News

Mixed Bullish and Bearish News, Tug-of-War Between Sellers and Buyers Makes It Hard to Determine the Winner - How Will the Magnesium Market Perform in the Future?] As August approaches its halfway ...
Recently, with domestic major steel mills entering the bidding market, the molybdenum iron market has seen active ...
[SMM spot copper] Tomorrow is the last trading day for the SHFE copper 2508 contract. It is expected that the sentiment of suppliers to sell will decrease, but as it is Friday, some downstream buyers ...
Silver prices continued to hold up well, with the spot-futures price spread between the SHFE silver 2510 contract and TD silver remaining at 30-32 yuan/kg during the day. Some suppliers were still ...
Today, spot #1 copper cathode in North China is trading at a discount of 90 yuan/mt to 80 yuan/mt against the front-month contract, with an average discount of 70 yuan/mt, up 30 yuan/mt from the ...
Today, the SMM #1 lead average price fell by 50 yuan/mt from yesterday to 16,700 yuan/mt. Suppliers of secondary refined lead offered limited quotations, with low willingness to sell. Mainstream ...
Four Converging Factors in 2025 Undermine Southeast Asia’s Comparative Advantage】In 2025, Southeast Asia’s scrap aluminum market plunged into a deep contraction, with export volumes dropping sharply.
Tight Supply of Aluminum Scrap Drives Up Costs; Short-Term Focus on Consumption Improvement] Aluminum prices expanded their gains on Wednesday, with aluminum scrap prices accelerating their upward ...
Overnight, the most-traded SHFE lead contract opened lower with a gap at 16,880 yuan/mt. After consolidating around the 16,900 yuan/mt level under pressure in the early session, it fluctuated downward ...
Overnight, LME lead opened at $2,013.5/mt. During the Asian session, it consolidated around the intraday average line. Entering the European session, it rose to a high of $2,019/mt before fluctuating ...
EMM spot prices rise and then stabilize, awaiting further guidance] The average spot price of EMM in major producing areas is 13,500-13,650 yuan/mt, up 25 yuan/mt MoM; the average FOB price is ...
Overnight, LME copper opened at $9,846/mt, reaching a high of $9,847/mt shortly after the opening bell. It then fluctuated considerably downward during the session, touching a low of $9,810.5/mt near ...