News

After SMM learned about market news, Yuguang Gold and Lead Group started a tender for 200 mt of bismuth ingot, 10 mt of indium ingot, 5 mt of tellurium ingot, and 90 mt of crude selenium on July 31.
The United States will implement new tariff measures starting August 9, 2025, imposing a baseline 10% duty on imports from trading partners without negotiated agreements. For EU products, tariffs ...
Support for Refusing to Budge on Prices Weakens, Prices May Remain Weak in the Future] Today, magnesium producers' reluctance to budge on prices has slightly weakened. There are low-priced supplies ...
Fundamental Impact Far Exceeds Fundamentals, Lead Prices Both Domestically and Overseas Fall to Two-Month Lows] SMM August 1 News: Overnight, LME lead opened at $1,990/mt. Under the pressure of weak ...
Lead Prices Continue to Fall, Follow-up Focus on Cost Support of Secondary Lead] As the tariff deadline approaches, the US intensifies pressure, with multiple countries rushing to Washington for ...
Fundamentals Show Increased Supply and Weakened Demand, SHFE Zinc Maintains Fluctuating Trend] Overnight, the most-traded SHFE zinc 2509 contract opened at 22,300 yuan/mt. In the early session, SHFE ...
Futures: The most-traded SHFE tin contract (SN2509) opened lower in the night session and maintained a low-level consolidation, closing at 264,200 yuan/mt, down 0.74% from the previous trading day.
Weak downstream demand leads to decline in galvanizing operating rate]: This week, the operating rates of galvanising producers stood at 56.77%, a decrease of 2.64 percentage points WoW. In terms of ...
LME copper opened at $9,626/mt overnight, initially climbed to a high of $9,665/mt, then fluctuated downward to hit a low of $9,580.5/mt during the session, and maintained rangebound fluctuations ...
Social Inventory: On July 31, LME zinc inventory fell by 4,250 mt to 104,800 mt, a decrease of 3.9%. According to SMM, as of July 31, the total zinc ingot inventory across seven locations tracked by ...
Futures market: LME copper opened at $9,626/mt overnight, initially climbed to a high of $9,665/mt, then fluctuated downward to hit a low of $9,580.5/mt during the session, and maintained rangebound ...
On July 14, Wu Xiaodong, Deputy Director of the Shanghai Office in Fushan District, Yantai City, and Liu Zeyu, along with ...