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  Stainless Steel Slightly Fluctuated Upward, Weak Demand and Flat Transactions [SMM Stainless Steel Spot Daily Review]

  SMM Stainless Steel Spot Daily Review: Stainless Steel Fluctuates Slightly Upward, Weak Demand and Flat Transactions. On April 1, the spot price of stainless steel in the market rose, with active inquiries but flat transactions. Downstream players showed strong wait-and-see sentiment, optimizing raw material inventory digestion and low restocking enthusiasm. On the futures side, the most-traded contract 2505 fluctuated upward, with SS2505 quoted at 13,505 yuan/mt at 10:30 AM, up 60 yuan/mt. In the Wuxi region, the spot premiums and discounts for 304/2B were in the range of 265-565 yuan/mt.

• 【SMM Data】LiPF6 Production Increased MoM in March 2025, Output Expected to Continue Rising Next Month

  【SMM Data: LiPF6 Production in March】LiPF6 production increased 13% MoM in March 2025, and is expected to rise 1% in April.

• Copper Prices Rebounded, Suppliers Maintained Normal Shipments [SMM Secondary Copper Daily Review]

• 【SMM Data】Electrolyte Production Increased MoM in March 2025, Output Expected to Continue Rising Next Month

  【SMM Data: Electrolyte Production in March】Electrolyte production in March 2025 increased by 14% MoM, and is expected to rise by 3% in April.

• Tariff Issues Loom, Nonferrous Metals Hold Steady [Institutional Commentary]