Shanghai Metals Market

[SMM Analysis]Regional Divergence in the High-Grade NPI Market in 2025 Under Multiple Influencing Factors

In 2025, the global nickel pig iron (NPI) market, influenced by the interplay of supply-demand dynamics, cost fluctuations, ...
Shanghai Metals Market

Pylontech Announces the Official Opening of Its Australian Subsidiary

Pylontech is pleased to announce the official opening of its Australian subsidiary in Sydney. This milestone represents a ...
Shanghai Metals Market

Platinum and Palladium Futures Continue Strong Performance, Trading Volume Hits Record High [SMM Platinum and Palladium Daily Review]

On December 16, platinum's most-traded contract PT2606 and palladium's most-traded contract PD2606 continued their strong performance from the previous day, rising rapidly in the morning session and ...
Shanghai Metals Market

BC Copper 2601 contract closed down 0.79%. Policy divergence in the US puts copper prices under pressure [SMM BC Copper Review]

SHFE copper contract 2601 closed at 91,840 yuan/mt. Based on the BC copper 2601 contract price of 82,150 yuan/mt, its post-tax price is 92,830 yuan/mt, resulting in a price spread of -990 yuan/mt ...
Shanghai Metals Market

[SMM Stainless Steel Daily Review] Macro Uncertainty Disturbs Market, Stainless Steel Futures and Spot Cargo Synchronously Decline

SMM reported on December 16 that SS futures showed a further weakening and downward trend. Today, as the US non-farm payrolls data release approached, market concerns over macro policy uncertainty ...
Shanghai Metals Market

AOne's Silicon Carbon Anode Adhesive J ONE Released, Breaking Through the Mass Production Application Bottleneck of Pure Silicon Anodes

On December 16, 2025, according to information from AOne New Materials' official account, Shenzhen AOne New Materials ...
Shanghai Metals Market

[Domestic Iron Ore Brief] Supply and Demand Both Weak, Tangshan Region Iron Ore Concentrates Prices May Trend in the Doldrums

Weak Supply and Demand, Iron Ore Concentrate Prices in Tangshan Region May Remain in the Doldrums] Iron ore concentrate prices in the Tangshan region are relatively stable, with 66-grade iron ore ...
Shanghai Metals Market

[SMM Hot-Rolled Arrivals] This Week's Arrivals in Key Northern and Southern Cities Increased by More Than Half

According to SMM statistics, estimated total shipments to mainstream markets this week were 186,300 mt, down 7.73% WoW from last week’s shipment level. By market: ...
Shanghai Metals Market

Chassis Three-Axis Integration: The Next Phase of Intelligent Electric Vehicles

Three-axis chassis integration is one of the most important technical answers to that question.
Shanghai Metals Market

Environmental Protection-Driven Production Restrictions Suppress Hot Metal Output, Iron Ore Prices Fluctuate Rangebound [SMM Brief Review]

According to SMM statistics, this week (December 13 to December 19), the impact from blast furnace maintenance on hot metal reached 1.8735 million mt, up 134,600 mt WoW. Due to environmental ...
Shanghai Metals Market

[SMM Analysis] Nickel Prices Plunge Over 2% in a Single Day, Hitting a New Low—Where Is the Short-Term Bottom?

On December 16, global nonferrous metals markets experienced a collective correction, with nickel performing particularly weakly. The most-traded SHFE nickel contract (2601) fell 2.36% for the day, at ...
Shanghai Metals Market

MMi Daily Iron Ore Report (December 16)

Today, DCE iron ore prices trended stronger, with the most-traded contract I2605 closing at 761 yuan, up 1.06% from the previous working day. Spot prices rose 3–5 yuan/mt from the previous day.