News

Shanghai Metals Market12m
Analyst: The European Central Bank may cut interest rates more than expected this year, with deposit rates falling below 2%
According to a survey of economists and analysts, as inflation is expected to fall below the European Central Bank's (ECB) 2% target in early 2026, the ECB is set to cut interest rates more than ...
Shanghai Metals Market15m
Yongda Co., Ltd.: Wind Power Industry Prosperity Rises, Expands Forging Business Through Outbound M&A
Yongda Co., Ltd.'s products are mainly applied in fields such as tunnel boring, construction machinery, and wind power generation. Financial reports show that in 2024, Yongda Co., Ltd. achieved ...
Shanghai Metals Market1h
Wall Street Slashes Expectations for US Fed Interest Rate Cut Overnight! Goldman Sachs: Next Interest Rate Cut Not Expected Until December
Goldman Sachs, however, has made an even larger adjustment—it postponed the timing of the US Fed's next interest rate cut to ...
Shanghai Metals Market1h
China and the US Announce Pressure Relief, Copper Prices Hold Up Well [Institution Comment]
On Monday, the most-traded SHFE copper contract fluctuated upward, while LME copper encountered resistance at $9,600 per mt last night and pulled back. The domestic near-month B structure narrowed. On ...
Shanghai Metals Market1h
The Sino-US tariff game has escalated again. How should battery enterprises adapt to the changing times?
In the darkest hour of the new energy industry, we need to seek and embrace new dawn. This is a new era, a time for both enterprises and individuals to transform and progress together. May 15-17, 2025 ...
Shanghai Metals Market1h
2025 CIBF's "Circle of Friends" Expands Again
The 17th CIBF, hosted by the China Industrial Association of Power Sources (CIAPS), will kick off at the Shenzhen World Exhibition & Convention Center.
Shanghai Metals Market1h
Imported ore transactions fell further, and the cost support effect of alumina weakened [SMM Alumina Morning Comment]
Futures Market: Overnight, the most-traded alumina ag2509 futures contract opened at 2,856 yuan/mt, with a high of 2,866 yuan/mt, a low of 2,825 yuan/mt, and closed at 2,832 yuan/mt, down 11 yuan/mt ...
Shanghai Metals Market1h
US Fed Governor Adriana Kugler: Trade tensions have eased, but tariffs will still have a significant impact
Even so, Kugler pointed out that the current average US tariff rate remains significantly higher than it has been in decades. "If tariffs remain much higher than they were earlier this year, the ...
Shanghai Metals Market1h
Zelensky Approves U.S.-Ukraine Mineral Agreement
On April 30th, the US and Ukraine jointly signed the "Agreement on the Establishment of the US-Ukraine Reconstruction Investment Fund," which was previously referred to as the "US-Ukraine minerals ...
Shanghai Metals Market1h
Wafer prices largely stable, cell inventory continues to rise [SMM Silicon-based PV Morning Meeting Summary]
Price: The price of N-type 18X wafers in the market ranges from 0.95 to 1 yuan/piece; the price of 210R wafers is 1.1-1.1 yuan/piece. Wafer prices are largely stable, with upward pressure remaining.
Shanghai Metals Market1h
US dollar index rebounds, exerting upward pressure on copper prices [SMM Copper Morning Meeting Summary]
Overnight, LME copper opened at $9,533/mt. The price initially fluctuated, reaching a high of $9,568/mt, before pulling back and touching a low of $9,471/mt. Subsequently, the price oscillated and ...
Shanghai Metals Market1h
China and the US Reach Agreement on Tariff Reductions, LME Zinc Rises on the Momentum [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment] Overnight, the LME zinc contract recorded a long upper shadow bullish candlestick, with the 40-day moving average acting as resistance above. Significant progress was made ...