News

Shanghai Metals Market1h
The Sentiment in Rare Earth：Another Reason for Rising Price
Strong price signals: Within a week, rare earth metals from top-tier enterprises were "sold out instantly" twice at auction, ...
Shanghai Metals Market30m
Xie Hydrogen Releases World's First Mass-Produced 20kW Air-Cooled Hydrogen Fuel Cell Stack, Ushering in the Era of Heavy-Duty Drones
Xiehydrogen New Energy announced the official launch of the world's first mass-produced 20kW single-stack air-cooled hydrogen fuel cell. With a weight of 19kg and a compact size of 384×127×507mm, it ...
Shanghai Metals Market35m
Anhui's Third Batch of 8 Hydrogen-Powered Sanitation Vehicles Delivered in Lu'an, Marking a New Milestone of 100 mt Carbon Reduction
As a "veteran" in Anhui's hydrogen-powered sanitation sector, Lu'an City has accumulated over 40,000 kilometers of operation since launching the province's first hydrogen-powered sweeper truck in ...
Shanghai Metals Market17m
Weak demand puts pressure on titanium metal prices today [SMM Spot Titanium Report]
[SMM Titanium Spot Cargo Update: Weak Demand Leads to Pressure on Titanium Metal Prices Today] SMM reported on July 30 that the quoted price for TA1 titanium ingot was 57,000-58,000 yuan/mt, for TA2 ...
Shanghai Metals Market7h
GE Vernova Signs Long-Term Service Agreement for Asia's First Natural Gas-Hydrogen Dual-Fuel 9HA Power Plant
As the first natural gas-hydrogen dual-fuel 9HA power plant in mainland China, the Huizhou Daya Bay Project ordered two ...
Shanghai Metals Market50m
Magnesium plants show strong reluctance to budge on prices, and the market is waiting for demand to be released. [SMM Spot Magnesium Ingot Report]
SMM reported on July 30 that today, the ex-factory price of magnesium ingots in Fugu was 17,000-17,200 yuan/mt, with an average price of 17,100 yuan/mt; the FOB quote was $2,350-2,450/mt.
Shanghai Metals Market1h
BC copper fluctuates and closes lower, with the US Fed meeting attracting attention [SMM BC copper commentary]
Today, the most-traded BC copper 2509 contract opened at 70,070 yuan/mt and closed in the red. During the night session, the center of the most-traded BC copper 2509 contract gradually moved up, ...
Shanghai Metals Market57m
MMi Daily Iron Ore Report (July 30)
Today, Dalian iron ore futures opened higher but moved downwards, fluctuating in the doldrums during the day. The most-traded contract I2509 eventually closed at 789, with a daily decline of 0.44%.
Shanghai Metals Market55m
SERES Group, Harbin Institute of Technology launch joint innovation institute for intelligent vehicles
Shanghai (Gasgoo)- On July 29, SERES Group signed a cooperation agreement with Harbin Institute of Technology ("HIT") to establish the "SERES Group-HIT Joint Innovation Institute for Intelligent ...
Shanghai Metals Market1h
Multiple driving forces boosted copper prices in H1. Can they continue to rise in H2? [SMM Special Report]
From the changes in LME copper cathode inventory data, the LME copper inventory on June 30 was 90,625 mt, a decrease of 180,725 mt compared to the inventory data of 271,350 mt on January 2, ...
Shanghai Metals Market2h
The market is mostly waiting and watching, with SHFE zinc fluctuating and consolidating [SMM zinc futures brief comment]
The most-traded SHFE zinc 2509 contract opened at 22,735 yuan/mt. In the early trading session, bulls reduced their positions, causing SHFE zinc to fluctuate downward below the daily average line.
Shanghai Metals Market1h
Expectations dashed and rumors of production restrictions suppress iron ore prices, moving downwards after a higher opening [SMM Commentary]
Market news indicated that Zhao Minge, President of the China Iron and Steel Association, stated that China would continue to implement crude steel production control policies in 2025, with relevant ...