Metal29m
Novelis’ net income falls 18% in Q2 FY 2025 to $128 million
Net income for the September quarter fell by 18 per cent, amounting to $128 million. This downturn reflects the challenges ...
Metal17m
The import data for copper concentrates in the last two months of the year is expected to reach an average of 2.58 million mt per month [SMM Analysis]
In October 2024, China imported 2.314 million mt of copper concentrates and ores, down 4.99% MoM, up 0.19% YoY.
Metal28m
October 2024 Copper Plate/Sheet and Strip Imports Hit New High, Year-End Export Volume Expected to Increase [SMM Analysis]
In October 2024, China's copper plate/sheet and strip imports hit a new high for the year, up 12.15% YoY and up 13.02% MoM.
Metal39m
SMM copper inventories in major regions across the country decreased by 28,400 mt over the weekend [SMM Weekly Data]
As of Monday, November 25, SMM copper inventories in major regions nationwide decreased by 28,400 mt compared to last Thursday, reaching 132,900 mt.
Metal33m
China's Copper Cathode Imports Surge MoM and YoY in October, Non-Registered Share Declines [SMM Analysis]
In October 2024, China imported 359,372 mt of copper cathode, up 11.4% MoM and 7.7% YoY, reaching the highest level of the year.
Metal23m
Aluminium shortage hurts Jaguar Land Rover's profit margins, affects Tata Motors' earnings
As a result of an aluminium shortage, Jaguar Land Rover (JLR) recently reported a significant decline in profits. The luxury carmaker attributed the fall in deliveries to a flooding incident at one of ...
Metal55m
Macro Policies and Supply-Demand Imbalance Expected to Keep Zinc Prices Hovering at Highs [SMM Zinc Morning Comment Nov 26]
In February, the lack of consumption due to CNY holidays drove accumulation of stocks. Lead prices thus fell back from high levels. LME lead prices dropped below the $2,000/mt mark, reaching a low of ...
Metal44m
SMM Nickel Market Morning Comment (Nov 26)
According to SMM statistics, the social inventory of domestic aluminium billet across China’s five major markets stood at 83,800 mt on January 18, up by 800 mt WoW, up by 2,700 mt compared with ...
Metal37m
SMM Morning Comment For SHFE Base Metals (Nov 26)
In the futures market: On November 25, the most-traded SHFE nickel 2412 contract fluctuated. After an initial rise following the morning opening, it fell back again, with the midday closing price ...
Metal5mon
SMM Analysis: Scrap Prices Fluctuated with Salt Prices, Nickel Continued to Decline Last Week
Last week, the scrap market prices fluctuated. Last week, the scrap market prices fluctuated. On the ternary material side, nickel sulphate prices slightly decreased, while lithium carbonate prices ...
Metal1h
The month-end inventory turning point is expected to appear [SMM Aluminum Morning Meeting Minutes Nov 26]
Overnight, the most-traded SHFE aluminum 2501 contract opened at 20,590 yuan/mt, reached a high of 20,705 yuan/mt, a low of 20,565 yuan/mt, and closed at 20,670 yuan/mt, up 135 yuan/mt from the ...
Metal1h
Lead Smelters Stand Firm on Quotes, Downstream Enterprises Cautious in Procurement [SMM Lead Morning Comment]
Overnight, the most-traded SHFE lead 2501 contract opened at 17,185 yuan/mt, briefly touched a low of 17,170 yuan/mt at the beginning of the session, then fluctuated rangebound around the daily moving ...