Shanghai Metals Market4h
Steel Scrap Purchase Price Adjustment by Anyang Steel in Henan on March 17
【Anyang Steel Scrap Price Adjustment】To all steel scrap suppliers, starting from March 17, the steel scrap purchase price of Anyang Steel remains unchanged. The specific prices are subject to the ...
Shanghai Metals Market4h
US Dollar Index Hovers Near Four-Month Low, Copper Prices Jump Initially and Then Pull Back [SMM Copper Morning Meeting Summary]
LME copper opened at $9,797/mt, hitting an intraday high of $9,822.5/mt and a low of $9,761.0/mt, before closing at ...
Shanghai Metals Market4h
LME Nickel Prices Fluctuate at High Levels; Severe Losses for Nickel Salt Smelters [SMM Nickel Morning Meeting Summary]
Meeting Summary] Last week, the overall circulation in the nickel salt market was relatively low. On the supply side, the high volatility of LME nickel prices led to severe losses for nickel salt ...
Shanghai Metals Market4h
US Dollar Index Rebounds and Rises, Lead Futures Under Pressure and Weaken [SMM Lead Morning News]
Brief: US Dollar Index Rebounds Upward, Lead Futures Under Pressure and Weaken] SMM March 17 News: Last Friday, LME lead opened at $2,077.5/mt, fluctuating upward during the Asian session; it reached ...
Shanghai Metals Market4h
Delivery of SHFE Lead Front-Month Contract; Short-Term Market Circulating Supply Decreases [SMM Lead Morning Meeting Summary]
On Friday night, the most-traded SHFE lead 2504 contract opened at 17,680 yuan/mt, briefly touched a high of 17,685 yuan/mt at the beginning of trading, then fluctuated downward, hitting a low of ...
Shanghai Metals Market4h
Spot Alumina Prices Decline, Fluctuating Downward in the Short Term Amid Surplus Conditions [SMM Morning Comment on Alumina]
Spot-Futures Price Spread Daily Report: According to SMM data, on March 14, the SMM alumina index showed a premium of 171 yuan/mt against the most-traded contract's latest transaction price at 11:30.
Shanghai Metals Market4h
US Dollar Index Remains at Four-Month Low, Copper Prices High Suppress Consumption [SMM Copper Morning Comment]
US Dollar Index Remains at a Four-Month Low, High Copper Prices Suppress Consumption] Macro side, the US consumer confidence index in March fell for the third consecutive month, while consumers' ...
Shanghai Metals Market4h
The Supply-Demand Pattern of Tin Ore Shows a Tightening Trend, and SHFE Tin Prices May Maintain a Fluctuating Trend [SMM Tin Morning Meeting Summary]
Tight Supply-Demand Pattern for Tin Ore, SHFE Tin Prices Likely to Maintain a Fluctuating Trend] In terms of international macro factors, the escalation of armed conflict in the DRC has significantly ...
Shanghai Metals Market4h
Zinc Prices Fluctuate at Highs Amid Overseas Expectations for Production Cuts [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment] Last Friday, SHFE zinc recorded a bearish candlestick, yet the MACD bullish bar expanded. On the macro side, domestic consumption policies provided a boost, coupled with ...
Shanghai Metals Market4h
US Consumer Confidence Index Falls Short of Expectations, LME Zinc Jumps Initially and Then Pulls Back [SMM Morning Meeting Summary]
US Consumer Confidence Index Falls Short of Expectations, LME Zinc Jumps Initially and Then Pulls Back] Last Friday, LME zinc recorded a four-day winning streak, with the center of the daily ...
Shanghai Metals Market4h
DRC Bisie Tin Mine Halts Operations, Spot Market Transactions Come to a Standstill [SMM Tin Morning Brief]
DRC Bisie Tin Mine Halts Operations, Spot Market Transactions Stagnate [SMM Tin Morning Brief] Impacted by the news of the DRC Bisie tin mine halting operations, SHFE tin prices showed a significant ...
Shanghai Metals Market4h
5 Billion! 20 GWh! Phase I of a Lithium Battery Project in Yancheng, Jiangsu Announced
[5 Billion! 20GWh! Phase I of a Lithium Battery Project in Yancheng, Jiangsu Announced] Recently, the annual production project of 20GWh ESS lithium battery industrial manufacturing (Phase I: 10GWh) ...