News

Shanghai Metals Market2h
Copper prices have surged to record highs — and they could jump higher. Here’s why
Trump’s July 8 announcement of a 50% tariff on copper imports beginning August 1 sent prices surging 13% in one day, up to a ...
Shanghai Metals Market3h
China Tightens Grip on EV Battery Tech with New Export Controls
Western manufacturers face new hurdles as Beijing's new export licensing requirements for eight crucial EV battery ...
Shanghai Metals Market17m
Zinc concentrate Imports Decline Significantly in June, with Australia and South Africa Contributing the Major ReductionSMM Analysis]
SMM Analysis：According to the latest customs data, in June 2025, 330,000 mt (metric tons) of zinc concentrates were imported, down 32.87% MoM from May (161,600 mt), and up 22.42% YoY. From January to ...
Shanghai Metals Market58m
General Administration of Customs: China's copper cathode imports rose 15.15% MoM in June. Breakdown of data
Data released by the Online Inquiry Platform for Customs Statistics shows that China's imports of copper cathode in June 2025 were 337,042.568 mt, up 15.15% MoM and up 9.23% YoY.
Shanghai Metals Market43m
Mega project sparks bullish sentiment, driving iron ore prices sharply higher [SMM Comment]
The MoM increase in SMM's global iron ore shipments and arrivals expanded, adding pressure to iron ore supply. However, news broke over the weekend that the hydropower project downstream of the ...
Shanghai Metals Market1h
General Administration of Customs: China's imports of copper ore and concentrate rose 1.77% YoY in June. Breakdown of data.
Data released by the Online Inquiry Platform for Customs Statistical Data showed that China's imports of copper ores and concentrates reached 2,349,690.57 mt in June 2025, down 1.91% MoM and up 1.77% ...
Shanghai Metals Market1h
Copper inventories in both SHFE and LME markets rebound, with LME copper inventories rising to a new high in over a month
The latest data released by the Shanghai Futures Exchange showed that SHFE copper inventories dropped back slightly during the week of July 18, with weekly inventories increasing by 3.8% to 84,556 mt, ...
Shanghai Metals Market1h
BC copper closed up 2.01%, with strong macro expectations supporting copper prices [SMM BC Copper Commentary]
Today, the most-traded BC copper 2508 contract opened at 69,680 yuan/mt, closing the day with a positive candlestick, indicating a reduction in bearish positions. During the night session, the ...
Shanghai Metals Market1h
Favourable macro front and sentiment continue, SHFE zinc holds up well [SMM zinc futures brief comment]
Favourable macro front sentiment persists, SHFE zinc holds up well]: The most-traded SHFE zinc 2509 contract opened at 22,880 yuan/mt. After opening, SHFE zinc fluctuated rangebound above the daily ...
Shanghai Metals Market1h
Interpretation of Export Data for Copper Enamelled Wire in June: Up YoY, with Divergent Flows
According to data from the General Administration of Customs (GAC), China exported 13,217.28 mt of copper enamelled wire in April 2025, up 38.28% YoY and 5.67% MoM. From January to April, China's ...
Shanghai Metals Market1h
【SMM Analysis】Tight Supply in Southeast Asia + Surge in Domestic Demand: Multiple Catalysts for the Rising Price of Nutshell Charcoal Imports
According to the latest data from the General Administration of Customs, China imported 11,476.7 mt of husk charcoal in June 2025, down 1% MoM and 9% YoY. The average import price of husk charcoal in ...
Shanghai Metals Market2h
Horizon Robotics completes power-on of Journey 6B in-car smart computing solution
Beijing (Gasgoo)– Recently, Horizon Robotics (Horizon) successfully powered on its new entry-level automotive smart computing solution, the Journey 6B, marking a key milestone in the deployment of its ...