News

Shanghai Metals Market7h
As the aftermath of the trade war lingers, the import pattern of secondary copper in China is accelerating its restructuring
The latest data from the General Administration of Customs (GAC) indicates that in April 2025, China's imports of copper ...
Shanghai Metals Market8h
Detailed Customs Data for Copper Foil in April 2025: MOM Decline in Import and Export Volumes [SMM Analysis]
SMM Analysis: According to data from the General Administration of Customs, China's copper foil imports in April 2025 were ...
Shanghai Metals Market2h
Faraday Future takes over UAE factory to support production of FF, FX’s models
Shanghai (Gasgoo)- Faraday Future (FF) announced on May 23 that it had held a formal handover ceremony for its first regional facility in Ras Al Khaimah, United Arab Emirates. The facility will ...
Shanghai Metals Market9h
US dollar falls, metals show mixed performance; New York gold, polysilicon rise over 1%, alumina falls over 2% [SMM Daily Review]
In the overseas market, as of 15:03, overseas market base metals generally rose, with only LME copper falling 0.04%. LME lead ...
Shanghai Metals Market2h
Dongfeng Motor, Huawei deepen strategic partnership to boost smart mobility innovation
Shanghai (Gasgoo)- On May 23, Dongfeng Motor Corporation ("Dongfeng Motor") and Huawei Technologies Co., Ltd. ("Huawei") officially signed a comprehensive strategic cooperation agreement in Wuhan, ...
Shanghai Metals Market2h
DEEPAL S09 SUV hits market, powered by Huawei’s cockpit OS, ADAS
Shanghai (Gasgoo)- On May 22, DEEPAL, a new energy vehicle (NEV) brand under Changan Automobile, officially put the DEEPAL S09, a large-sized SUV positioned as a "smart flagship for families", onto ...
Shanghai Metals Market8h
High-Grade Nickel Pig Iron Prices Stabilize Amid Supply and Demand Dynamics
This week's average price for SMM 8-12% high-grade nickel pig iron (NPI) reached 947.3 RMB per nickel point (ex-factory, ...
Shanghai Metals Market16h
US dollar weakens, copper prices hold up well [SMM Copper Morning Meeting Summary]
US Dollar Weakens, Copper Prices Hold Up Well] On May 22, spot prices of SMM #1 copper cathode against the 2506 contract for ...
Shanghai Metals Market5h
Fearless of Trade War! Deputy Governor of Australia's Central Bank: Australian Enterprises Optimistic About Export Prospects to China
For instance, the steel and iron ore sectors are Australia's largest export industries to China. Hauser found that companies in these sectors believed that, in the short term, Australia's scale and ...
Shanghai Metals Market5h
Tariff Clouds Continue to Loom! Goldman Sachs: US Dollar Exchange Rate to Continue Declining This Year
As foreign investors reassess their risk exposures in a changing macro and policy environment, the strength of the US dollar is expected to gradually diminish. Goldman Sachs predicts that the US ...
Shanghai Metals Market6h
Die-casting zinc alloy exports in April hit a new decade-high! How will subsequent exports develop?
In terms of export destinations, the top three countries and regions for China's unwrought zinc alloy exports in April were Taiwan, China (1,085.55 mt), Vietnam (154.62 mt), and Bangladesh (30.85 mt), ...
Shanghai Metals Market5h
HK Stocks Close | Hang Seng Index Posts 7 Consecutive Weekly Gains, Gold Stocks Strengthen Again
Hong Kong stocks generally maintained their strong momentum, with the weekly performances of the three major indices varying. By the close of trading, the Hang Seng Index (HSI) had risen by 1.10% week ...