News

Shanghai Metals Market1m
Fluctuating Copper Prices Spur Suppliers of Secondary Copper Raw Material to Sell [SMM Daily Review of Secondary Copper]
Check SMM copper quotes, data, and market analysis 》Subscribe to view historical price trends of SMM metal spot cargo. SMM, May 12. At 11:30 today, the futures closing price ...
Shanghai Metals Market5h
Enterprises' enthusiasm for production resumption has increased, putting zinc prices under medium-term pressure.
At the beginning of this year, driven by expectations of a slowdown in the US Fed's interest rate cuts and a decline in ...
Shanghai Metals Market2h
From January to April, China's automobile production and sales both exceeded 10 million units for the first time.
According to statistics, from January to April this year, China's auto production and sales reached 10.175 million units and 10.06 million units respectively, up 12.9% and 10.8% YoY. Among them, the ...
Shanghai Metals Market1h
China-U.S. Economic and Trade Negotiations Concluded, Macro Sentiment Rebounds Triggering Copper and Aluminum Rebound [Institutional Commentary]
Futures Market] During the night session, SHFE copper moved downwards after a higher opening. It surged at the opening this morning and then fluctuated, before strengthening in the afternoon. The most ...
Shanghai Metals Market2h
Rio Tinto and Sumitomo Metal Mining Sign Final Joint Venture Agreement for Winu Copper-Gold Project in Western Australia
On May 12 (Monday), Rio Tinto announced on its official website that it and Sumitomo Metal Mining (SMM) had signed a definitive joint venture agreement for the Winu copper-gold project in Western ...
Shanghai Metals Market2h
Foreign Capital Takes the Lead! Morgan Stanley: Hedge Funds Increased Their Holdings of Chinese Stocks Last Week
On Friday (May 9), Morgan Stanley noted in a report that after seeing signs of a possible trade deal between China and the US, US hedge funds bought shares traded on US stock exchanges and the A-share ...
Shanghai Metals Market2h
Mutual Reduction of Tariffs Between China and the US Drives Up Oil Prices: Rebound Begins or Volatility Continues?
Goldman Sachs earlier projected that for the remainder of 2025, the average price of Brent crude oil will remain at $60 per barrel, with WTI crude oil averaging $56 per barrel. In 2026, Brent crude ...
Shanghai Metals Market2h
China-U.S. Tariff Slowdown, SS Futures Market Strengthens, Market Pessimism Eases, Spot Costs Improve [SMM Stainless Steel Spot Daily Review]
Slowdown in US-China Tariffs Strengthens SS Futures Market, Eases Market Pessimism, and Shifts Spot Costs] SMM reported on May 12 that today, high-level economic and trade talks between China and the ...
Shanghai Metals Market2h
China-US statement sparks global optimism: Hong Kong and US stocks surge, gold drops to nearly one-month low
Upon the release of this news, global financial markets immediately became volatile. The Hong Kong stock market surged significantly, US stock index futures also rose rapidly, while gold prices fell ...
Shanghai Metals Market2h
HK Stocks Close | Sino-US Economic and Trade Positives Boost Three Major Indices, Internet and Consumer Electronics Stocks Lead the Performance
Boosted by the positive news from the China-US economic and trade talks, the three major indices of Hong Kong stocks strengthened across the board. At the close, the Hang Seng Index rose by 2.98% to ...
Shanghai Metals Market2h
SMM's Overview of EV Battery Market on May 12 [SMM Evening News]
Dealers in Shanxi reported that the off-season trend in the e-bike lead-acid battery market remained unchanged, with slow digestion of battery inventories. During the Labour Day holiday, local dealers ...
Shanghai Metals Market2h
Silicon Coal Prices Experience Another General Decline, Short-Term Market Pressure Intensifies [SMM Analysis]
[Silicon coal prices experience another round of widespread decline, with short-term market pressure intensifying] Since May, the domestic silicon coal market has once again witnessed a wave of price ...