According to an SMM survey, as of November 29, the operating rate of steel mills using externally purchased billets, which mainly produce construction steel, was 26.21%, down 4.79 percentage points ...

Overnight, the most-traded SHFE 2403 aluminium contract opened at 18,745 yuan/mt, with high and low at 18,760 yuan/t and 18,665 yuan/mt before closing at 18,700 yuan/mt, down 65 yuan/mt or 0.35%.

In November, high-carbon ferrochrome prices continued to decline, and for the first time in two years, the procurement prices of major stainless steel mills diverged.

Overnight, LME zinc prices opened at US$2,581/ton and reached a low of US$2,567/ton during the period. During the European trading session, LME zinc prices moved up and hit a high of US$2,605.5/ton, ...

Last week, the operating rate of leading domestic aluminum wire enterprises recorded 71.6%, with no significant changes in overall operations.

As of Monday, December 2, SMM copper inventories in major regions nationwide increased by 5,700 mt compared to last Thursday, reaching 143,200 mt.

Overnight, LME zinc prices opened at US$2,581/ton and reached a low of US$2,567/ton during the period. During the European trading session, LME zinc prices moved up and hit a high of US$2,605.5/ton, ...

Overnight, the most-traded SHFE lead 2501 contract opened at 17,635 yuan/mt. Bulls entered the market at the beginning of the session, pushing SHFE lead to a strong upward surge, reaching a ...

Overnight, the most-traded SHFE aluminum 2501 contract opened at 20,380 yuan/mt, reached a high of 20,460 yuan/mt, a low of 20,370 yuan/mt, and closed at 20,435 yuan/mt, up 50 yuan/mt or 0.25% from ...

Overnight, the most-traded SHFE 2403 aluminium contract opened at 18,745 yuan/mt, with high and low at 18,760 yuan/t and 18,665 yuan/mt before closing at 18,700 yuan/mt, down 65 yuan/mt or 0.35%.

The PMI composite index for domestic steel downstream sectors in November 2024 was 49.94, down 0.42 MoM, and up 0.93 YoY.

As November draws to a close, a review of the entire month shows that the prices of Pr-Nd oxide and Pr-Nd alloy both fell by 2.6%, while the price of dysprosium oxide dropped even faster, with a ...