Shanghai Metals Market11m
The tin inventories of the two major exchanges showed divergence, with SHFE tin inventory rising to a six-month high.
The London Metal Exchange (LME) released data showing that LME tin inventory experienced a rapid decline last week, while this week's inventory remained stable. The latest inventory level stood at ...
Shanghai Metals Market17m
【SMM Hot Topic】Vietnam Imposes Anti-Dumping Duties on Galvanized Products from China Again, What's the Impact?
The Ministry of Industry and Trade of Vietnam issued Announcement No. 924/QD-BCT, making a negative final ruling in the first sunset review of anti-dumping measures on galvanized steel sheets ...
Shanghai Metals Market11m
Overseas supply disruptions dominated, SHFE tin hit a new stage high [Intraday News]
SHFE tin surged rapidly, with the most-traded contract experiencing a significant increase. The recent strong performance of tin prices is primarily attributed to disruptions in overseas mines. The ...
Shanghai Metals Market33m
Drilling at the Bondiali Gold Mine in the Republic of Côte d'Ivoire Encountered High-Grade Ore
Aurum, a West African exploration company, discovered a thick, high-grade ore body through infill drilling at its Boundiali gold project in the Republic of Côte d'Ivoire. An infill drill hole ...
Shanghai Metals Market1h
Secondary Lead Smelters Witnessed a Wave of Resumed Production in March, What Are the Production Plans for April? [SMM Analysis]
Secondary Lead Smelters Witnessed a Wave of Resumed Production in March, What Are the Production Plans for April?] SMM, April 2: In March 2025, the comprehensive profit and loss of secondary lead ...
Shanghai Metals Market2h
SMM Rare Earth Morning Meeting Summary: Rare Earth Quotations Remain Firm, Back-and-Forth Negotiations Between Upstream and Downstream Stay Stable
Supply and Demand: Yesterday, the prices of rare earth oxides remained generally stable. The price of Pr-Nd oxide still experienced a slight decline, while dysprosium and terbium remained relatively ...
Shanghai Metals Market2h
On April 2, the central parity rate of the RMB in the interbank foreign exchange market was 7.1793 yuan per US dollar.
The People's Bank of China authorized the China Foreign Exchange Trade System to announce that on April 2, 2025, the central parity rate of the RMB in the interbank foreign exchange market was 7.1793 ...
Shanghai Metals Market2h
Philippine Nickel Ore Supply Remains Weak, High-Grade NPI Prices Expected to Remain Stable [SMM Nickel Morning Meeting Summary]
SMM reported on April 1 that the spot premiums/discounts for Jinchuan No.1 nickel were quoted in the range of 1,600-1,800 yuan/mt, with an average premium of 1,700 yuan/mt, up 250 yuan/mt from the ...
Shanghai Metals Market2h
Sumitomo Metal Japan plans to cut copper production by 2.6% in the 25/26 fiscal year.
On Tuesday, April 1, Sumitomo Metal Mining, a Japanese copper smelter, announced that it plans to produce 433,000 mt of refined copper in the 2025/26 fiscal year starting this month, a decrease of 2.6 ...
Shanghai Metals Market1h
On April 2, Anyang Steel Adjusted the Purchase Price of Steel Scrap in Henan
【Anyang Steel Scrap Price Adjustment】To all steel scrap suppliers, Anyang Steel will keep the steel scrap procurement price unchanged starting from April 2. The specific price is subject to the steel ...
Shanghai Metals Market2h
The center of SHFE zinc shifted downward due to the drag of reciprocal tariff prospects [SMM Morning Comment].
Comment】The most-traded SHFE zinc 2505 contract opened at 23,480 yuan/mt. At the beginning of the session, shorts increased their positions, causing SHFE zinc to plunge and test a low of 23,230 ...
Shanghai Metals Market2h
Against the backdrop of ample market supply, alumina prices may continue to fluctuate downward in the short term [SMM Alumina Morning Comment].
Futures market: In the night session, the most-traded alumina 2505 futures contract opened at 2,946 yuan/mt, with a high of 2,954 yuan/mt, a low of 2,932 yuan/mt, and closed at 2,942 yuan/mt, down 9 ...