Shanghai Metals Market

[SMM Analysis] India Imposes Three-Year Anti-Dumping Tariffs on Solar Cells and Modules from China

On September 29, the Directorate General of Trade Remedies (DGTR) under India's Ministry of Commerce and Industry issued the ...
Shanghai Metals Market

China's Alumina Cost Expected to Edge Down in October

In summary, SMM predicts a slight decrease in the national weighted average full cost of alumina production in October. The cost is projected to operate within a range of 2,930 to 3,030 yuan per ton, ...
Shanghai Metals Market

Special Review for National Day: The Past and Present of China's Aluminum Capacity Ceiling [SMM Analysis]

The Past and Present of China's Aluminum Capacity Ceiling] Since its inception in 1953, China's aluminum industry has ...
Shanghai Metals Market

[SMM Analysis] Zhuhai Hongjun announced the construction of a 6 GW annual-capacity HJT photovoltaic module factory in Saudi Arabia

SMM Analysis] Recently, Zhuhai Hongjun SoleFiori (a subsidiary of China's Hongjun New Energy) announced a partnership with ...
Shanghai Metals Market

U.S. Bureau of Labor Statistics Suspends Data Release, LME Copper Plunged Sharply Last Night [SMM Copper Morning Meeting Summary]

LME copper opened at $10,262.5/mt overnight, initially dipped to $10,256/mt, then copper prices gradually rose to a high of $10,450/mt, fluctuated considerably, and finally closed at $10,428.5/mt, up ...
Shanghai Metals Market

[SMM Analysis: How Will Primary Lead Enterprises Plan Production in October Amid Strong Prices of Lead and By-Products Like Silver?]

How Will Primary Lead Enterprises Plan Production in October Amid Strong Prices of Lead and By-Products Like Silver?]SMM, ...
Shanghai Metals Market

Solid-State Batteries Gain Dual Drivers from Policy and Technology, September 2025 Marks Critical Industrialisation Period

In September 2025, China's solid-state battery sector reached a significant milestone. The MIIT initiated a mid-term review ...
Shanghai Metals Market

[SMM Analysis] Yunnan Issues Detailed Rules for Distributed PV Management: Strengthening Self-Consumption Ratio to Promote High-Quality Development

SMM Analysis] On September 29, the Yunnan Provincial Energy Bureau and the Yunnan Energy Regulatory Office jointly issued the ...
Shanghai Metals Market

Phosphorus Chemical Market Analysis for September 2025

Monthly phosphate ore supply and demand maintained a tight balance, with prices stabilizing at a high level of around 1,000 ...
Shanghai Metals Market

[SMM Announcement] Temporary Suspension of China Domestic Price Updates During Holidays (Oct 1-8, 2025), Overseas Price Updates Will Continue as Normal

The 2025 National Day holiday and Mid-Autumn Festival is approaching. To help users make arrangements in advance, SMM’s work ...
Shanghai Metals Market

The market is filled with a festive atmosphere, and SHFE lead fluctuates within a narrow range. [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 exchanges, and relying on SMM's internal database ...
Shanghai Metals Market

September Stainless Steel Production Rose 3.02% MoM, "September Peak Season" Demand Recovery Shows Weakness, October Production Increases Face Constraints [SMM Analysis]

SMM data shows that national stainless steel production in September 2025 increased by 3.02% MoM and 5.79% YoY. By series, 200 series production rose 10.51% MoM; 300 series production increased 0.45% ...