Currently, Europe is taking firm strides toward its 2030 climate goals, with the energy transition entering a critical phase ...
On Nov. 4, Schaeffler Group signed an agreement to sell its China-based turbocharger business to Chengdu Xiling Power Science ...
During the night session, SHFE tin prices experienced a slight uptick before maintaining a fluctuating trend. Trading in the spot market was relatively active. [SMM Tin Morning Update] Futures: The ...
Tight Raw Material Supply and Downstream Caution Lead to Slight Divergence in ADC12 Quotations] Yesterday, the ADC12 price decreased by 50 yuan/mt to 21,350 yuan/mt. Against the backdrop of high ...
In the Shanghai market, Chihong lead was quoted at premiums of 0-50 yuan/mt against the SHFE lead 2512 contract. Before the expected lead ingot inventory buildup materialized, SHFE lead held up well.
As of November 4, the operating rate of 50 steel mills specializing in construction materials nationwide stood at 35.72%, down 1.6% WoW; capacity utilization rate was 38.01%, down 1.64% WoW; daily ...
LME copper opened at $10,652.5/mt overnight, fluctuated downward initially to touch a low of $10,615/mt, then copper prices gradually shifted upward, approaching the session's end to hit a high of $10 ...
Bears Increase Positions to Pressure LME Zinc, Center Moves Lower] Overnight, the LME zinc contract recorded a bearish candlestick, with the center of the daily candlestick moving lower. As economic ...
Macro and Fundamentals in a Tug-of-War, Aluminum Prices Expected to Hover at Highs in the Short Term] During the night session on November 5, the most-traded SHFE aluminum contract opened lower, ...
SMM Zinc Morning Comment] Overnight, SHFE zinc recorded a doji, with the MACD bullish candlestick narrowing. Overnight, SHFE zinc consolidated at high levels, supported by low LME inventory and tight ...
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database ...