Shanghai Metals Market

[SMM Analysis] Chinese New Year Off-Season “Reset,” Sodium-Ion Battery Industry Chain Recovery Poised to Begin

February 2026 coincided with the Chinese New Year holiday. Affected by holiday factors, production pace across core segments of China’s sodium-ion battery industry generally slowed, showing an ...
Shanghai Metals Market

[Domestic Iron Ore Brief Commentary] Iron Ore Concentrates Prices in the Tangshan Area May Remain in the Doldrums and Fluctuate Within a Narrow Range

Iron Ore Concentrates Prices in the Tangshan Area May Remain in the Doldrums and Fluctuate] At the beginning of the week, iron ore concentrates prices in the Tangshan area were relatively stable, with ...
Shanghai Metals Market

[SMM Coking Coal and Coke Daily Brief Commentary] 20260304

SMM Coking Coal and Coke Daily Brief Commentary] In terms of news, some steel mills initiated the first round of coke price cuts, with a reduction of 50-55 yuan/mt, expected to take effect on March 6 ...
Shanghai Metals Market

Shuikoushan Nonferrous Metals Launches New Automatic Filter Press, Solves Long-standing Sludge Issue

Good news comes from the lead smelter of Shuikoushan Nonferrous Metals Co., Ltd. The new automatic filter press device, independently developed and de ...
Shanghai Metals Market

【SMM Flash News】 Chandra Asri Declares Force Majeure Due to Strait of Hormuz Disruptions

Indonesian petrochemical giant PT Chandra Asri Pacific has officially declared force majeure on its feedstock shipments following the outbreak of the ...
Shanghai Metals Market

QatarEnergy Suspends Production of Urea, Polymers, Methanol, and Aluminum

On Tuesday, March 3rd, Norsk Hydro stated that QatarEnergy has issued a declaration suspending the production of certain downstream products within Qa ...
Shanghai Metals Market

The Most-Traded SHFE Lead 2604 Contract Posted a Small Bullish Candlestick, With the Tug-of-War Between Sellers and Buyers Driving Short-Term Volatility [SHFE Lead Brief ...

During the day, the most-traded SHFE lead 2604 contract opened at 16,780 yuan/mt. It edged down slightly in early trading, touching an intraday low of 16,740 yuan/mt. After the Lantern Festival, ...
Shanghai Metals Market

[SMM PV News] EU to Unveil 'Buy European' Rules; Strict Local Content Tied to Public Funding

The EU is proposing the 'Industrial Accelerator Act' to counter foreign competition, particularly from China. To access public funds, strategic sector ...
Shanghai Metals Market

The Most-Traded BC Copper Contract Closed Down 0.69%, Inflation Concerns Weigh on Expectations for Interest Rate Cuts [SMM BC Copper Commentary]

The SHFE copper 2604 contract settled at 101,660 yuan/mt. Based on the BC copper 2604 contract at 90,220 yuan/mt, its after-tax price was 101,949 yuan/mt. The price spread between the SHFE copper 2604 ...
Shanghai Metals Market

The operating rate of China’s copper foil enterprises was 84.26% in February 2026

SMM Copper Foil Market] According to SMM, the operating rate of China’s copper foil enterprises was 84.26% in February 2026, down 4.3 percentage poin ...
Shanghai Metals Market

Fundamental Disruptions Drove Primary Aluminum Prices Higher, and Aluminum Scrap Actively Followed the Rise [Daily Aluminum Scrap Review]

Aluminum scrap prices are expected to hover at highs this week, with shredded aluminum tense scrap (priced based on aluminum content) mainly trading around 19,000-19,800 yuan/mt (tax excluded). Supply ...
Shanghai Metals Market

Copper Cathode Rod Production Rises as Orders Surge and Inventories Shrink

SMM Copper Cathode Rod Flash】Driven by a marked increase in downstream orders, low finished product inventories at enterprises, and strong willingnes ...