Jan 3, 2025 · [SMM Commentary: Domestic Copper Inventories Likely to Reverse After Two Weeks of Consecutive Increases; Macro Front May Continue to Weigh on Copper Prices] The number of Americans filing new claims for unemployment benefits last week fell to an eight-month low, which the market interpreted as a sign of a still-resilient US job market. Coupled with concerns that the US Fed may adopt a more ...

Jan 3, 2025 · [SMM Analysis: Weekly Review of Scrap Spot Price Trends, 2024.12.30-2025.1.3] This week, the ternary coefficient in the recycled scrap market remained basically stable, while iron-lithium showed a slight decline. Material side, lithium carbonate prices fluctuated downward this week, nickel salt prices were relatively stable, and cobalt salt prices slightly declined.

Oct 21, 2024 · Since the start of 2024, the global alumina market has faced constant supply disruptions, leading to a steady price increase. On October 14, the Shanghai Futures Exchange’s (SHFE) main alumina contract hit an all-time high, with prices reaching 4,818 yuan/ton during the day and closing at 4,815 yuan/ton. In the night session, it climbed even further to....

Jan 9, 2025 · The global copper scrap market has grown as an industry worth billions of dollars. The market size value of $60.02 billion in 2021 will witness a CAGR of 5.2% from 2022 to 2030, according to Grand View Research. These are believed to be the offshoots of policies that ensure sustainability, technological advances in recycling, and an acceptance of …

4 days ago · SMM Exclusive: Overview Of China Metal Production In January 2025 And Forecast For February . Jan 27, 2025 20:27. SMM's monthly metal production data is scheduled for release at the end of each month, aiming to uncover the true fundamentals and provide clarity for industry chain participants and investors to better grasp the future trends of the non-ferrous market.

Jan 7, 2025 · Affected by tight supply on the mining side, tungsten prices continued to rise; meanwhile, pre-holiday restocking by rare earth metal plants, combined with maintenance at several separation plants starting in January, contributed to the trend. Domestic antimony prices remained stable, while overseas antimony prices surged dramatically. News of tight niobium supply driving niobium prices higher ...

Jan 5, 2025 · [SMM Steel Market Morning Brief: NDRC Expects Energy Intensity to Drop by Over 3% in 2024] The National Development and Reform Commission (NDRC) stated that in 2024, significant progress will be made in energy conservation and carbon reduction, with energy intensity expected to drop by over 3% for the year, exceeding the annual target.

Dec 29, 2024 · Volatile" Rare Earths: Supply Constraints Show Initial Results, 2025 Expected to Usher in a Boom Year for Rare Earth Magnetic Materials | Year-End Review ① As a strategic minor metal, rare earth prices have experienced increased volatility since 2024 due to the impact of geopolitics and the supply-demand relationship. ② This year marks a "big year" for rare earth industry policies ...

Jan 14, 2025 · [SMM Lead Morning Meeting Summary: Pre-Holiday Downtime and Cost Factors Intertwine, Short-Term Lead Prices May Consolidate] PBOC: Will further strengthen counter-cyclical adjustments and adjust and optimize policy intensity and pace as appropriate. Today marks the delivery date for the SHFE lead 2501 contract, and the expectation of an increase in visible inventory due to transfer to delivery ...

[SMM Analysis] Lithium Carbonate's "Year-End Report" — Reviewing Lithium Carbonate's "Roller Coaster" Year in 2024. Jan 15, 2025 11:57. 2024 is a highly volatile year for lithium carbonate prices, with prices experiencing a "roller coaster" ride and an average price of 90,000 yuan/mt. Annual domestic lithium carbonate output reached 680,000 mt, up 47% YoY; annual lithium carbonate imports ...