Metal7m
Great Wall Motor expects annual net profit to surge up to 85.14% in 2024
Shanghai (Gasgoo)- Great Wall Motor Company Limited ("GWM") anticipates a net profit attributable to shareholders of 12.4 billion yuan to 13 billion yuan for 2024, marking an increase of around 5.38 ...
Metal16m
Pre-Holiday Sentiment to Stand Firm on Quotes Runs High, Low-Priced Supplies Hard to Find in the Market [SMM EMM Daily Review]
Strong Sentiment to Stand Firm on Quotes Before the Chinese New Year, Low-Priced Cargoes Hard to Find] The average spot price of EMM in major production areas was 12,400-12,500 yuan/mt, up 50 yuan/mt ...
Metal16m
Alumina Prices Struggle to Halt Decline, SHFE Aluminum Rebounds from Bottom [SMM Aluminum Futures Brief]
Today, the most-traded SHFE aluminum 2503 contract opened at 20,285 yuan/mt, with a high of 20,300 yuan/mt, a low of 20,025 yuan/mt, and closed at 20,285 yuan/mt, down 0.49%. Trading volume was ...
Metal18m
Futures Fluctuate Upward, Spot Market Continues to Rise [SMM Manganese Silicon Futures Review]
Futures Market Fluctuated Upward, Spot Market Continued to Rise】 The SM2505 contract opened at 6,466 yuan/mt, fluctuated upward after the morning session, and finally closed at 6,714 yuan/mt, up 4.29% ...
Metal42m
1.15: Aluminum Billet Processing Fees Fluctuate Downward Across Regions, Market Trading Sentiment Remains Weak [Daily Review of Spot Aluminum Billets]
According to SMM statistics, the aluminum billet inventory in Foshan stood at 63,300 mt, while that in Wuxi was 34,800 mt, with a combined increase of 4,200 mt. The domestic aluminum billet inventory ...
Metal46m
How Will the Overall Development of Die-Casting Zinc Alloy Be in 2024? What About Its Development in 2025? [SMM Analysis]
With half of January 2025 gone, how did the die-casting zinc alloy sector perform in 2024? Has it regained its vitality? Looking at the overall performance in 2024, the annual operating rate of ...
Metal59m
Weak Demand and Increased Inventory Lead Suppliers to Cut Prices, Spot Premiums Plunge [SMM South China Spot Copper]
News: Today, spot premiums for Guangdong #1 copper cathode against the front-month contract were quoted at 0-50 yuan/mt, with an average premium of 25 yuan/mt, down ...
Metal1h
Downstream Purchase Willingness Declines, Spot Aluminum Discounts Widen [SMM Spot Aluminum Midday Review]
— In the early trading session today, SHFE aluminum front-month contract fluctuated downward due to the weakening cost support from alumina and the bearish impact of downstream entering the holiday ...
Metal1h
Oxide Prices Surge as Market Sentiment Turns Increasingly Cautious [SMM Daily Review]
[SMM Daily Review: Oxide Prices Surge, Market Sentiment Turns Increasingly Cautious] Today, rare earth market prices surged significantly once again. According to SMM data, the price of Pr-Nd oxide ...
Metal1h
The BACKWARDATION Structure Widened in the Morning Session, Spot Premiums Dropped Rapidly [SMM SHFE Spot Copper]
SMM Spot Copper] During the day, mainstream standard-quality copper was quoted at parity to a premium of 110 yuan/mt against the front-month contract, while high-quality copper was quoted at a premium ...
Metal2h
The Only PV Glass Company in Europe Reduces Working Hours Due to Insufficient Demand
GMB Glasmanufaktur Brandenburg GmbH (GMB), the only solar glass manufacturer in Europe, is facing difficulties due to competition from low-cost products from China and declining demand. The company ...
Metal2h
SMM Shanghai and Other 1# Lead Markets: Lead Prices Show Consolidation Trend, Spot Market Transactions Gradually Weaken [SMM Midday Review]
Lead Prices Show Consolidation Trend, Spot Market Transactions Gradually Weaken] SMM, January 15: Few quotations were seen in the Shanghai market; in Jiangsu and Zhejiang regions, Tongguan and JCC ...