Shanghai Metals Market

[SMM Hot-Rolled Coil Daily Trading] Some Markets Already on Holiday, Spot Coil Trading Volume Decreased Significantly

SMM Hot-Rolled Coil Daily Trading] On February 9, the total daily trading volume of hot-rolled coil from SMM's four-city (Shanghai, Lecong, Tianjin, ...
Shanghai Metals Market

[SMM Nickel Sulphate Daily Review] February 9th: Pre-Holiday Trading Remained Weak, Nickel Salt Prices Held Steady

On February 9, the SMM battery-grade nickel sulphate index price was 31,646 yuan/mt, with the quotation range for battery-grade nickel sulphate at 31,400–32,500 yuan/mt, and the average price ...
Shanghai Metals Market

The market has entered a semi-holiday mode, with iron ore prices continuing to be in the doldrums [SMM Brief Review].

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal ...
Shanghai Metals Market

[SMM Comment] Tungsten Surges 50%: APT Hits 1-Million Threshold; What’s Next for the Market?

Tungsten enterprise significantly raised its long-term contract purchase prices for the first half of February Zhangyuan Tungsten Co., Ltd. of Chongyi's prices are as follows: 1. 55% scheelite ...
Shanghai Metals Market

[Domestic Iron Ore Brief Review] Iron Ore Concentrate Prices in Shandong Region May Remain in the Doldrums

Shandong Region Iron Ore Concentrates Prices May Remain in the Doldrums] This week, Shandong region mines and beneficiation plants offered 64-grade alkaline powder dry basis pre-tax acceptance ex-mine ...
Shanghai Metals Market

[SMM Comment] Surging Over 50%! Wolframite Hits New Highs as APT Eyes the 1-Million Mark; What’s Next for the Market?

The tight supply situation in the raw material spot market continues to intensify, coupled with the holiday effect brought by the approaching Chinese New Year, the overall market is showing a pattern ...
Shanghai Metals Market

[SMM Steel Shipping] China's total steel exports last week fell 17% WoW

During this week, steel departures from China's main ports totaled 2.3763 million mt, down 17% WoW.
Shanghai Metals Market

SHFE Cast Aluminum Alloy Warrants Up 1,452 mt to 68,535 mt on Feb 9

SMM News] SHFE data shows that on February 9, the total registered volume of cast aluminum alloy warrants was 68,535 mt, an increase of 1,452 mt from ...
Shanghai Metals Market

Soaring Raw Material Prices Put Magnetic Material and Motor Makers in a Dilemma [SMM Analysis]

"The market has gone absolutely crazy." That's the shared sentiment among many executives at magnetic material and motor plants. As of February 9, 2026, the price of praseodymium-neodymium (Pr-Nd) ...
Shanghai Metals Market

Easpring and ProLogium Sign Strategic Cooperation for Solid-State Batteries and New Energy Ventures

Easpring Technology (300073.SZ) announced that the company and ProLogium Technology signed the "Strategic Cooperation Framework Agreement" on February ...
Shanghai Metals Market

Chongqing Successfully Implements First Nationwide Pilot for Imported Aluminum Scrap Inspection

SMM Flash] According to relevant reports, on February 9, a batch of 103.5 mt of imported aluminum scrap arrived at the Chongqing Yongchuan Port Custo ...
Shanghai Metals Market

Copper Inventories in Major Domestic Regions Continued to Build Up Over the Weekend [SMM Weekly Data]

As of Monday, February 9, SMM's national mainstream copper inventories increased 0.27% WoW, but showed a destocking trend compared to last Thursday. Regional performances diverged, with only Shanghai ...