down ...
Expected Interest Rate Cut Coupled with Inventory Increase, LME Zinc Center Slightly Declines] Overnight, the LME zinc opened at $3,089.5/mt. At the beginning of the session, it rose to a high of ...
As of Wednesday, SiMn 6517 (cash) in north China was at 5,550-5,650 yuan/mt, flat WoW; in south China, SiMn 6517 (cash) was at 5,600-5,650 yuan/mt, flat WoW. The SiMn market remained in the doldrums ...