Shanghai Metals Market1h
The US announced reciprocal tariffs, and market concerns are expected to weigh on copper prices. [SMM Copper Morning Meeting Summary]
US Reciprocal Tariffs Announced, Market Concerns Expected to Weigh on Copper Prices. On April 2, spot prices of #1 copper ...
Shanghai Metals Market9m
SMM HRC Weekly Balance: Production May Gradually Increase, Social Inventory Decline Narrowed This Week
This week, steel mills in south China resumed production after maintenance, while some mills in the north continued maintenance, resulting in a rangebound fluctuation in HRC production MoM.
Shanghai Metals Market32m
Orient Cable: Utilizing Overseas Investment Platform to Promote International Market Expansion, Company Capacity Fully Booked by 2025
Independent Director Liu Yansen replied that the company achieved overseas business revenue of 733 million yuan in 2024, up 480.54% YoY, mainly from Europe, Southeast Asia, and the Middle East. In ...
Shanghai Metals Market45m
【SMM Analysis】Costs Remained Stable with Fluctuations, Anode Material Prices Held Steady This Week
【SMM Analysis: Costs Remained Stable and Fluctuated, Anode Material Prices Held Steady This Week】SMM, April 3: This week, the price of artificial graphite remained stable WoW. Cost side, influenced by ...
Shanghai Metals Market41m
Japan’s Q2 aluminium premium crashes to five-quarter-low as US tariff intervenes trade
After an initial aggressive uptick at the beginning of March, the premium for Japanese aluminium’s outbound trade during the second Quarter of 2025 (April to June) has reportedly crashed to USD 182 ...
Shanghai Metals Market43m
【SMM Analysis】Limited Profit Margin, Graphitisation Tolling Services Prices Remained Stable This Week
SMM Analysis: Limited Profit Margin, Graphitisation Tolling Prices Remained Stable This Week. SMM, April 3: Graphitisation prices were relatively stable this week, with the average price of Acheson ...
Shanghai Metals Market59m
On April 3, Anyang Steel Adjusted the Purchase Price of Steel Scrap in Henan
【Anyang Steel Scrap Price Adjustment】To all steel scrap suppliers, Anyang Steel will keep the purchase price of steel scrap unchanged starting from April 3. The specific price is subject to the price ...
Shanghai Metals Market46m
China tightens regulations on new alumina plant construction to address overcapacity
With an agenda of counteracting persistent overcapacity and subsequently stabilising global alumina prices, China has come up with a bunch of measures (of course, in a series) aimed at curtailing the ...
Shanghai Metals Market48m
SMM Morning Comment For SHFE Base Metals (Apr 3)
LME copper opened at 9,702.0 overnight, reaching a high of 9,721.0 and a low of 9,670.0 during the session, showing a fluctuating trend overall.
Shanghai Metals Market1h
On April 3, the central parity rate of the RMB in the interbank foreign exchange market was 7.1889 yuan per US dollar.
The People's Bank of China authorized the China Foreign Exchange Trade System to announce that on April 3, 2025, the central parity rate of the RMB in the interbank foreign exchange market was 7.1889 ...
Shanghai Metals Market1h
【4.3 Lithium Battery News】Trump's 25% Tariff on Automobiles Took Effect on April 3
Trump: 25% Tariff on Cars to Take Effect on April 3】US President Trump announced a 25% tariff on imported cars on April 2 local time. Trump stated that the 25% tariff on cars will take effect on April ...
Shanghai Metals Market1h
The implementation of U.S. tariffs reignited trade war concerns, with copper prices expected to decline in response. [SMM Morning Comment on Copper]
US Tariffs Implemented, Trade War Concerns Resurface, Copper Prices Expected to Decline】Macro side, around 4 AM Beijing time on Thursday, US President Trump delivered a speech in the White House Rose ...