News

Shanghai Metals Market14h
Wall Street's Take on Tonight's Non-Farm Payrolls: If the Number Falls Below 100,000, Will the Bull Market in U.S. Stocks End?
Whisper numbers are unofficial and unpublished forecasts circulating among Wall Street professionals, often disclosed to VIP ...
Shanghai Metals Market11h
High-Grade NPI Prices Are Under Pressure, With Worsening Dilemmas On Both The Supply And Demand Sides
This week, the average price of SMM 8-12% high-grade NPI was 954.6 yuan/mtu (ex-factory, tax included), marking a 1.3 ...
Shanghai Metals Market7h
MINIEYE secures designated contract with Changan Automobile for ADAS domain controllers
As the designated supplier for this project, MINIEYE will provide advanced driver-assistance domain controllers capable of supporting a comprehensive range of driving scenarios—including highway, ...
Shanghai Metals Market13h
Rare earth prices rise significantly, downstream transactions remain at a standstill [SMM Rare Earth Daily Review]
Rare Earth Prices Rise Significantly, Downstream Transactions Stall] Currently, rare earth market prices have risen significantly, mainly concentrated in the light rare earth sector. This increase has ...
Shanghai Metals Market10h
India's central bank unexpectedly cuts interest rate by 50 basis points! It changes its monetary policy stance to "neutral".
Following the unexpected interest rate cut by the RBI, the Indian stock market surged, reversing an opening decline of 0.3% to a current gain of 0.87%. Additionally, the country's Nifty Bank Index ...
Shanghai Metals Market11h
Expectations for off-season strengthen, steel prices may be in the doldrums next week [SMM Steel Industry Chain Weekly Report]
Forecast for next week: Off-season expectations strengthen; steel prices may remain in the doldrums next week ...
Shanghai Metals Market14h
Nandan County South China Nonferrous Metals tenders for approximately 3,000 kg of indium ingots [SMM Indium Report]
News: According to official sources, Nandan County South China Nonferrous Metals Co., Ltd. plans to export indium ingots with specifications of 99.995% and execution standard YS/T257-2009, ...
Shanghai Metals Market13h
Weak demand coupled with cost pressure continued to drive down the operating rate of brass billet producers in May [SMM analysis]
According to SMM data, the operating rates of copper billet producers reached 50.61% in May 2025, down 4.36% MoM, indicating a weakening trend in the industry. By scale, the operating rate of large ...
Shanghai Metals Market9h
"Producing More Means Losing More" Becomes a Mantra: Can Secondary Lead Smelters Break Free from Their Predicament in June? 【SMM Analysis】
The end-use consumption of lead-acid batteries is the lifeblood of the entire lead industry chain. Currently, weak downstream consumption has led to a low replacement rate of new and old batteries and ...
Shanghai Metals Market11h
Terminal orders remain stable, while operating rates of copper foil enterprises increase slightly [SMM Analysis]
[SMM Analysis: Terminal Orders Remain Stable, Operating Rates of Copper Foil Enterprises Increase Slightly] According to SMM, the operating rate of copper foil enterprises was 72.16% in May 2025, up 0 ...
Shanghai Metals Market10h
Strong profits from smelting acid strongly support copper smelting business [SMM Analysis]
[SMM Analysis: Strong Profitability of Smelting Acid Supports Copper Smelting Business] SMM believes that the backwardation structure of SHFE will weaken in the future market, and the premise of our ...
Shanghai Metals Market10h
Monthly foreign capital inflows into Asian stock markets hit a 15-month high!
As the US-China trade tensions eased in May, Asian stock markets attracted significant inflows of foreign capital during the month. According to LSEG data, foreign investors collectively purchased ...