According to SMM statistics, the social inventory of domestic aluminium billet across China’s five major markets stood at 83,800 mt on January 18, up by 800 mt WoW, up by 2,700 mt compared with ...

Yesterday, transactions in the spot tin market slightly cooled down, with trading enterprises slightly raising their quotations.

Overnight, LME lead opened at $2,058.5/mt, fluctuated downward during the Asian session, and dipped to $2,037/mt in the European session.

Overnight, LME zinc prices opened at US$2,581/ton and reached a low of US$2,567/ton during the period. During the European trading session, LME zinc prices moved up and hit a high of US$2,605.5/ton, ...

Overnight, the most-traded SHFE aluminum 2501 contract opened at 20,235 yuan/mt, reached a high of 20,315 yuan/mt, a low of 20,220 yuan/mt, and closed at 20,275 yuan/mt, down 80 yuan/mt from the ...

SMM data shows that the national production of copper rod produced with copper cathode in February totaled 503,900 tons, a decrease of 300,600 tons from January, and the operating rate was 39.44%, a ...

In February, the lack of consumption due to CNY holidays drove accumulation of stocks. Lead prices thus fell back from high levels. LME lead prices dropped below the $2,000/mt mark, reaching a low of ...

Futures market: On November 27, following low-level fluctuations during the night session, SHFE nickel prices saw a slight increase in the morning. The midday closing price rose by 430 yuan/mt to ...

Platforms, for trading commodities such as the Shanghai Metals Market (SMM) offer information on market trends and predictions to traders. These platforms enable traders to predict prices by assessing ...

The cost of energy plays a role in promoting environmental sustainability by making renewable energy more accessible and reducing our dependence on fossil fuels. This transition can result in a ...

The production of steel heavily relies upon pig iron as a material necessary for creating wrought iron and steel used across various industries for different purposes. There are reasons why the cost ...

Changes, in currency value, can impact the iron ore market as they influence export competitiveness and pricing tactics well. When a currency strengthens exports become pricier which might lead to ...