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  Gasgoo Daily: Beijing Hyundai teams up with CATL to build Chinese-spec BEV models

  With Gasgoo Daily, we will offer daily important automotive news in China.

• The U.S. dollar fell, metal fell, industrial silicon, Shanghai tin fell more than 1%, alumina rose 1.37% [SMM Afternoon Review]

  Metals market: As of midday close, the base metals in the domestic market were generally lower. Shanghai lead and Shanghai zinc rose slightly, and the increase was within 0.5%. Shanghai copper, Shanghai aluminum, and Shanghai nickel all fell, and the decline was within 0.6% (inclusive).

• Stainless steel disk shocks and rises

  Stainless steel disk shocks and rises, spot follows up, steel mills lock in the transaction price of forward raw material ferronickel continues to reach a new high [Nickel Pig Iron Daily Review] [SMM Daily Comment: Stainless Steel Disk Shocks Rise, Spot Rises, Steel Mills Lock Forward Raw Material Ferronickel Transaction Price Continues to Reach New High] On April 22, the average price of SMM8-12% high nickel pig iron was 951.5 yuan/nickel point (ex-factory tax included), up 4 yuan/nickel point from the previous working day...

• upstream was more willing to raise the price, and the price of ferronickel rose

  Towards the end of the month, the forward raw material demand of stainless steel plants was released, and the  [Nickel Pig Iron Daily Review] [SMM Daily Review: Towards the end of the month, the forward raw material demand of stainless steel plants was released, and the upstream was more willing to raise the price, and the price of ferronickel transaction prices rose] On April 23, the average price of SMM8-12% high nickel pig iron was 956 yuan/nickel point (ex-factory tax included), up 4.5 yuan/nickel point from the previous working day...

• Stainless steel market sentiment fell ferronickel upstream and downstream game prices temporarily stabilized

  [Nickel pig iron daily review] [SMM daily comment: stainless steel market sentiment fell ferronickel upstream and downstream game prices temporarily stabilized] On April 24, the average price of SMM8-12% high nickel pig iron was 956 yuan / nickel point (ex-factory tax included), which was flat compared with the previous working day...