News

Shanghai Metals Market1h
PC Bid Winner Announced for Longyuan Power's Wengqi and Aohan 200MW PV Integrated Project for Sand Prevention and Control
The tender announcement indicated that the open tender for the PC General Contracting Project of the PV Field Area for the ...
Shanghai Metals Market11m
China's Imports of Zinc Ores and Concentrates Increased 37.64% MoM in April: Breakdown of Sub-item Data
Data from the Online Inquiry Platform for Customs Statistics showed that China's imports of zinc ores and concentrates reached 494,662.21 mt in April 2025, up 37.64% MoM and 72.63% YoY. Australia was ...
Shanghai Metals Market31m
China's Bauxite Imports Up 25.67% MoM in April: Breakdown of Sub-item Data
Data from the online inquiry platform for customs statistics showed that China's bauxite (aluminum ores and concentrates) imports reached 20,684,045.155 mt in April 2025, up 25.67% MoM and 45.44% YoY.
Shanghai Metals Market2h
Favored by multiple Wall Street investment banks! Survey: European stocks are expected to outperform U.S. stocks this year
A survey released by Bank of America a week ago showed that 35% of global fund managers are currently overweight European stocks, while net exposure to US stocks has fallen to its lowest level in two ...
Shanghai Metals Market1h
Construction Commences on Main Part of the Project of Longonguo Rare Earth Mine in Angola
According to Mining Weekly, London-listed company Pensana announced that the main construction work for its Longonjo rare earth project in Angola has commenced, following the receipt of $25 million in ...
Shanghai Metals Market2h
Driven by macro factors, the most-traded SHFE tin contract rose slightly during the night session [SMM Tin Morning News]
Futures Market: The most-traded SHFE tin contract (SN2506) fluctuated upward during the night session and then maintained high-level fluctuations at 267,000 yuan/mt, closing at 267,850 yuan/mt, up ...
Shanghai Metals Market1h
Inventory buildup and significant outflow of warrants suppress spot copper premiums [SMM Copper Morning Meeting Summary]
Inventory Buildup and Significant Outflow of Warrants Suppress Spot Premiums of Copper] On May 20, spot prices of SMM #1 copper cathode against the 2506 contract for the current month were quoted at ...
Shanghai Metals Market2h
US dollar weakens ahead of US-Japan talks, copper prices gain momentum and continue to hold up well [SMM Morning Comment on Copper]
Overnight, LME copper opened at $9,510.5/mt. It initially fluctuated downward, touching a low of $9,490/mt, before maintaining considerable fluctuations and fluctuating upward. Near the close, it ...
Shanghai Metals Market1h
MP Company Signs Agreement with Saudi Mining to Collaborate on Building a Rare Earth Supply Chain from Mining to Magnet Production
According to a report from Mining.com, MP Materials and Saudi Arabia's national mining company, Ma'aden, have signed a memorandum of understanding (MoU) to collaborate on establishing a rare earth ...
Shanghai Metals Market2h
US Fed officials warned that "Trump tariffs" will drive up inflation, and the question is how long it will last!
Two US Fed officials stated on Tuesday that prices are set to rise amid rising US import tariffs. The question now is whether the inflationary shock will be short-lived or persist for a longer period.
Shanghai Metals Market1h
Activity in stainless steel spot cargo transactions declines; nickel salt prices may rise [SMM Nickel Morning Meeting Summary]
The most-traded SHFE nickel contract (NI2506) maintained a fluctuating trend after opening lower in the night session yesterday, closing at 123,400 yuan/mt as of 11:30, a decrease of 0.40%. In terms ...
Shanghai Metals Market1h
Bauxite Imports Exceed 20 Million mt in April, Spot Transaction Prices of Alumina Continue to Rise [SMM Alumina Morning Comment]
Alumina Spot: On Tuesday, inquiries revealed that 2,000 mt of alumina was traded in Guizhou at a transaction price of 3,150 yuan/mt, and 10,000 mt of alumina was traded in Shanxi at a transaction ...