(2) Central bank data showed that foreign exchange reserves stood at $3,346.372 billion at the end of November. China's gold reserves at the end of November were 74.12 million ounces, an increase of ...
The SMM #1 lead average price today increased by 25 yuan/mt WoW to 17,200 yuan/mt. Spot supply of secondary refined lead was scarce. Mainstream tax-inclusive ex-works quotations were at premiums of ...
Overall, SHFE tin is expected to maintain a fluctuating trend at highs in the short term, supported below by tight supply and low inventory, but capped above by weak spot transactions and high prices ...
In North China today, spot prices of #1 copper cathode against the front-month contract were at a discount of 300-240 yuan/mt, averaging a discount of 270 yuan/mt, unchanged from the previous trading ...
Brazilian mining company Vale has lowered its forecast for iron ore production in 2026 to 335-345 million tons, according to a company statement. The previous forecast was 340-360 million tons. This ...
US-based Factorial Energy and South Korea’s POSCO FUTURE M are teaming up on all-solid-state batteries, the “holy grail” of battery tech.
According to market rumors obtained by SMM, a major northern smelter recently conducted a public tender sale of several mt of crude cadmium and refined cadmium, which was successfully concluded.
2025 was a massive year on the battery front, packed full of promising breakthroughs and disappointing setbacks. Below, we've compiled some of the biggest battery developments of the year. But first, ...
Silicon Metal Transaction Center Weakens, Polysilicon Prices Temporarily Stabilize ] Over the weekend, N-type recharging polysilicon was quoted at 49.6-55 yuan/kg, the N-type polysilicon price index ...
Policy Support Coupled with Transportation Disruptions Bolsters the Bottom Line, While High Prices Suppress Demand, Warranting Caution Against Pullback Risks] Overall, the macro front currently ...
Supply-Demand Imbalance, Magnesium Market Was in the Doldrums Today] Last week, magnesium production rose to a high level, and magnesium alloy demand struggled to reverse the current supply-demand ...
Downstream Casting Operations Shrink, Alloy Prices Adjust with Primary Aluminum] Spot side, Friday's SMM A00 aluminum spot price rose again by 70 yuan/mt to 22,090 yuan/mt, hitting a new year-to-date ...