Hot News

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  Secondary Lead: Downstream Battery Producers Maintain Just-in-Time Restocking, Refined Lead Trading Activity Remains Tepid [SMM Lead Midday Review]

• The Squeeze Has Not Ended, Spot Market Premium for Silver Ingots Hits a New High [SMM Daily Review]

• [SMM MHP Daily Review] October 17 MHP Cobalt Quotation Coefficient Remains High, Transaction Coefficient Holds Steady

  As of now, the FOB price of Indonesian MHP nickel was $13,204/mt Ni, and the FOB price of Indonesian MHP cobalt was $34,156/mt Co.

• Boost in Automotive Consumption Aids Rebound in Operating Rate of Secondary Aluminum Producers in September [SMM Analysis]

  [SMM Analysis]Boost in Automotive Consumption Drives Rebound in Operating Rate of Secondary Aluminum Producers in September, Multiple Factors to Constrain Performance in October

• [SMM Analysis] Baosteel Refuses to Budge on Prices to Support the Market; Oriented Silicon Steel Prices to Remain in the Doldrums Next Week

  [Baosteel Refuses to Budge on Prices to Support the Market; Oriented Silicon Steel Prices Expected to Remain in the Doldrums Next Week] Overall, following the previous sharp decline in prices, bearish sentiment in the market has temporarily subsided. Coupled with leading enterprises such as Baosteel refusing to budge on prices to support the market, spot oriented silicon steel prices are expected to remain in the doldrums next week.