Shanghai Metals Market

Magnesium Prices Remain High and Stable, with Significant Divergence Between Domestic and Foreign Markets [SMM Magnesium Morning Meeting Minutes]

Magnesium Prices Remain High and Stable, Significant Divergence Between Domestic and Foreign Markets] Magnesium industry chain varieties are stable with a slight upward bias, the supply-demand tight ...
Shanghai Metals Market

Macro and Fundamentals in a Tug-of-War, Aluminum Prices Expected to Hover at Highs in the Short Term [SMM Aluminum Morning Meeting Minutes]

Macro and Fundamentals Compete, Aluminum Prices Expected to Hover at Highs in the Short Term] Currently, the reality of pressured fundamental consumption and continuously accumulating social inventory ...
Shanghai Metals Market

Enamelled Wire: High Copper Prices Suppress Operating Rates, Resulting in Year-on-Year and Month-on-Month Declines in December

According to SMM, the comprehensive operating rate of the enamelled wire industry in December was 66.28%, down 1.63 percentage points MoM and down 6.32 percentage points YoY. Among them, the operating ...
Shanghai Metals Market

Aluminum Alloy Futures Fluctuate at Highs, Short-Term Macro Tailwinds Boost the Market [SMM Cast Aluminum Alloy Morning Comment]

Aluminum Alloy Futures Fluctuate at Highs, Short-Term Macro Tailwinds Boost Market] Last Friday, aluminum prices resumed ...