News

Shanghai Metals Market5m
In H1, bauxite port inventory buildup reached nearly 10 million mt
In terms of domestic bauxite supply, according to SMM's calculations, China's bauxite production in June 2025 (30 days) decreased by 3.2% MoM and increased by 4.1% YoY.
Shanghai Metals Market17m
Magnesium plant lowers prices to stimulate transactions, with magnesium prices declining today [SMM Spot Magnesium Ingot Report]
On July 2, SMM reported that magnesium prices were in the doldrums today. The market quotes for magnesium ingots in the Fugu region ranged from 16,100 to 16,300 yuan/mt, with the mainstream ...
Shanghai Metals Market42m
Most SiMn plants hold back from selling, and spot prices remain stable for the time being [SMM SiMn Daily Review]
Review: Most SiMn alloy 65/17 producers hold back from selling, spot prices remain stable] In the northern market, SiMn alloy 65/17 (cash) is priced at 5,400-5,500 yuan/mt, down 50 yuan/mt WoW from ...
Shanghai Metals Market49m
The market sentiment is gradually turning bullish. Observe the changes in the upward pressure on lead prices [Brief Comment on Lead Futures].
The most-traded SHFE lead 2508 contract opened at 17,165 yuan/mt today. It first declined and then rose during the day, reaching a high near 17,210 yuan/mt in the afternoon. It pulled back slightly at ...
Shanghai Metals Market50m
Futures drive spot cargo prices up, and inquiries in the stainless steel market have recovered [SMM Stainless Steel Daily Review]
Futures Drive Spot Prices Up, Inquiries in Stainless Steel Market Recover Slightly] SMM reported on July 2 that, influenced by the increasingly clear expectations for US Fed interest rate cuts, the SS ...