Metal

Schaeffler signs deal to sell China-based turbocharger business

On Nov. 4, Schaeffler Group signed an agreement to sell its China-based turbocharger business to Chengdu Xiling Power Science ...
Shanghai Metals Market

Porsche inaugurates new R&D center in China to accelerate local innovation, market responsiveness

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 ...
Shanghai Metals Market

Advantages of Oxide Route In-Situ Curing Technology Facilitate Rapid Deployment of Chongqing Talent's Solid-State Battery Business

Chongqing Talent has been focusing on the oxide electrolyte and in-situ curing technology route. Semi-solid-state batteries ...
Shanghai Metals Market

Cost-Driven Factors and Concentrated Procurement Push Up Fugu Magnesium Prices, Trading Slows After Single-Day Surge [SMM Spot Magnesium Ingot Express]

Cost-Driven Factors and Concentrated Procurement Lead to Single-Day Price Surge in Fugu, Followed by Slower Trading] On November 5, trading activity in the Fugu magnesium ingot market was brisk, with ...
Shanghai Metals Market

BC Copper 2512 contract edged down slightly, US dollar index rose and continued to weigh on copper prices [SMM BC Copper Review]

SHFE copper contract 2512 settled at 85,670 yuan/mt. Based on the BC copper 2512 contract price of 76,230 yuan/mt, its after-tax price is 86,140 yuan/mt. The price spread between SHFE copper 2512 and ...
Shanghai Metals Market

[Domestic Iron Ore Brief Review] Iron Ore Concentrate Prices in the Tangshan Region May Remain in the Doldrums

Iron Ore Concentrate Prices in Tangshan May Remain in the Doldrums] Iron ore concentrate prices in Tangshan edged lower this week, with local supply from mines and beneficiation plants remaining ...
Shanghai Metals Market

SHFE lead fluctuated within a range during the day, ending with a slight gain [Lead Futures Brief Review]

The most-traded SHFE lead 2512 contract opened at 17,455 yuan/mt and fluctuated within a range of 17,430-17,540 yuan/mt after opening, finally closing at 17,475 yuan/mt, up 30 yuan/mt or 0.17%, with ...
Shanghai Metals Market

SS Futures Remain Weak, Steel Mills Cut Prices, Stainless Steel Spot Cargo Follows Decline [SMM Stainless Steel Daily Report]

SS Futures Remained Weak, Steel Mills Lowered Prices and Spot Stainless Steel Followed Suit] SMM, November 5: SS futures showed a downward trend. Today, ferrous metals futures weakened further, and SS ...
Shanghai Metals Market

[SMM Chromium Daily Review] Transactions Have Not Improved, Market in the Doldrums

Chromium Market Under Pressure, Transactions Yet to Recover] November 5, 2025: The ex-factory price of high-carbon ferrochrome in Inner Mongolia today was 8,150-8,200 yuan/mt (50% metal content), flat ...
Shanghai Metals Market

Copper prices returned to the 85,000 yuan/mt level, with downstream short-term concentrated restocking and improved transaction activity [SMM Shanghai spot copper]

SMM Shanghai Spot Copper] Looking ahead to tomorrow, copper prices are expected to stabilize after a sharp decline, as downstream demand recovers briefly but most market participants remain in a ...
Shanghai Metals Market

VW, Horizon Robotics' JV to design, develop computing solution in China for ADAS, autonomous driving system R&D

According to the companies, this marks a major step for Volkswagen in strengthening its technological foundation for intelligent mobility.
Shanghai Metals Market

[SMM Coal and Coke Daily Briefing] 20251105

SMM Coal and Coke Daily Briefing] In terms of news, mainstream steel mills have accepted the third round of coke price increases, effective from 00:00 on November 5, marking the official ...