SHANGHAI, Oct 29 (SMM) – SMM understood that the bidding price for ferromolybdenum by domestic steel mills fell sharply again on October 28. A steel mill in Shanxi bid for 200 mt of ferromolybdenum, with the biding price of 148,000 yuan/mt by acceptance.
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The prices still lack support from the demand side, market sources said. China's Jan-Oct Cu concs imports up 6% YoY Nov 08, 2021 China's imports of copper ore and concentrates over January-October grew by 6.3% on year to a total of 19.2 million tonnes, according to the latest data from China's General Administration of Customs released on ...
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Large Capacity Ceramic Ball Mill with Low Price [Jul 28, 2021] Ceramic Ball Mill introduction Ceramic Ball Mill is mainly used to mix and grind materials. Fineness of product is homogeneous and saves dynamic. It can be used for dry and wet ... Company: Shanghai Zenith Mineral Co., Ltd.
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China's total exports of wrought manganese, manganese products, unwrought manganese, shredded scrap, and powder scrap stood at 34,300 mt in September, up 3.62 month on month and 45.32% year on year, according to SMM statistics. SHANGHAI, Oct 21 (SMM) – …
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SHANGHAI: Shanghai shares slipped on Friday, dragged by coal miners amid China's intensive measures to rein in coal prices and boost production, while property firms dropped after a …
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SHANGHAI, Oct 28 (SMM) - Transactions in the downstream molybdenum chemicals and other markets thinned as molybdenum concentrates prices fell sharply. Molybdenum fines fell slightly and deeply processed products like molybdenum strips are likely to have price cuts in the future.
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Domestic. Eastern China (Shanghai): 4,750-4,800 yuan ($742-750) per tonne, up by 110-130 yuan per tonne. With the price of the most-traded January rebar contract on the exchange having fallen below spot market levels, the mills in northern China are …
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According to SMM research, the power rationing intensified again in Jiangsu on the evening of October 18, forcing local steel mills to cut their production massively. At present, steel mill 1 (blast furnace) has stopped production on the night of October 18. The rolling line of steel mill 2 (blast furnace) will reduce the power use by 60%.
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The long-term prices are likely to trend up amid low inventories. Nickel: The most-traded SHFE 2112 nickel closed down 0.54% or 790 yuan/mt to 144210 yuan/mt, with open interest up 1168 lots to 102069 lots. On the fundamentals, the high-grade NPI market was quiet, and iron prices stood high supported by the costs and short supply.
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But the demand for coke from mills continued to decrease amid production restrictions at mills. Some mills even controlled the arrival sof coke. The supply of coke became looser. Some mills in Shanxi started the third round of price cuts of coke by 200 …
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Shanghai bonded base metal stocks mixed in October, nickel up by 142.5%. Shanghai bonded copper and zinc stocks modestly declined in October due to unfavorable market conditions for imports, while aluminium stocks were flat and nickel stocks registered the biggest gain. Decline of copper stocks slows in October.
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SHANGHAI, Sep 30 (SMM) – Shanghai nonferrous metals closed all in the negative territory as the US dollar index hit a high in the past year. Shanghai copper lost 1.01%, aluminium dropped 1.46%, lead edged down 0.45%, zinc slid 1.43%, tin fell 1.86%, and nickel down 0.77%.
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Shanghai Metal Price Index（Nov 10th,2021 ） New index： 28802.68 Change ￥：-364.29 Change% ：-1.25% Species standard average price： Cu …
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