Shanghai Metals Market

A Zinc Smelter in Southwest China Plans to Increase Production by 3,000 mt per Month in Early May

A zinc smelter in Southwest China plans to increase production in May] According to SMM, a zinc smelter in Southwest China plans to increase producti ...
Shanghai Metals Market

Copper Plate/Sheet and Strip Exports Up 10.14% YoY in March, Industry Exports Maintaining High Prosperity

According to data from the General Administration of Customs, China's copper plate/sheet and strip exports in March 2026 reached 11,612.2 mt, up 38.32% MoM and up 10.14% YoY. From January to March, ...
Shanghai Metals Market

A Zinc Smelter in Southwest China Underwent Approximately 40-Day Maintenance in April, Affecting Around 1 kt

A Zinc Smelter in South-west China Begins Routine Maintenance] According to SMM, a zinc smelter in south-west China began routine rotational maintena ...
Shanghai Metals Market

Soaring Diesel Prices in DRC Mining Hubs Drive Up Operational and Transport Costs for Mine Operators

The DRC’s mining sector is highly dependent on diesel for power, mining, and cross-border transport, and diesel prices have risen sharply in recent we ...
Shanghai Metals Market

Gotion High-tech Plans to Release Fifth-Generation LFP Full-Scenario Battery in Mid-May

The company plans to launch its fifth-generation LFP full-scenario battery in mid-May, covering all application scenarios ...
Shanghai Metals Market

Galvanized Sheet Exports Remained Strong in March — What to Expect in April?

According to the latest customs data, galvanized sheet exports totaled 1.157 million mt in March 2026, up 30.13% MoM and up 7.48% YoY. Cumulative galvanized sheet exports from January to March reached ...
Shanghai Metals Market

Crude Oil Rose Over 5%, Metals Showed Mixed Performance, LME Nickel, SHFE Silver, and Silicon Metal Rose Over 1%, Polysilicon Hit Daily Limit Up Again [SMM Daily Review]

As of the daytime close, base metals on the domestic market mostly rose, with only SHFE aluminum and SHFE nickel declining. SHFE aluminum fell 1.49% and SHFE nickel fell 0.9%. The rest of the metals ...
Shanghai Metals Market

Polestar Posted Net Loss of 2.36 Billion in 2025 with Rising Revenue and Sales

Polestar's Net Loss Widened to $2.36 Billion in 2025] Data recently released by Swedish EV brand Polestar showed that its net loss widened to $2.36 b ...
Shanghai Metals Market

Lead Price Ran Below Daily Average Throughout the Day, Moving Sideways and Closing with a Small Bearish Candle [Lead Futures Brief Review]

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal ...
Shanghai Metals Market

Aluminum Prices Fluctuated Downward, Suppliers Showed Strong Willingness to Hold Prices Firm [SMM Spot Aluminum Midday Review]

SHFE aluminum prices pulled back today, but high aluminum prices still suppressed buying sentiment in the central China market. Downstream processing enterprises mostly adopted a wait-and-see approach ...
Shanghai Metals Market

Copper Inventories in China's Major Regions Continued Destocking for the Sixth Consecutive Week over the Weekend [SMM Weekly Data]

As of Monday, April 20, SMM copper inventories in mainstream regions nationwide decreased 12.21% WoW, with total inventory up 66,700 mt YoY, marking six consecutive weeks of destocking. Specifically, ...
Shanghai Metals Market

【SMM Analysis】Chrome ore imports rebounded markedly in March, the market remained weak due to sluggish demand

According to China Customs statistics, China's total chrome ore imports reached 2.4402 million tons in March 2026, rising 36.42% month-on-month and surging 83.58% year-on-year.Of the total, imports ...