Dalian iron ore fluctuated repeatedly throughout the day. The most-traded I2505 contract finally closed at 800.5 yuan/mt, up 0.13% for the day. The sentiment in the spot market was average.

EMM Prices Remain Firm, Market Temporarily Stable] The average spot price of EMM in major production areas stood at 12,400-12,600 yuan/mt, flat MoM; FOB prices averaged $1,700-1,740/mt, also flat MoM.

Futures Fluctuate Upward, Market Remains Stable] The SM2505 contract opened at 6,750 yuan/mt, fluctuated upward after the morning session, and finally closed at 6,764 yuan/mt, up by 1.08%. The daily ...

[US Secondary Copper Raw Material Exports: Slight Decline in Chinese Demand, Thailand Market Emerges] According to SMM, in November 2024, US secondary copper raw material exports reached 86,800 mt, up ...

Hyperview, a Chinese company in autonomous driving and green transportation, partnered with Saudi Aramco last year to launch this groundbreaking hydrogen-powered truck, marking a major milestone in ...

[SMM BC Copper Commentary: Market Risk Appetite Declines, BC Copper Most-Traded Contract Pulls Back] SMM, January 20: Today, the most-traded BC copper 2502 futures contract opened lower and moved ...

How Is the Holiday Arrangement of Galvanising Enterprises During the Chinese New Year? As the Chinese New Year holiday approaches, galvanising enterprises are gradually planning their holiday ...

Beijing (Gasgoo)- Preliminary estimates from the China Passenger Car Association (CPCA) indicate that China's passenger vehicle retail sales are expected to reach approximately 1.75 million units in ...

Today, the most-traded SHFE aluminum 2503 contract opened at 20,550 yuan/mt, with a high of 20,550 yuan/mt, a low of 20,345 yuan/mt, and closed at 20,405 yuan/mt, down 0.17%. Trading volume was ...

According to statistics from the General Administration of Customs, China exported approximately 39,200 mt of various magnesium products in December 2024, up 4.81% MoM and up 9.80% YoY. The export ...

On January 20, SMM A00 aluminum closed at 20,260 yuan/mt, down 80 yuan/mt, with a discount of 60 yuan/mt to the February contract, up 20 yuan/mt. The price spread between Henan and Shanghai was -140 ...

Active Downstream Purchasing Drives EMM Export Volume Up MoM] According to the latest release by the General Administration of Customs, SMM statistics show that in December 2024, China's exports of ...