News

Futures: Overnight, LME copper opened at $9,669.5/mt, initially climbed to $9,683/mt, then gradually declined to hit bottom at $9,627/mt before rebounding to close at $9,634.5/mt, down 0.76%, with ...
Macro Easing Expectations Heat Up, Aluminum Prices Still Have Rebound Potential] On the macro front, Trump's pressure on the US Fed to cut interest rates, coupled with a potential change in its ...
Currently, the magnesium powder market is experiencing a weak supply and demand situation. The prices of upstream raw materials remain at a high level, but downstream purchase willingness is low, ...
As of August 5, the operating rate of 50 electric furnace steel mills nationwide, which mainly produce building materials, stood at 40.68%, up 2.86% MoM from the previous period; the capacity ...
Copper Cathode Supply Shows Loose Trend While Demand Weakens, Copper Prices Encounter Resistance] On August 5, spot prices of #1 copper cathode against the August 2508 contract were reported at a ...
Overnight, LME lead opened at $1,962.5/mt, fluctuating rangebound in the Asian session, with a low of $1,958/mt. Entering the European session, LME lead fluctuated downward and then rebounded, hitting ...
In July, the silicon market showed destocking amid supply-demand balance. In August, both supply and demand increased, with polysilicon production increases driving up silicon demand. On the supply ...
Beijing Creat (002350.SZ) announced that the company was the third winning bidder for the project, with the winning bid being new energy box-type transformers, which would have a positive impact on ...
Spot-Futures Price Spread Daily Report: According to SMM data, on August 5, the SMM ADC12 spot price was at a theoretical premium of 105 yuan/mt over the closing price of the most-traded cast aluminum ...
[SMM Morning Comment on Zinc] Overnight, SHFE zinc recorded a bearish candlestick, with the middle rail of the Bollinger Bands acting as resistance. The zinc price returned to the fundamental pattern ...
Procurement Conditions. The purchaser of this procurement project, which involves a batch of materials including cross-linked cables (PGPGAHHHD250805228382), is the Safety and ...