[SMM Analysis: "Winter Thaw" Begins to Emerge, Stainless Steel Futures Show Clear Signs of Recovery] This week, the most-traded SS2503 futures contract saw a significant price increase. The opening ...

Stainless Steel Scrap Prices Decrease by Another 150 Yuan/mt as Raw Material Support Weakens Further] Influenced by the rise in futures prices, although spot cargo remains relatively weak, prices ...

DCE iron ore fluctuated upward throughout the day. The most-traded I2505 contract closed at 753.5, up 0.53% for the day. Traders showed moderate enthusiasm for selling, while steel mills reduced ...

[SMM: Inventory Buildup in North China and Destocking in South China, Social Inventory of Silicon Metal Declines] According to SMM statistics, as of January 10, the total social inventory of silicon ...

[SMM Analysis: Steel Mills Gradually Begin Maintenance Plans, Supply and Demand Gradually Balance] This week, stainless steel spot prices stabilized the downward trend due to the rise in futures. As ...

Overnight, LME copper opened at $9,084.5/mt, initially declined to a low of $9,056.5/mt, fluctuated widely during the session ...

On January 10, the spread between the most-traded HRC and rebar contracts was 110 yuan/mt, up 2 yuan/mt MoM; the spread between Shagang's HRC in Zhangjiagang and Zhongtian's rebar in Hangzhou was 40 ...

[SMM BC Copper Commentary: Strong Macro Uncertainty, BC Copper Most-Traded Contract Rose Intraday] SMM, January 10: Today, the most-traded BC copper 2502 futures contract opened at 66,770 yuan/mt, ...

Weak Supply and Demand in the Stainless Steel Scrap Market, Pre-Holiday Price Slump Unlikely to Change] This week, the price of 304 stainless steel off-cuts in east China remained flat at 9,250-9,350 ...

Futures Market Fluctuated Upward, Spot Market Continued to Consolidate] The SM2505 contract opened at 6,056 yuan/mt, fluctuated upward after the morning session, and finally closed at 6,286 yuan/mt, ...

Sudden Increase in Glass Furnace Cold Repairs in January, New Order Prices Show Slight Bidding Trend] As of January, the new order prices for glass are as follows: 2.0mm single-layer coating (11.5-12.

Copper Foil Shipments Remain High in December, No "Harsh Winter" at the Start of 2025] According to SMM data, China's monthly copper foil production in December 2024 was 95,500 mt, up 0.22% MoM. Among ...