Overnight, ferrous metals all fell, with iron ore down 0.58%, stainless steel down 0.27%, rebar down 0.16%, and hot-rolled coil up 0.09%. Coking coal and coke: coking coal fell 0.24%, coke fell 0.18%.
The strategist said that four out of five economic scenarios point to further currency debasement, and gold prices could rise to $8,000 per ounce by 2027 as a result. Spot gold and gold futures were ...
Peter Grant, Vice President and Senior Metals Strategist at Zaner Metals, said: "The reopening of the strait is a pivotal event. With oil prices under pressure, this is expected to ease inflation ...
LME Lead 3M Extended Gains from the Previous Session and Stayed Firm around the $1,950-1,960/t range
As of 17 April, Asian trading session opening in a tight but gradually strengthening range during the early tradin ...
April is 0.5%, and the probability of maintaining the interest rate unchanged is 99.5% (unchanged from this morning). The probability that the Fed will cut interest rates by 25 basis points by June is ...
DCE iron ore futures trended stronger today. The most-traded contract I2609 ultimately closed at 778.5 yuan/mt, up 0.39% from the previous trading session. Spot prices fell 3-5 yuan/mt from the ...
On April 16, Leap Motor D19 was officially launched, offering 7 car models with a selling price range of 219,800–269,800 yuan. As the first car model ...
SHFE aluminum 2605 fluctuated downward in the morning session, but overall aluminum prices remained at high levels. Influenced by downstream stockpiling on Friday, overall market purchasing sentiment ...
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 ...
[Molybdenum Iron Tender Information] SMM April 17: A steel mill in Hebei issued a tender price for molybdenum iron at 287,000 yuan/mt (acceptance), with a quantity of 150 mt.
This week, stainless steel production costs showed a strengthening upward trend, while spot prices rose even more significantly. The cost-price inversion at stainless steel mills was repaired, and ...
The Nikolai Nickel Project has been added to the U.S. FAST-41 program, which is designed to accelerate permitting and improve interagency coordination ...
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