News

Since December last year, the US Fed has kept the target range for the federal funds rate at 4.25% to 4.50%. In the Summary of Economic Projections (SEP) released last month, the Fed maintained its ...
SMM April 21 News: According to SMM sources, Shandong Humon has initiated a public tender today for approximately 20 metric tons of antimony oxychloride.
After Trump launched a full-scale trade war, something most people did not expect happened: the safe-haven status of the US dollar was shaken. Economists warned that the significant drop in the US ...
The People's Bank of China authorized the National Interbank Funding Center to announce the Loan Prime Rate (LPR) for April. The 5-year LPR remained at 3.6%, unchanged from the previous month. The ...
The bid inviter for the project was CGN Shanhe Environmental Engineering Co., Ltd. The project is located in Juxian County, Rizhao City, Shandong Province, with a scale of 100MW/200MWh. The tender ...
US Tariff Policy Reversals, Copper Prices Fluctuate at Highs Amid Continued Destocking. Macro-wise, Trump criticized businessmen who oppose tariffs as being poor at business, but what they are truly ...
Last week, the spot market saw relatively active overall trading, and this week is expected to continue the heated trend. [SMM Tin Morning Brief] Last week, the most-traded SHFE tin contract (SN2505) ...
SMM Morning Meeting Summary: Macro Uncertainties Persist, Market Caution Limits Sustained Copper Price Gains. On April 18, SMM reported spot premiums of #1 copper cathode against the SHFE copper 2505 ...
On Friday, April 18, the White House announced that it would expedite the permitting process for 10 mining projects in the US, which will provide copper, lithium, coal, and other minerals. This move ...
On Sunday, April 20, the Russian government announced on Saturday that the state-owned development bank VEB would invest over 1.1 trillion rubles ($13.4 billion) in the development of a copper mine in ...
Comment: Market Concerns Over Demand Persist, SHFE Zinc in the Doldrums】Last Friday, the most-traded SHFE zinc 2506 contract opened at 22,100 yuan/mt. After the opening, bears increased their ...
SHFE Zinc in the Doldrums, Focus on Subsequent Domestic Consumption. Last Friday, LME zinc was closed due to the Easter holiday. On Friday, the most-traded SHFE zinc 2506 contract opened at 22,100 ...