Shanghai nonferrous metals closed all in the negative territory as the US dollar index pulled back amid unresolved US debt issue, and the news of the fourth batch of national reserves to be released have also pressured the market.
According to data tracked by SMM, 90 ships arrived at domestic main ports during September 20-26. Arrivals of cargoes are estimated to stand at 13.47 million mt, up 4.54 million mt from the previous session, and up 2.41 million mt year on year.
SMM has conducted a survey on the impact of the power rationing on the manganese industry. Let’s see what impact the policy has on the entire industry chain.
SMM has conducted a survey on the impact of the power rationing on the copper industry chain. And found that the power rationing has led to broad-based closures across downstream producers.
How Power Rationign Is Impacting the Production of Aluminium across China?
SMM has more than 50 professional industry analysts in copper, aluminum, lead, zinc, nickel, tin and minor metals, and are committed to providing in-depth, professional, as well as timely reports and research.
Besides, over 80 steel professionals engaged in China's steel industry. They have been working on the weekly report China Steel Briefing, the monthly report China Steel PMI-Monthly, a survey of steel downstream.