Metal News of Copper, Aluminum,Lead,Zinc,Tin - Shanghai Metals …
WEBIn early August, the market briefly traded on recession logic, with LME copper falling to $8,714/mt, then rebounding slightly to $9,200/mt. From June to August, during the continuous decline in copper prices, SMM copper cathode social inventory showed a significant destocking trend, but global visible inventory continued to build up.
latest metal news - Shanghai Metals Markets
WEBaccording to smm research, the total stainless steel production in china is expected to increase by 1.58% month-on-month in august 2024, while experiencing a year-on-year decline of 1.93%, resulting in a cumulative year-on-year growth of 3.87%. specifically, production of 200 series stainless steel decreased by 2.3% month-on-month, while 300 ...
the latest metal news - Shanghai Metals Markets
WEBSep 03, 2024 17:43. Copper prices have been rising since March 13 following a series of news about "possible production cuts by Chinese smelters." During this period, geopolitical factors, the US dollar trend, favourable macro front in China, and the COMEX short squeeze event pushed copper prices to a historical high in May. As bullish funds ...
latest Copper news - Shanghai Metals Markets
WEBSep 9, 2024 · According to the SMM survey, the operating rate of copper cathode rod producers was 74.62% in August, up 4.10% MoM and 4.16% YoY, exceeding the expected value by 1.90%. The operating rate for large enterprises was 82.64%, for medium-sized enterprises 62.08%, and for small enterprises 62.39%. (Surveyed enterprises: 61, capacity: 13.877 million mt)
latest Aluminium news - Shanghai Metals Markets
WEBAug 9, 2024 · Exclusive: SMM China July Metals Production and August Forecast. Aug 09, 2024 17:13. In July, China's copper cathode output was 1.0282 million mt, up 2.31% MoM (+23,200 mt) and 11.05% YoY, exceeding the expected 1.0166 million mt by 11,600 mt. The output from January to July totalled 6.9465 …
the latest Aluminium news - Shanghai Metals Markets
WEBAug 9, 2024 · Exclusive: SMM China July Metals Production and August Forecast. In July, China's copper cathode output was 1.0282 million mt, up 2.31% MoM (+23,200 mt) and 11.05% YoY, exceeding the expected 1.0166 million mt by 11,600 mt. The output from January to July totalled 6.9465 million mt, up 461,400 mt YoY (+7.11% YoY).
Market Dominated by Sentiment: Magnesium Prices Show …
WEB17 hours ago · Under the dual pressure of low ferrosilicon prices and weak downstream demand, coupled with the backlog of magnesium ingot inventory leading to tight funds for producers, magnesium plants have shown a more flexible attitude, and low-priced sources have gradually increased in the market.
industrial news metal news - Shanghai Metals Markets
WEBAug 16, 2024 · This week, the SMM survey covered the production and sales conditions of major domestic medium and large copper rod makers. The overall operating rate was 80.92%, up 6.03 percentage points MoM, exceeding the expected value by 1.11 percentage points, and up 11.59 percentage points YoY. (Surveyed enterprises: 21, …
industry news metal news - Shanghai Metals Markets
WEBSep 9, 2024 · According to the SMM survey, the operating rate of copper cathode rod producers was 74.62% in August, up 4.10% MoM and 4.16% YoY, exceeding the expected value by 1.90%. The operating rate for large enterprises was 82.64%, for medium-sized enterprises 62.08%, and for small enterprises 62.39%. (Surveyed enterprises: 61, capacity: 13.877 million mt)
China’s aluminum alloy ingot import and export data in March 2024
WEBJun 5, 2023 · This caused import loss to expand to 700 yuan/mt, thus aluminum alloy ingot imports may decline. For queries, please contact William Gu at [email protected]. For more information on how to access our research reports, please email [email protected]. Driven by optimism over prices and orders, traders placed many new import orders in January, and ...
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