Hot News

• 

  Successive Surges in Aluminum Prices Strengthen Sentiment to Hold Aluminum Ingot Prices Firm, Aluminum Billet Processing Fees in Southern China Collapse with Negative Fees [SMM Southern China Spot Aluminum Daily Review]

• Latest Drilling Progress at the Kadaguinea Gold Mine in Guinea

• [SMM Hot-Rolled Arrivals] Arrivals in South and East China Both Increased This Week  

  SMM Steel, December 9 – According to SMM statistics, estimated total shipments to mainstream markets this week were 186,300 mt, down 7.73% WoW from last week’s shipment level. By market:  

• MMi Daily Iron Ore Report (January 6)

  Dalian iron ore futures traded with a firm bias during today’s daytime session. Prices experienced a rapid surge in the afternoon before retracing slightly from their highs.

• The commissioning of mines was delayed, coupled with strikes disturbing the market, and the most-traded BC copper contract surged by 4.4%. [SMM BC Copper Review]