Metal6mon
US Fed's Future Interest Rate Cut Expectations Weaken, Copper Prices Continue to Be Under Pressure [SMM Copper Morning Comment]
LME copper opened at $9,128/mt overnight, initially dipped to $9,107/mt, then rose to an intraday high of $9,218/mt, but fell all the way towards the end of the session, finally closing at $9,144.5/mt ...
Metal1h
Supply Issues Push Lead Prices Up, Attention Needed on Secondary Lead Profit Recovery [SMM Lead Morning Comment]
Overnight, LME lead opened at $2,027/mt. With the strengthening of the US dollar index, base metals were under pressure, and LME lead hovered in the range of $2,020-2,030/mt for most of the day. It ...
Metal2h
The US dollar index continues to rise, aluminum futures prices fluctuated downward overnight. [SMM Aluminum Morning Meeting Summary Nov 13]
LME zinc prices opened at $2548/mt last evening and closed down $86.5/mt or 3.39% at $2466.5/mt. Trading volume increased to 11397 lots, and open interest decreased by 1323 lots to 208,000 lots. LME ...
Metal5mon
SMM Analysis On China October Nickel Sulphate Production And November Forecast
According to SMM research, on March 20, the blast furnace operating rate was 89.45%, an increase of 0.3% month-on-month. As we celebrate March 18th as 'Global Recycling Day', it's time to shine a ...
Metal9mon
SMM Analysis On China October Stainless Steel Production And November Forecast
According to the SMM survey, the total stainless steel production in China in October 2024 increased by about 2% MoM and decreased by about 0.64% YoY, and cumulative production increased by about 3% ...
Metal1h
SMM Morning Comment For SHFE Base Metals (Nov 13)
SHANGHAI, Nov 13 (SMM) – Copper US Fed's Future Interest Rate Cut Expectations Weaken, Copper Prices Continue to Be Under Pressure [SMM Copper Morning Comment] ...
Metal7mon
SMM Nickel Market Morning Comment (Nov 13)
On November 12, Jinchuan nickel was quoted at a premium of 1,800-2,000 yuan/mt, with an average of 1,900 yuan/mt, up 100 yuan/mt compared to the previous trading day. On November 12, Jinchuan nickel ...
Metal11mon
Macro sentiment continues, SHFE zinc opens lower [SMM Zinc Morning Comment Nov 13]
Overnight, LME zinc opened at $2,979/mt, briefly fluctuated and reached a high of $2,990/mt at the beginning of the session, then fell all the way to a low of $2,916/mt at midday. US Fed's Kashkari: ...
Metal18h
Leapmotor's net loss narrows both QoQ, YoY in Q3 2024
Beijing (Gasgoo)- On November 11, Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor) released its financial results for the third quarter (Q3) of 2024, reporting revenue of 9.86 billion yuan, marking ...
Metal9mon
SMM Analysis On China October Molybdenum Concentrate Production And November Forecast
According to SMM data, China's molybdenum concentrate production in October increased by approximately 1% MoM. According to SMM data, China's molybdenum concentrate production in October increased by ...
Metal18h
China's Hubei Province aims to put over 7,000 fuel cell vehicles on roads by 2027
Shanghai (Gasgoo)- On November 8, China's Hubei Province released its Action Plan for Accelerating the Development of the Hydrogen Industry (2024-2027), outlining ambitious targets to boost its ...
Metal14h
Gasgoo Daily: NETA Auto partners with Bolivia’s largest dealer for South American expansion
On November 12, NETA Auto signed an exclusive distribution agreement with Saavedra Group, the largest automotive sales group in Bolivia. This partnership marks a significant milestone in NETA Auto's ...