News

Shanghai Metals Market2h
The US Department of Commerce has begun issuing licenses for Nvidia's H20 chips. SHFE tin prices maintained a fluctuating trend [SMM Tin Morning News]
SMM Tin Morning News on August 11, 2025: Futures: The most-traded SHFE tin contract (SN2509) fluctuated downward slightly during the night session, closing at 267,400 yuan/mt, down 0.26% from the ...
Shanghai Metals Market8h
In July, secondary copper rod plants still failed to reverse losses, and the operating rate pulled back as scheduled.
The operating rate of secondary copper rod in July was 30.9%, higher than the expected 29.4%, down 2.71% MoM and 5.17% YoY. The secondary copper rod industry was deeply trapped in a multiple dilemma ...
Shanghai Metals Market2d
[SMM Analysis] Weighing the Benefits of Domestic Steel Price Increases Against the Loss of Export Market Share
Since July, amid the hype surrounding "anti-rat race" competition, domestic ferrous metals prices have experienced a sharp ...
Shanghai Metals Market1d
National Bureau of Statistics: CPI rose 0.4% MoM in July, PPI decline narrowed MoM, and the supply-demand relationship in some industries improved
In July, the national CPI increased by 0.4% MoM. Specifically, it increased by 0.4% in urban areas and by 0.3% in rural areas. Food prices decreased by 0.2%, while non-food prices increased by 0.5%.
Shanghai Metals Market2d
A new benchmark for zero-carbon environmental sanitation! China's first hydrogen-powered internal combustion engine sprinkler truck put into operation in Cangzhou, Yuchai ...
Recently, a new green force has emerged on the streets of Cangzhou, Hebei Province - a water sprinkler equipped with Yuchai's YCK05H hydrogen-fueled engine has officially commenced operations. This ...
Shanghai Metals Market2d
Domestic macro tailwinds, coupled with LME's influence, have provided strong support at the bottom for SHFE zinc [SMM zinc futures brief comment]
Strong domestic macro tailwinds and LME-driven support boost SHFE zinc's bottom support] The most-traded SHFE zinc 2509 contract opened at 22,530 yuan/mt. After the opening, bears reduced their ...
Shanghai Metals Market2d
[SMM Analysis] Macro factors drive nickel prices to rebound again, with domestic nickel inventory accumulating slightly
Nickel prices rebounded this week. The most-traded SHFE nickel contract (NI2509) opened at 119,510 yuan/mt at the beginning of the week and closed at 121,180 yuan/mt on Friday, with a weekly gain of ...
Shanghai Metals Market2d
Brazil's iron ore exports hit a record high in a single month
According to a report from Reuters cited by Mining.com, Brazilian officials released data on Wednesday showing that the country's iron ore exports reached 41.1 million mt in July, breaking the ...
Shanghai Metals Market2d
News of environmental protection-driven production restrictions in the north continues to emerge, putting pressure on iron ore prices, which are in the doldrums [SMM Commentary]
Today, DCE iron ore futures continued to be in the doldrums, with the most-traded contract I2509 closing at 790, down 0.19% for the day. Traders sold goods according to market conditions. As the ...
Shanghai Metals Market2d
[SMM Announcement] New Price Announcement for ‘SMM the Philippines 1.3%&1.4% Laterite Nickel Ore, CIF Indonesia, USD/wmt’
In the past two years, the proportion of nickel ore exported from the Philippines to Indonesia has surged from less than 3% in 2023 to approximately 20% in 2024.
Shanghai Metals Market2d
MMi Daily Iron Ore Report (August 8)
Today, Dalian iron ore futures continued to be in the doldrums, with the most-traded contract I2509 closing at 790, down 0.19% for the day. Traders sold goods according to market conditions.
Shanghai Metals Market2d
【SMM Analysis】Lithium Giant Defies Downturn: The Strategic Discipline Behind Pilbara Minerals' Record Performance
At the Kalgoorlie Mining Forum, the company announced record FY2024-25 production of 755,000 tonnes from its Pilgangoora project in Western Australia. Despite pricing headwinds, PLS completed a A$1 ...