Hot News

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  Gasgoo Daily: XPENG aims to achieve breakeven by late 2025

  With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

• Futures market fluctuated rangebound, spot market remained stable [SMM SiMn Alloy Market Review]

  The SM2501 contract opened at 6,244 yuan/mt, fluctuated rangebound after the morning session, and finally closed at 6,306 yuan/mt, up 1.38%.

• Overseas Demand Remained Strong, SiMn Alloy Exports Increased Again in October [SMM Analysis]

  According to the latest release from the General Administration of Customs, China exported 5,164.33 mt of SiMn alloy in October 2024, up 3.24% MoM.

• The market outlook for enterprises is pessimistic, and trading sentiment is sluggish [SMM REE Daily Review]

  Today, rare earth market prices showed an overall downward trend.

• Stainless Steel Sentiment Recovers, Prices Stabilize but Face Difficulty in Rising [SMM Stainless Steel Spot Daily Review]

  On November 20, the sentiment in the stainless steel market further recovered.