The situation of strong supply and weak demand still exists in January, with limited room for upward price correction [SMM Analysis].

Today, iron ore futures dropped significantly. The most-traded I2505 contract closed at 759.5 yuan/mt, down 2.63% from yesterday. Traders showed weak willingness to sell, while steel mills made ...

[SMM Survey: Lead-Acid Battery Enterprises Conduct Year-End Account Settlement and Inventory Check with Few Taking Holidays] According to the survey, at the end of December, end-use consumption in the ...

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[SMM Analysis: Operating Rates of Copper Wire and Cable Enterprises Declined as Expected This Week, Current Levels Are Expected Not to Have Hit Bottom Yet] This week (12.20-12.26), the operating rate ...

Today, DEC iron ore futures initially rose but later declined. The most-traded I2505 contract closed at 776.5 yuan/mt, down slightly by 0.06% from yesterday. Traders mainly followed market trends to ...

Autonomous driving technology company WeRide, in collaboration with Guangzhou Bus Group, commenced commercial operation of an autonomous minibus (Robobus) route on the Tianhe section of Guangzhou's BR ...

Spot primary aluminum prices slightly declined compared to yesterday. SMM A00 spot aluminum closed at 19,820 yuan/mt, down 10 yuan/mt from the previous trading day. Aluminum scrap market quotations ...

[SMM Tin Midday Review: SHFE Tin Prices Fluctuate Rangebound, Spot Market Transactions Mediocre] Today, SHFE tin futures prices showed a fluctuating trend, with a slight increase compared to yesterday ...

[SMM Zinc Morning Comment] Overnight, Hamas and Israel accused each other of obstructing ceasefire negotiations; it is reported that Russia has started using Bitcoin in foreign trade; MLF was renewed ...

[SMM Morning Meeting Summary: Market Still Digesting Positive Sentiment, Zinc Prices Fluctuate at Highs] Overnight, LME zinc was closed for the Christmas holiday. SHFE zinc recorded a small bullish ...