[SMM Daily Review: Strong Cost Support for High-Grade NPI, Limited Downside Room for Short-Term Prices] On January 10, SMM 8-12% high-grade NPI average price was 933.5 yuan/mtu (ex-factory, tax ...

In December 2024, China's EMD production saw a slight decline MoM. The primary reason for the slight decrease in December production was the year-end lull in the primary battery market, with no ...

Limited Upward Correction Space for Prices as Supply Remains Strong and Demand Weak in January] Stainless steel prices in December 2024 remained generally weak and stable. The average monthly price of ...

Copper Prices Rose This Week as Year-End Effects Emerged; How Far Can the "Trump Trade" Drive Copper Prices?] Early this week, the US dollar index pulled back to around 108 before rising above 109 ...

According to SMM, most enterprises remain pessimistic about post-holiday ferrous metals prices and are not planning to stockpile in large quantities. Finished product inventories are expected to ...

Today, DCE iron ore futures fluctuated upward throughout the day. The most-traded I2505 contract finally closed at 753.5 yuan/mt, up 0.53% for the day.

[Sluggish Refined Nickel Transactions During the Week, Premiums and Discounts Declined This Week] This week, nickel prices showed a fluctuating trend, with spot prices ranging between 122,800-128,900 ...

Limited Downstream Stockpiling Before the Holiday, Increased Purchase Willingness for 107 Silicone Rubber Amid Discounts] This week, silicone 107 rubber was quoted at a stable price of 13,150 yuan/mt.

[SMM Analysis: US Dollar Index Surges Above 109, Non-US Currencies Weaken Collectively] According to CNN on January 8, Trump is considering declaring a "national economic emergency" in the US to ...

[SMM Analysis: "Winter Thaw" Begins to Emerge, Stainless Steel Futures Show Clear Signs of Recovery] This week, the most-traded SS2503 futures contract saw a significant price increase. The opening ...

[SMM Analysis: Steel Mills Gradually Begin Maintenance Plans, Supply and Demand Gradually Balance] This week, stainless steel spot prices stabilized the downward trend due to the rise in futures. As ...

Stainless Steel Scrap Prices Decrease by Another 150 Yuan/mt as Raw Material Support Weakens Further] Influenced by the rise in futures prices, although spot cargo remains relatively weak, prices ...