Shanghai Metals Market

[SMM Analysis] Ternary Cathode Material Exports Remain High in Early 2026

It is worth noting that the overall overseas ternary cathode demand outlook for 2026 remains subdued. The U.S. market has ...
Shanghai Metals Market

China’s Home Appliance Production and Exports, January-February 2026

From January to February 2026, China's air conditioner production reached 40.118 million units, up 0.7% YoY. From January to ...
Shanghai Metals Market

Stainless Steel Prices and Costs Pulled Back in Tandem, While Losses at Steel Mills Worsened [SMM Analysis]

This week, stainless steel spot prices and production costs pulled back in tandem, though the inversion between steel mill costs and prices worsened slightly. Taking 304 cold-rolled products as an ...
Shanghai Metals Market

China’s total manganese ore imports in January increased 5.14% MoM and 102.98% YoY [SMM Data]

According to the latest release from the General Administration of Customs, SMM statistics showed that China’s total manganese ore imports were 3.4426 million mt in January 2026, up 5.14% MoM and up ...
Shanghai Metals Market

[Brief Review of China’s Iron Ore Market] Iron Ore Prices in West Liaoning May Have Some Upside Room

Iron Ore Concentrates Prices in West Liaoning May Have Some Room to Rise] Domestic iron ore prices in west Liaoning were relatively stable, with the ex-factory prices of locally produced 66-grade iron ...
Shanghai Metals Market

[SMM Analysis] The Return of the Philippine Mining Season Faces Freight Cost Pressure, While Indonesian Supply Is Constrained by the Progress of RKAB Approvals

Mining Season Began, with NPI Prices Losing Upward Momentum and Freight Pressure Coexisting Philippine nickel ore prices were flat this week. In terms of prices, Philippine nickel ore CIF China ...
Shanghai Metals Market

China's NdFeB Magnet Exports Rise 8.26% YoY in Jan-Feb 2026, Despite Monthly Fluctuations

Latest Data from the General Administration of Customs] In January 2026, China exported 6,023.65 mt of NdFeB permanent magnets, up 1.2% MoM and down ...
Shanghai Metals Market

Zinc Prices Centered Higher, with Attention on Subsequent Macro Changes [SMM Zinc Brief Review]

Zinc Price Center Rose, Focus on Subsequent Macro Changes] The most-traded SHFE zinc 2605 contract opened at 22,875 yuan/mt. After the opening, bulls added to open interest and pushed SHFE zinc up to ...
Shanghai Metals Market

[SMM HRC Daily Review] Cost Support Is Expected to Strengthen, HRC Prices May Continue to Be Raised Next Week

This week, the average HRC price edged up slightly, but overall transactions were basically unchanged WoW. In terms of supply, fewer rolling lines und ...
Shanghai Metals Market

Boliden Temporarily Halts Garpenberg Zinc Mine Due to Seismic Activity

Garpenberg Zinc Concentrates Production Was Suspended Due to Seismic Activity] According to Boliden, production at the Garpenberg mine was temporaril ...
Shanghai Metals Market

China's Dysprosium Exports Surge 553.55% YoY, Setting New Record High in January 2026

Latest Data From the General Administration of Customs] In January 2026, China’s exports of metallic dysprosium reached 6.1 mt, up 144% MoM and surgi ...
Shanghai Metals Market

GACC: China’s February Copper Cathode Imports Fell 33.28% YoY, Breakdown Data at a Glance

Data released by the online query platform of customs statistics showed that China’s copper cathode imports in February 2026 were 203,588.22 mt, down 18.78% MoM and down 33.28% YoY. The DRC was the ...