This week, the high-nickel pig iron (NPI) market has seen a steady rise in prices. According to the latest data, the weekly ...

Today, Dalian iron ore futures continued to fluctuate upward. The most-traded I2505 contract closed at 817 yuan/mt, up 0.86% for the day.

After the Chinese New Year holiday, the enamelled wire industry resumed work and production as planned. SMM conducted a survey on the resumption and new orders status of 15 domestic enamelled wire ...

Next week, there will be few significant macroeconomic data releases, mainly including the US January unadjusted CPI year-on-year, US January PPI year-on-year, and US January retail sales ...

SMM China Rare Earth Market Daily] Today, the prices of mainstream rare earth products continued to rise rapidly. Most industry participants maintained strong bullish sentiment for the market outlook, ...

As of February 7, 2025, nationwide port inventories of nickel ore continued destocking by 2 million wmt compared to January 24, 2025, reaching 8.086 million wmt. The total equivalent metal content was ...

DCE iron ore futures continued to fluctuate upward. The most-traded I2505 contract closed at 817, up 0.86% for the day. Traders sold goods based on market trends. Steel mills purchased as needed, with ...

Cost Support for Electrodes Used in Silicon Production Continues to Strengthen, but Price Increases Remain Challenging】Under the continued weakness in silicon metal prices, fluctuations in the cost of ...

Refined Nickel Futures Rebound in the First Week After the Holiday, With Limited Market Transactions] This week, nickel prices fluctuated and strengthened, with spot prices ranging between 123,200-130 ...

Slow Post-Holiday Resumption, Tight Supply in Stainless Steel Scrap Market with Prices Expected to Rise] This week, the price of 304 stainless steel scrap off-cuts in east China remained stable at ...

Optimistic Sentiment in the Futures Market as BC Copper Most-Traded Contract Continues to Strengthen] SMM, February 7: Today, the most-traded BC copper 2503 futures contract opened at 67,650 yuan/mt, ...

The price spread between high-grade NPI and refined nickel also narrowed this week. The average discount of high-grade NPI to refined nickel reached 310.17 yuan/mtu, narrowing by 9.4 yuan/mtu WoW.