Shanghai Metals Market40m
The US announced reciprocal tariffs, and market concerns are expected to weigh on copper prices. [SMM Copper Morning Meeting Summary]
US Reciprocal Tariffs Announced, Market Concerns Expected to Weigh on Copper Prices. On April 2, spot prices of #1 copper ...
Shanghai Metals Market4m
On April 3, the central parity rate of the RMB in the interbank foreign exchange market was 7.1889 yuan per US dollar.
The People's Bank of China authorized the China Foreign Exchange Trade System to announce that on April 3, 2025, the central parity rate of the RMB in the interbank foreign exchange market was 7.1889 ...
Shanghai Metals Market3m
On April 3, Anyang Steel Adjusted the Purchase Price of Steel Scrap in Henan
【Anyang Steel Scrap Price Adjustment】To all steel scrap suppliers, Anyang Steel will keep the purchase price of steel scrap unchanged starting from April 3. The specific price is subject to the price ...
Shanghai Metals Market9m
【SMM Analysis】Co3O4 Prices Remained Stable This Week
Co3O4 Prices Remained Stable This Week】This week, Co3O4 prices remained stable. Supply side, most smelters' quotations stayed steady, and the market gradually returned to rationality. Demand side, as ...
Shanghai Metals Market9m
【SMM Analysis】Cobalt Chloride Prices Slightly Increased This Week
Cobalt Chloride Prices Slightly Increased This Week】This week, cobalt chloride prices slightly increased. Supply side, smelters were unwilling to sell at low prices due to concerns that raw material ...
Shanghai Metals Market17m
【4.3 Lithium Battery News】Trump's 25% Tariff on Automobiles Took Effect on April 3
Trump: 25% Tariff on Cars to Take Effect on April 3】US President Trump announced a 25% tariff on imported cars on April 2 local time. Trump stated that the 25% tariff on cars will take effect on April ...
Shanghai Metals Market23m
Lead futures continued to fluctuate downward, with LME lead recording six consecutive declines. [SMM Lead Morning News]
Overnight, the most-traded SHFE lead contract opened with a gap at 17,300 yuan/mt, briefly touched a high of 17,355 yuan/mt at the beginning of the session, then fluctuated downward to a low of 17,250 ...
Shanghai Metals Market10m
Guidance Price for Building Materials of Anhui Changjiang Steel on April 3
【Steel Mill Price Adjustment】On April 3, the guidance price for building materials from Anhui Changjiang Steel remained stable for rebar, coiled rebar, and wire rod.
Shanghai Metals Market12m
The US Announced Specific Tariff Rates for Multiple Countries, SHFE Tin Prices Maintained High Volatility in the Night Session [SMM Tin Morning Brief]
The US has announced specific tariff rates for multiple countries. The price of SHFE tin remained high and fluctuated during the night session. [SMM Tin Morning Brief] The White House plans to ...
Shanghai Metals Market51m
The implementation of U.S. tariffs reignited trade war concerns, with copper prices expected to decline in response. [SMM Morning Comment on Copper]
US Tariffs Implemented, Trade War Concerns Resurface, Copper Prices Expected to Decline】Macro side, around 4 AM Beijing time on Thursday, US President Trump delivered a speech in the White House Rose ...
Shanghai Metals Market11h
Guidance Prices for Various Series of Domestic Large Stainless Steel Mills on April 2 [SMM Steel Mill Guidance Prices]
【SMM Steel Mill Guidance Price】On April 2, the guidance prices for various series of domestic large stainless steel mills ...
Shanghai Metals Market2h
【SMM Steel Market Morning Brief】Special Treasury Bond Issuance Is Expected to Be Implemented
Overall, in February, China's net stainless steel exports were 115,200 mt, down 203,000 mt MoM, a decline of 63.80%; YoY, it was up 79,300 mt, an increase of 220.89%. From January to February, China's ...