Metal1d
Iron ore inventory at 10 major ports continued to fall, with the four major types of iron ore diverging
Iron ore inventory across the 10 major ports tracked by SMM decreased by 910,000 mt WoW this week. Stocks of different types are as follows: fines (87.4 million mt, +510,000 mt), iron ore concentrates ...
Metal1d
As port arrivals increased significantly, iron ore inventory at 35 ports continued to accumulate
According to SMM, port arrivals remained at a high level this week. Pig iron output continued to increase and steel mills may make certain restocking, supporting the demand for iron ore concentrates, ...
Metal1d
NIO promotes senior VP of Finance to CFO
In response to Mr. Feng's departure, NIO's board of directors has moved to promote Mr. Stanley Yu Qu, the company's Senior Vice President of Finance, to the position of Chief Financial Officer.
Metal2d
JAC Group’s commercial vehicles debut CATL’s Tianxing power battery
On July 4, Chinese battery giant CATL launched its new commercial vehicle power battery brand Tianxing, which will be initially implemented in JAC Group's (JAC) new energy vehicles.
Metal2d
XPENG AEROHT to build facilities in Guangzhou for R&D, manufacturing, sales of flying cars
XPENG AEROHT will establish a flying car R&D, intelligent manufacturing, and sales center in the Guangzhou Development District.
Metal2d
As the production ramp-up of new DMC facilities slowed down, the operating rates of DMC plants slightly decreased in June
At the beginning of this week, online DMC prices of enterprises in Shandong held stable at 13,500 yuan/mt, with the second bidding price at 13,400 yuan/mt. Leading producers kept DMC offers at 13,900 ...
Metal2d
CATL launches ‘TIANXING’ battery brand dedicated to commercial vehicles
On July 4th, Chinese power battery giant CATL officially launched its commercial vehicle (CV)-dedicated battery brand, CATL TIANXING. Shanghai (Gasgoo)- On July 4th, Chinese power battery giant CATL ...
Metal2d
SMM Morning Comment For SHFE Base Metals On July 5
SHANGHAI, May 17 (SMM) - The most-traded SHFE 2306 aluminium contract opened at 18,115 yuan/mt overnight, with its low and high at 18,085 yuan/mt and 18,280 yuan/mt before closing at 18,230 yuan/mt, ...
Metal2d
SMM Lead Market Morning Comment (July 5)
SHANGHAI, May 17 (SMM) - The most-traded SHFE 2306 aluminium contract opened at 18,115 yuan/mt overnight, with its low and high at 18,085 yuan/mt and 18,280 yuan/mt before closing at 18,230 yuan/mt, ...
Metal2d
US Dollar Index and Fundamentals Remain Weak, Copper Prices Expected to Hold Steady [SMM Copper Morning Comment July 5]
Overnight, LME copper opened at $9,874.5/mt, initially rose to a session high of $9,918/mt, then declined to a session low of $9,851/mt, and slightly rebounded by the end of the trading session, ...
Metal2d
SMM Tin Market Morning Comment (July 5)
SHANGHAI, May 17 (SMM) - The most-traded SHFE 2306 aluminium contract opened at 18,115 yuan/mt overnight, with its low and high at 18,085 yuan/mt and 18,280 yuan/mt before closing at 18,230 yuan/mt, ...