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News
[News Flash] SAIL commissions first micro pellet plant at Rourkela to boost circular steelmaking
1+ hour, 46+ min ago (193+ words) Shanghai Metals Market [News Flash] SAIL commissions first micro pellet plant at Rourkela to boost circular steelmaking Steel Authority of India Ltd (SAIL) has commissioned its first Micro Pellet Plant at its Rourkela Steel Plant (RSP), marking a step forward…...
Copper social inventory edged up slightly, high copper prices weighed on downstream demand [SMM weekly data] - Shanghai Metals Market (SMM)
1+ day, 1+ hour ago (249+ words) Copper social inventory edged up slightly, high copper prices weighed on downstream demand [SMM weekly data] Shanghai Metals Market Copper social inventory edged up slightly, high copper prices weighed on downstream demand [SMM weekly data] Data summary: As of Thursday,…...
Equity Transfer of 15% Stake in Hydrogen Energy Enterprise Extended Again, With Base Price Still at 8.0555 Million Yuan - Shanghai Metals Market (SMM)
3+ day, 7+ hour ago (369+ words) Equity Transfer of 15% Stake in Hydrogen Energy Enterprise Extended Again, With Base Price Still at 8.0555 Million Yuan Shanghai Metals Market Equity Transfer of 15% Stake in Hydrogen Energy Enterprise Extended Again, With Base Price Still at 8.0555 Million Yuan Recently, the Guizhou…...
Mingyang Hydrogen Energy Selected as 2025 China Potential Unicorn Enterprise, Continuously Releasing Growth Potential - Shanghai Metals Market (SMM)
1+ week, 3+ day ago (510+ words) Mingyang Hydrogen Energy Selected as 2025 China Potential Unicorn Enterprise, Continuously Releasing Growth Potential Shanghai Metals Market Mingyang Hydrogen Energy Selected as 2025 China Potential Unicorn Enterprise, Continuously Releasing Growth Potential Recently, at the 2026 Potential Unicorn Enterprise Development Conference (Wuxi) held in…...
[SMM Analysis] This Vietnamese Steel Enterprise Quietly Tops Southeast Asia, While the World Barely Knows - Shanghai Metals Market (SMM)
2+ week, 2+ hour ago (312+ words) Malaysia's import structure reflects an uneven domestic steel industrial coverage. Although the country has sizable steel capacity, domestic production remains concentrated mainly in certain long products and common commercial-grade steel, while imported materials continue to play an important role in…...
Tariff Implementation Coupled with Strong US Dollar, Copper Prices Pulled Back Under Pressure at the End of the Week [SMM Macro Weekly Review] - Shanghai Metals Market (SMM)
2+ week, 6+ hour ago (549+ words) Tariff Implementation Coupled with Strong US Dollar, Copper Prices Pulled Back Under Pressure at the End of the Week [SMM Macro Weekly Review] Shanghai Metals Market Tariff Implementation Coupled with Strong US Dollar, Copper Prices Pulled Back Under Pressure at…...
Deepening Industry Exchange | SMM Visits Yunnan Luoping Zinc & Electricity Co., Ltd. to Explore New Opportunities in Zinc Industry Development - Shanghai Metals Market (SMM)
2+ week, 23+ hour ago (160+ words) This visit established a bridge for industry information sharing. In the future, both parties will maintain regular communication and exchanges, continuously collaborate to explore paths of industrial synergy, and jointly promote the steady and high-quality development of the zinc industry....
Market Sentiment Dominated by Wait-and-See Amid Geopolitical Fluctuations; Most-Traded SHFE Tin Contract Consolidates Above 400,000 Supported by Low Inventory [SMM Tin Midday Commentary]
3+ week, 3+ day ago (257+ words) Tin Midday Review, July 14, 2026 The most-traded SHFE tin contract consolidated, opening at 411,000 yuan/mt and closing the morning session at 409,810 yuan/mt, down 0.70%. On the LME, three-month tin was currently reported at $52,830/mt, up 1.11%. On the macro front: (1) The US…...
US Dollar Weakens, Metals Broadly Lower, Lithium Carbonate Falls Over 5%, SHFE Tin, Stainless Steel, SHFE Silver, Platinum and Palladium Lead Declines [SMM Midday Review]
4+ week, 1+ day ago (429+ words) SMM July 9 news: In the metals market: As of the midday close, base metals on the domestic market fell across the board. SHFE copper and SHFE aluminum fell 0.68% and 0.65%, respectively. SHFE zinc fell 0.77%, SHFE lead fell 0.19%. SHFE tin fell 1.69%. SHFE…...
Gold – Building a Bottom Before the Summer Rally - Shanghai Metals Market (SMM)
1+ mon, 1+ day ago (1404+ words) As feared, the falling 50-day moving average (4,468 USD) has posed an insurmountable hurdle for the price of gold in recent months. Since the last bounce off this moving average on May 12 at $4,773, the downtrend has accelerated significantly. In particular, breaking…...