[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 ...

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 ...

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 ...

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 ...

As of today, the SMM alumina index has dropped to 5,321 yuan/mt, accumulating a decline of 448 yuan/mt from the peak in December 2024. In the latter part of this week, the decline in alumina prices ...

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: Inventory Buildup in North China and Destocking in South China, Social Inventory of Silicon Metal Declines] According to SMM statistics, as of January 10, the total social inventory of silicon ...

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 ...