As of Thursday, December 5, SMM copper inventories in major regions across the country decreased by 12,900 mt compared to Monday, reaching 130,300 mt, and decreased by 7,200 mt compared to last Thursday.
Key highlights from the global aluminium industry, November 2024
In November 2024, the global aluminium industry continues demonstrating resilience and innovation amidst evolving market dynamics. The month has been marked by significant milestones, from groundbreaking advancements in sustainable production and recycling technologies to strategic investments reshaping supply chains.
AAI: Anti-dumping duty on Chinese solar components a game changer for domestic aluminium producers
The Aluminium Association of India (AAI) welcomes the Indian government's decision to impose anti-dumping duties on Chinese anodised aluminium frames used in solar components.
China’s critical minerals ban: A new front in USA-China trade conflict
Three critical minerals - gallium, germanium, and antimony - have been banned from being exported to the United States by China in an escalation of trade tensions. The decision, unveiled on December 3, 2024, comes just a day after Washington imposed new restrictions targeting China’s semiconductor sector, signalling an intensifying rivalry between the world’s two largest economies.
SMM Analysis: Traditional Off-Season Arrives, December Construction Steel Demand Declines
In November, with the arrival of cold wave weather, north China experienced snowfall, bringing outdoor construction projects to a close, while projects in south China progressed as scheduled, with some rushing to meet deadlines.