Metal17d
China's vehicle inventory alert index in Jan. 2025 grows both YoY, MoM
The index still remains above the boom-bust threshold, signaling ongoing concerns in the automotive circulation sector. Shanghai (Gasgoo)- The China Automobile Dealers Association ("CADA") recently ...
Metal17d
The Last Trading Day Before the Holiday Saw Extremely Sluggish Market Transactions [SMM Spot Aluminum Midday Review]
This morning, the SHFE aluminum front-month contract center fluctuated rangebound, declining to around 20,170 yuan/mt. The east China market was almost entirely immersed in the holiday atmosphere, ...
Metal17d
US Dollar Index Rebound & Chinese New Year Holiday: Domestic and Overseas Lead Futures Show Weak Trends [SMM Lead Morning Brief]
[SMM Lead Morning Brief: US Dollar Index Rebound & Chinese New Year Holiday, Weak Lead Futures Performance Domestically and Abroad] SMM, January 27: Last Friday, LME lead opened at $1,953/mt, ...
Metal17d
Mountain Pass Materials Company Began Producing Rare Earth Products
[MP Materials Begins Production of Rare Earth Products] According to the Northern Miner website, MP Materials announced on Wednesday that its independent facility in Texas has commenced commercial ...
Metal18d
Aluminum Foil Export Volume Dropped Significantly MoM, With Long-Term Overseas Fundamentals Providing Steady Support [SMM Analysis]
[SMM Analysis: Aluminum Foil Export Volume Drops Significantly MoM, Long-Term Overseas Demand Remains Stable] With the cancellation of export tax rebates and the looming threat of increased tariffs in ...
Metal18d
Aluminum Plate/Sheet and Strip Exports Declined as Expected, Future Prospects Remain Promising [SMM Analysis]
[SMM Analysis: Aluminum Plate/Sheet and Strip Exports Decline as Expected, Future Prospects Remain Promising] In 2024, cumulative exports of aluminum plate/sheet and strip reached 3.4256 million mt, ...
Metal18d
Under Trade War Concerns, Aluminum Wheel Exports to the US and Mexico Increased Significantly in December [SMM Analysis]
[SMM Analysis: Significant Increase in Aluminum Wheel Exports to the US and Mexico in December Amid Trade War Concerns] Customs data showed that in December 2024, China exported a total of 75,500 mt ...
Metal18d
In January, all series experienced production cuts to varying degrees. In February, production is expected to decline, down 1.30% MoM [SMM Data].
SMM Data: Production Cuts Across All Series in January; February Production Expected to Decline, Down 1.30% MoM According to SMM survey data, the total national stainless steel production in January ...
Metal20d
Stainless Steel Raw Material Remains Stable, Profit Margins Slightly Recovered [SMM Analysis]
[SMM Analysis: Stainless Steel Raw Materials Remain Stable, Profit Margins Slightly Recovered] This week, stainless steel futures prices fluctuated rangebound with a downward trend, while spot prices ...
Metal20d
PV Profile Factories Gradually Shut Down for Holidays, Operating Rate Declines Significantly [SMM Analysis]
PV Aluminum Extrusion:During the week, downstream demand for PV aluminum extrusion showed no improvement. Coupled with aluminum prices fluctuating at high levels, sentiment for purchases among module ...
Metal20d
Enterprises on Holiday, No Transactions in the Market [SMM Secondary Copper Daily Review]
The futures closed at 74,900 yuan/mt at 11:30 today, down 550 yuan/mt from the previous trading day. The average spot premiums/discounts stood at -35 yuan/mt, down 30 yuan/mt from the previous trading ...
Metal20d
Floating solar on US reservoirs could add up to 1TW PV capacity
A recent study by the U.S. National Renewable Energy Laboratory (NREL) reveals that floating solar (FPV) on U.S. reservoirs could provide up to 1 terawatt (TW) of generation capacity. A recent study ...