News

Shanghai Metals Market12h
Rare earth permanent magnets exports in April 2025 hit a record low in nearly five years! [SMM Analysis]
SMM May 24 News: In April 2025, the exports of rare earth permanent magnets reached 2,627 mt, down 51% MoM and 45% YoY, hitting a record low in the past five years. It is reported that the significant ...
Shanghai Metals Market1d
Detailed Customs Data for Copper Foil in April 2025: MOM Decline in Import and Export Volumes [SMM Analysis]
SMM Analysis: According to data from the General Administration of Customs, China's copper foil imports in April 2025 were ...
Shanghai Metals Market1d
As the aftermath of the trade war lingers, the import pattern of secondary copper in China is accelerating its restructuring
The latest data from the General Administration of Customs (GAC) indicates that in April 2025, China's imports of copper ...
Shanghai Metals Market1d
US dollar falls, metals show mixed performance; New York gold, polysilicon rise over 1%, alumina falls over 2% [SMM Daily Review]
In the overseas market, as of 15:03, overseas market base metals generally rose, with only LME copper falling 0.04%. LME lead ...
Shanghai Metals Market1d
DEEPAL S09 SUV hits market, powered by Huawei’s cockpit OS, ADAS
Shanghai (Gasgoo)- On May 22, DEEPAL, a new energy vehicle (NEV) brand under Changan Automobile, officially put the DEEPAL S09, a large-sized SUV positioned as a "smart flagship for families", onto ...
Shanghai Metals Market1d
US dollar weakens, copper prices hold up well [SMM Copper Morning Meeting Summary]
US Dollar Weakens, Copper Prices Hold Up Well] On May 22, spot prices of SMM #1 copper cathode against the 2506 contract for ...
Shanghai Metals Market1d
High-Grade Nickel Pig Iron Prices Stabilize Amid Supply and Demand Dynamics
This week's average price for SMM 8-12% high-grade nickel pig iron (NPI) reached 947.3 RMB per nickel point (ex-factory, ...
Shanghai Metals Market1d
Faraday Future takes over UAE factory to support production of FF, FX’s models
Shanghai (Gasgoo)- Faraday Future (FF) announced on May 23 that it had held a formal handover ceremony for its first regional facility in Ras Al Khaimah, United Arab Emirates. The facility will ...
Shanghai Metals Market1d
Dongfeng Motor, Huawei deepen strategic partnership to boost smart mobility innovation
Shanghai (Gasgoo)- On May 23, Dongfeng Motor Corporation ("Dongfeng Motor") and Huawei Technologies Co., Ltd. ("Huawei") officially signed a comprehensive strategic cooperation agreement in Wuhan, ...
Shanghai Metals Market1d
Die-casting zinc alloy exports in April hit a new decade-high! How will subsequent exports develop?
In terms of export destinations, the top three countries and regions for China's unwrought zinc alloy exports in April were Taiwan, China (1,085.55 mt), Vietnam (154.62 mt), and Bangladesh (30.85 mt), ...
Shanghai Metals Market1d
Next week, pig iron production is still expected to decline, and iron ore prices are under pressure, in the doldrums [SMM Commentary]
DCE iron ore futures were in the doldrums, with the most-traded contract I2509 closing at 727, up 1.24% for the day. Traders sold goods in line with market conditions. As the weekend approached, steel ...
Shanghai Metals Market1d
Aluminum prices rebound slightly, secondary aluminum market operates steadily [Daily Review of ADC12 Prices]
[Daily Review of ADC12 Prices: Aluminum Prices Rebound Slightly, Secondary Aluminum Market Operates Steadily] Today, the SMM A00 aluminum price rose slightly by 10 yuan/mt from the previous trading ...