News

Analysis] Trading sentiment for copper and aluminum was cautious today. Although there were signs of easing in the tariff war, US economic data, such as the US ADP employment data and ISM ...
SMM, June 5: This week (May 30-June 5, 2025), the total inventory in Wuxi and Foshan's two major stainless steel markets showed a significant inventory buildup, rising from 967,500 mt on May 29, 2025, ...
Social Inventory Continues to Increase, SHFE Zinc Maintains Fluctuating Trend] The most-traded SHFE zinc 2507 contract opened at 22,365 yuan/mt. In the early session, bulls increased their positions, ...
Sichuan Jinhuineng New Materials Co., Ltd., originated from Shenzhen Jinrun Company established in 2004, was transformed from the pilot platform of the Institute of Metal Research, Chinese Academy of ...
Low Prices Fail to Boost Transactions, Stainless Steel Inventory Accumulates] SMM reported on June 5 that today, the SS futures market was in the doldrums. The spot market continued its sluggish ...
SMM, June 5: Today, domestic magnesium prices continued to decline. The mainstream quotations for spot 99.90% magnesium ingot in the Shaanxi market ranged from 16,200 to 16,300 yuan/mt, with ...
DCE iron ore futures open higher and go lower, futures fall in the day. The main contract I2409 closed at 865.5 . an decrease of 0.75% throughout the day .
DCE iron ore futures opened higher and moved downwards after a higher opening, fluctuating rangebound throughout the day. The most-traded contract I2509 eventually closed at 701, with a daily decline ...
According to SMM statistics, the total social inventory of silicon metal in major regions was 587,000 mt on June 5, a WoW decrease of 2,000 mt. Among them, the social general warehouse inventory was ...
On May 29, Dongfeng Motor Group held a major event in Warsaw to officially introduce its three self-owned brands—DONGFENG, VOYAH, and MHero—to the Polish market. Shanghai (Gasgoo)- On May 29, Dongfeng ...
Refined Cobalt Prices Decline Slightly] This week, the spot price of refined cobalt declined slightly. Supply side, the market is still digesting the pace of social inventory reduction. The economic ...
In response to the "cut-throat competition" phenomenon in the current automotive industry, the Ministry of Commerce (MOFCOM) will actively collaborate with relevant departments to strengthen ...