Unclear Market Direction During Negotiation Window as Spot Cargo Maintained Rigid Demand Amid Consolidation at Highs] ...

Data from the NBS showed that in March, consumer demand pulled back seasonally after the extended Chinese New Year holiday, with the Consumer Price Index (CPI) down 0.7% MoM and up 1.0% YoY. (2) ...

Guangdong #1 copper cathode spot prices against the front-month contract today: high-quality copper was quoted at a premium of 200 yuan/mt, up 10 yuan/mt from the previous trading day; ...

Low Activity in Market Distribution — GO Silicon Steel Prices May Be in the Doldrums Next Week] This week, cold-rolled grain-oriented silicon steel prices remained generally stable, with strong ...

Weak End-User Demand Exerted Pressure, High-Grade NPI Prices Edged Down] On April 10, SMM's upstream sentiment index for high-grade NPI was 2.74, up 0.03 MoM, while the downstream sentiment index for ...

According to SMM statistics, total construction steel inventory this week was 9.6697 million mt, down 311,200 mt WoW (-3.12%). Both mill inventory and social inventory continued destocking, though the ...

The operating rate of the enamelled wire industry pulled back 1.33 percentage points to 86.47% this week, with new orders declining 6.95 percentage po ...

Precious metal prices continued their volatile trend today. In the spot market, suppliers mainly quoted at slight premiums.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal ...

Greece’s Public Power Corp (PPC) has completed 2.13 GW of solar PV installations on former lignite mine sites, creating the largest PV cluster in Euro ...

OpenAI told investors this week that its early aggressive move to increase computing resources gave it a key advantage over Anthropic in their competi ...

Venezuela's ruling party-controlled National Assembly on Thursday approved a mining law aimed at opening the sector to private and foreign investment.