Steel Mills Continue to Deliver, Weak Downstream Demand] On January 6, stainless steel spot prices temporarily halted their downward trend today, remaining stable at low levels. On the supply side, ...

【Oman Exports Copper Ore for the First Time in 30 Years】According to Mining.com, Oman has announced its first export of copper concentrates after a 30-year hiatus. Approximately 900 mt of concentrates ...

[SMM Spot Aluminum Midday Review: Futures Market Declines, Downstream Stockpiling Slightly Increases Before the Holiday] ...

As of Monday, January 6, SMM national copper inventories in major regions increased by 1,500 mt WoW to 115,800 mt, up by 42,900 mt YoY from 72,900 mt. Among them, Shanghai inventories were 31,500 mt ...

Frequent Environmental Protection Incidents on Lead Ingot Supply Side Prompt Downstream to Consume Social Inventory] It is reported that last Thursday (January 2, 2025), Henan and Anhui regions ...

Futures Market Continued to Decline, Some Downstream Buyers Started Restocking] Today, the mainstream transaction prices of 0# zinc were concentrated at 25,240-25,400 yuan/mt, with no quotations for ...

Hot Chili Limited has confirmed a significant discovery 30 km south of the proposed processing center at the Costa Fuego copper-gold project in the Atacama Region of Chile. This porphyry copper-gold ...

Review: Downstream Stocking Improves Refined Lead Transactions as Chinese New Year Approaches] SMM reported on January 6: Today, the SMM 1# lead average price remained flat WoW at 16,700 yuan/mt.

On January 6, SMM A00 aluminum closed at 19,630 yuan/mt, down 220 yuan/mt, on par with the January contract, unchanged. The price spread between Henan and Shanghai was -80 yuan/mt, up 10 yuan/mt. SMM ...

Guangdong inventory continued to decline, mainly due to reduced arrivals and increased outflows from warehouses. As a result, suppliers actively stood firm on quotes, pushing premiums higher step by ...

Currently, the actual transaction price for pyro high-quality copper warehouse warrants is $77/mt, mainstream pyro $70/mt, and wet-process $63/mt; high-quality copper B/L is $71/mt, mainstream pyro ...

High Spot Premiums, Downstream Buyers Purchase on Dips] The mainstream transaction price of 0# zinc in the Ningbo market was around 25,110-25,250 yuan/mt. Regular brands in Ningbo quoted a premium of ...