[Seasonal Pullback in Orders, Operating Rates of Galvanising Producers Continue to Decline]: This week, the operating rate of galvanising producers recorded 58.72%, down 3.76 percentage points WoW. In terms of raw material inventory, zinc prices fluctuated continuously this week, downstream purchasing enthusiasm remained low, with restocking mainly driven by …

Oct 21, 2024 · Since the start of 2024, the global alumina market has faced constant supply disruptions, leading to a steady price increase. On October 14, the Shanghai Futures Exchange’s (SHFE) main alumina contract hit an all-time high, with prices reaching 4,818 yuan/ton during the day and closing at 4,815 yuan/ton. In the night session, it climbed even further to....

On January 2, 2025, China’s Ministry of Commerce issued a file titled “Notice on Adjustments to the Public Consultation for the Catalogue of Technologies Prohibited or Restricted from Exporting from China.” The notice mentions the potential implementation of export restrictions on battery and lithium processing related technologies. The deadline for feedback submission is …

Jan 6, 2025 · In the global lithium market, radical changes have taken place in recent years. With surging demand for electric vehicles, renewable energy storage systems, and burgeoning needs for advanced batteries. In light of industries moving towards cleaner and more sustainable forms of energy, lithium became one of the most essential commodities in the global supply chain. Similarly, the IEA estimated ...

Dec 27, 2024 · [SMM Analysis: China's Steel Price Trends and Outlook in 2025 Under the Background of Overcapacity] In 2024, influenced by overcapacity and increasing macro disturbances both domestically and internationally, the fluctuation range of steel prices is expected to shift further downward. Looking ahead to 2025, with heightened overseas uncertainties and a deepening imbalance of overcapacity in the ...

Shanghai Metals Market (SMM) news center supply the latest nonferrous metal price news and SMM market analysis of copper,aluminum,lead,zinc,tin,nickel etc.

Jan 19, 2025 · January 20 News: According to SMM statistics, on January 20, the social inventory of aluminum ingots in major domestic consumption areas was 455,000 mt (an increase of 15,000 mt WoW); the inventory of aluminum billets in major domestic consumption areas was 177,800 mt (an increase of 26,700 mt WoW).

【Lithium Iron Phosphate: Wanrun's Wholly-Owned Subsidiary Plans to Establish a Project Company in the US to Build a Lithium Iron Phosphate Project】On September 23, Wanrun Xinneng announced that its wholly-owned subsidiary Wanrun New Materials plans to invest USD 168 million to establish a project company, Wrestore Technology LLC, in the United States through a series of wholly-owned ...

SMM January 3 News: In 2024, the bauxite supply gap is expected to remain unchanged. Domestic alumina production exceeded expectations, and the increase in bauxite supply could not offset the growth in demand. The bauxite supply gap expanded compared to 2023. Coupled with the continued substantial profitability of alumina, alumina refineries showed increased acceptance of high-priced bauxite ...

[SMM Aluminum Morning Meeting Summary: Six Departments Issue Long-Term Capital Market Entry Plan, US Dollar Hovers at Key Level, SHFE Aluminum Continues to Weaken] Macro side, Trump officially took office. Due to market uncertainty regarding the raise tariff policy, sentiment remained volatile. The US dollar index initially fell and …