Futures Decline Drags Down Spot, Stainless Steel Destocking Pace Slows] SMM August 21st report, SS futures showed a further pullback. The decline in futures has not yet stopped, with an overall trend ...

[SMM Daily Review: High-Grade NPI Prices Stable, Yet Fundamental Support Weak] On August 21, the SMM 10-12% high-grade NPI average price was 928 yuan/mtu (ex-factory, tax included), up 0.5 yuan/mtu ...

Recently, according to foreign media reports, India has approved 19 green hydrogen production projects with a total capacity of 862,000 mt/year under its green hydrogen plan. The Minister of State for ...

Customs data showed that China's copper cathode imports in July were 336,000 mt, down 0.32% MoM and up 12.05% YoY. The Democratic Republic of Congo remained the largest supplier, with a supply of 142, ...

In July 2025, the import value of China's copper foil was $122.6355 million, up 12.28% YoY and up 10.52% MoM; the cumulative import value from January to July 2025 was $818.6241 million, up 7.72% YoY.

Data from the General Administration of Customs' online inquiry shows that China's refined copper exports in July amounted to 118,398 mt, up nearly 50% MoM and higher than the same period last year.

Today, the iron ore futures showed a slight strengthening, with the most-traded contract I2601 closing at 772.5, up 0.98% from yesterday. Traders sold according to market conditions; steel mills were ...

The most-traded SHFE zinc 2510 contract opened at 22,300 yuan/mt. In early trading, SHFE zinc oscillated around the daily moving average. During the afternoon session, bulls reduced their positions, ...

Supply side, due to the long expansion cycle in the separator industry, the capacity accumulated in the early stage is still being released, and the overall market remains in a state of supply surplus ...

China’s lithium battery recycling sector is entering a critical adjustment phase. On August 1, regulators formally classified black mass, an intermediate product from spent lithium-ion batteries, as a ...

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database ...

This week, driven by a significant rise in the price of battery-grade lithium carbonate, LCO cost support strengthened, leading to a noticeable increase in prices. The mainstream quotations for ...