Breaking it down, inventories in the Shanghai region decreased by 2,300 mt from Monday to reach 95,100 mt. The decline in inventories in this region was due to a decrease in imported copper arrivals ...

[SMM Lead Morning Brief: LME Lead and SHFE Lead Consolidate at Highs amid Interplay of Factors Such as Tariffs and Costs] SMM reported on July 10: Overnight, LME lead opened at $2,043.5/mt. With the ...

The stalemate in supply and demand continues, with magnesium prices stabilizing at highs] Material prices have remained stable, with raw coal prices bottoming out and rebounding. The cost support for ...

"Once the tariff noise related to the US subsides, we expect US copper prices to fall and converge with LME prices," said Tom Price, an analyst at Panmure Liberum. He noted that US copper demand is ...

Market cautious due to tariff concerns, SHFE zinc's center moves upward] Overnight, the most-traded SHFE zinc 2508 contract opened at 22,120 yuan/mt. Early in the session, bears reduced their ...

On Wednesday, July 9, senior government officials from Chile and Mexico indicated that they might seek alternative markets to avoid Trump's tariff threats, following the previous day's threat by US ...

Futures market: The most-traded SHFE tin contract (SN2508) rebounded after hitting bottom in the night session, fluctuating upward to around 264,300 yuan/mt, up slightly by 0.28% from the previous ...

Overnight LME copper opened at $9,610.5/mt, briefly dipped to $9,601/mt in early trading before fluctuating upward to hit $9,673/mt. Subsequently, copper prices gradually pulled back and closed at $9, ...

Tariff Issues Repeated, LME Zinc Center Moves Upward]: Overnight, LME zinc opened at $2,715/mt. Early in the session, LME zinc briefly dipped to a low of $2,708/mt. Subsequently, bears reduced their ...

"Copper prices are currently under pressure, but after the US copper tariff is finalised, prices may rebound as fundamentals remain tight in the short term," a benchmark mining intelligence analyst ...

Market Deadlock Persists Amid Sluggish Trading] SMM July 9 - SS futures held up well during the session. Spot market, the overall operation remained basically stable. Influenced by yesterday's ...

The daily average pig iron production of the sampled steel mills was 2.4118 million mt, down 0.19 million mt MoM. Although pig iron production has declined slightly, supported by high profits at steel ...