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Shanghai Metals Market33m
Xinhongye: Its subsidiary Jiangsu Huaguang Cable & Electric Appliance won a bid for a project worth 42.3412 million yuan
Xinhongye announced that its wholly-owned subsidiary, Jiangsu Huaguang Cable & Electric Appliance Co., Ltd., had received a letter of acceptance from China Nuclear Industry 23 Construction Co., Ltd.
Shanghai Metals Market40m
In June, LFP material production increased 1.56% MoM. Strong ESS demand offset the slowdown in the NEV market [SMM lithium battery market analysis].
that in June, China's LFP material production increased by 1.56% MoM, with strong ESS demand offsetting the slowdown in the NEV market.
Shanghai Metals Market1h
Panamanian government: Over 33,000 mt of copper concentrates have been shipped out from the closed Cobre Panama copper mine
At the end of 2023, when the Panamanian government ordered the closure of the mine due to public protests over environmental concerns, approximately 120,000 metric tons of copper concentrates were ...
Shanghai Metals Market1h
Panamanian government: First Quantum has shipped over 33,000 mt of copper concentrates from the closed Cobre copper mine
According to MINING.COM, citing Reuters, Panama's Ministry of Trade and Industry stated on Monday that over 33,000 metric tons of copper concentrates had been shipped out from First Quantum's closed ...
Shanghai Metals Market1h
The US dollar index closed lower for six consecutive months, while copper futures overnight fluctuated at highs [SMM Copper Morning Meeting Summary]
Overnight, LME copper opened at $9,843.5/mt, touching a low of $9,812/mt early in the session before fluctuating upward throughout, reaching a high of $9,881/mt near the close. It ultimately closed at ...
Shanghai Metals Market1h
The stalemate in the magnesium market continues, with buyers and sellers locked in a tug-of-war [SMM Magnesium Morning Meeting Summary]
Today, the transaction price of magnesium ingot in Fugu area is 16,200 yuan/mt, unchanged from the previous working day. The China FOB price remains unchanged at 2,220-2,300 US dollars/mt.
Shanghai Metals Market1h
Supported by the central government! A total of 540 hydrogen refueling stations were built in China by 2024
Recently, the National Energy Research Institute released the China Energy Data Report (2025).
Shanghai Metals Market1h
Operating capacity of alumina rebounded MoM in June. Spot alumina prices may fluctuate in the short term. [SMM Alumina Morning Comment]
Futures Market: The overnight session of the most-traded alumina 2509 futures contract opened at 2,976 yuan/mt, with a high of 2,981 yuan/mt, a low of 2,941 yuan/mt, and closed at 2,944 yuan/mt, down ...
Shanghai Metals Market1h
Macro sentiment shows marginal improvement, while the long-term nickel surplus pattern is difficult to reverse [SMM Nickel Morning Meeting Summary]
Macro sentiment has improved marginally, and nickel prices are expected to fluctuate mainly around the 120,000 yuan/mt level in the short term. However, with downstream demand currently in the ...
Shanghai Metals Market1h
Why June's Secondary Lead Output Missed the Mark? July Outlook 【SMM Analysis】
In June 2025, secondary lead production recovery fell short of expectations, with a 2.39% increase MoM and a 13.57% decrease ...
Shanghai Metals Market1h
Green Hydrogen Project Tracking — Huadian's Wind and Solar Power-to-Hydrogen Project Approved
Hydrogen Energy Insights learned that on June 27, the integrated wind and solar power-to-hydrogen project in Damao Banner, Inner Mongolia, Huadian Power, was approved. The 1,000 MW wind and solar ...
Shanghai Metals Market2h
Fundamentals show increased supply and weak demand, with the center of SHFE zinc prices declining [SMM zinc morning comment]
Fundamentals Show Increased Supply and Weakened Demand, SHFE Zinc Center Pulls Back] LME zinc opened at $2,780.5/mt. After opening, LME zinc fluctuated rangebound around the daily average line, then ...