News

Shanghai Metals Market10h
The world's second largest bauxite producer takes strong action, revoking 51 mining rights in one go
According to media reports, the Guinean government has announced the revocation of 51 mining licenses. Some analysts believe ...
Shanghai Metals Market10h
SAIC Motor launches world's largest RoRo car carrier 'ANJI ANSHENG' as overseas expansion accelerates
On May 15, SAIC Motor's logistics subsidiary, Anji Logistics, officially named the world's largest roll-on/roll-off (RoRo) ...
Shanghai Metals Market7h
US dollar weakened overnight, LME lead closed higher, while SHFE lead fluctuated, stabilized and closed slightly lower [SMM Morning Lead Report]
News: Overnight, LME lead opened at $1,994/mt. During the Asian session, it dipped to a low of $1,977/mt before fluctuating ...
Shanghai Metals Market10h
FAW Group, Tsinghua Unigroup forge strategic partnership to build automotive-grade chip ecosystem
On May 16, FAW Group and Tsinghua Unigroup signed a strategic cooperation agreement in Beijing, aiming to deepen collaboration across multiple areas of China's automotive semiconductor industry.
Shanghai Metals Market10h
Honda China, CATL deepen partnership on NEV tech R&D, supply chain management
Honda Motor (China) Technology Co., Ltd. (HMCT) and CATL recently signed a memorandum of understanding to deepen their strategic collaboration, according to a press release CATL issued on May 16 via ...
Shanghai Metals Market10h
WeRide launches fully driverless Robotaxi trial in Abu Dhabi
Shanghai (Gasgoo)- On May 16, 2025, WeRide announced the launch of its fully driverless Robotaxi pilot service in Abu Dhabi, marking the debut of the Middle East's first autonomous taxi fleet with no ...
Shanghai Metals Market10h
BYD establishes European headquarters in Budapest
On May 15, 2025, BYD officially announced the establishment of its European headquarters in Budapest, Hungary. Shanghai (Gasgoo)- On May 15, 2025, BYD officially announced the establishment of its ...
Shanghai Metals Market23h
Bulk Real Estate Transactions Heat Up in First-Tier Cities, Multiple Physical Companies Make Large-Scale Property Purchases
The profound adjustments in the real estate market and the pullback in property prices have created more opportunities for ...
Shanghai Metals Market23h
In April, the operating rates of galvanising producers reached a nearly three-year high. How was the situation in different regions? [SMM Analysis]
April, traditionally a peak season, saw robust overall demand for galvanizing. Due to issues such as tariffs, there was a certain degree of early release of future demand, and the overall operating ...
Shanghai Metals Market23h
Galvanizing Operating Rates Reached a Nearly Three-Year High in April How Were the Regional Conditions? [SMM Analysis]
April is traditionally a peak season, and the overall demand for galvanizing was relatively robust. Due to issues such as tariffs, there was a certain degree of early release of future demand, and the ...
Shanghai Metals Market23h
SMM Official Announcement: Launch of EXW Dar es Salaam and EXW Durban EQ Copper Cathode Premium Assessments
Based on market research and data from cooperating enterprises, Shanghai Metals Market (SMM) is pleased to introduce two new price assessments: EXW Dar es Salaam EQ Copper Cathode Premium and EXW ...
Shanghai Metals Market22h
Behind the Decline in China's Secondary Lead Operating Rate: The Dual Challenges of High Costs and Market Stagnation【SMM Analysis】
From May 10 to May 16, 2025, the weekly operating rate of SMM secondary lead in four provinces was 37.22%, down by 0.43 percentage points from the previous week. As shown in the chart above, the ...