Strict Control of Reverse Invoicing, Long-Term Restriction on Recycled Raw Material Circulation        In H1, fiscal and tax supervision became the core underlying constraint weighing on the copper ...

In May 2026, Indonesia's monthly total imports of sulphur were 277,834.30 mt in physical content, up 3.9% MoM and down 55.80% ...

ADC12 Prices Generally Stable with Slight Rise, Inverted Domestic-Overseas Spread Continues to Narrow] Quotes in the secondary aluminum alloy market predominantly held steady with a slight rise today.

SMM statistics show the comprehensive operating rate of China's copper billet enterprises was 46.09% in June, down 3.18 percentage points MoM and pulling back slightly by 0.06 percentage points YoY ...

The essence of this supply crunch is a "three-layered squeeze": Layer 1: Physical cutoff – the Hormuz blockade severed Middle ...

Morning Meeting Minutes] The central bank announced that on July 6, 2026, the People's Bank of China conducted a 1 trillion yuan outright reverse repo operation via a fixed-quantity, rate tender, and ...

SMM Shanghai Spot Copper] Looking ahead to tomorrow, according to the Central Meteorological Observatory, this year's No. 9 typhoon "Bawei" has strengthened into a super typhoon. It is expected to ...

Today, Guangdong #1 copper cathode spot against the front-month contract: high-quality copper was quoted at 80 yuan/mt, up 10 yuan/mt from the previous trading day; standard-quality copper was quoted ...

MHP in July and refined nickel in August, marks another major expansion of the country's downstream nickel industry. While the project strengthens Indonesia's position as the world's leading battery ...

Secondary Aluminum Operating Rate in June Sees Narrower MoM Decline and Deep YoY Pullback; Attention on Production Flexibility Driven by Price Spreads] According to the SMM survey, in June 2026, the ...

Multiple Demand Drivers Continue to Boost Copper Foil Operating Rates in June] According to SMM, the operating rate of China's copper foil enterprises in June 2026 was 91.48%, up 1.17 percentage ...

Today, DCE iron ore futures trended weaker, with contract I2609 closing at 735.5 yuan/mt, down 0.47% from the previous trading day. Port spot prices fell by about 1-2 yuan/mt from the previous trading ...