Hot News

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  The industry's off-season, coupled with rising copper prices, has led to a continuous decline in the operating rate. [SMM Weekly Review of Enamelled Wire Market]

  The latest data from SMM shows that the operating rate of enamelled wire industry machinery this week dropped sharply by 2.07 percentage points WoW, to ...

• Production declines, antimony prices remain firm [SMM Weekly Review of Spot Antimony Market]

• [SMM Rare Earth Morning Meeting Summary] Rare earth oxide prices rise, market holds a wait-and-see attitude

  [SMM Rare Earth Morning Meeting Summary: Rare Earth Oxide Prices Increase, Market Sentiment Leans Towards Wait-and-See] Yesterday, the inquiry activity in the rare earth market improved. Driven by the procurement of major manufacturers and news-related factors, suppliers raised their quotes for medium-heavy rare earths, and low-priced supplies quickly tightened. However, the prices of Pr-Nd remained relatively stable.

• Magnesium ingot market consolidates at a low level, and the effectiveness of capacity expansion remains to be seen [SMM Magnesium Morning Meeting Summary]

  [SMM Magnesium Morning Meeting Summary: Magnesium Ingot Market Consolidates at Low Levels, Effect of Capacity Expansion Yet to Be Seen] SMM reported on July 4 that magnesium product prices remained stable overall today. Fugu magnesium ingot was quoted at 16,100-16,200 yuan/mt, with FOB prices at 2,220-2,300 US dollars/mt; the mainstream tax-included ex-factory price of magnesium alloy was 17,700-17,900 yuan/mt, with FOB prices at 2,480-2,510 US dollars/mt; the tax-included ex-factory price of magnesium powder was 17,400-17,600 yuan/mt, with FOB prices at 2,370-2,450 US dollars/mt. In the raw material market, dolomite was quoted at 78-128 yuan/mt, and ferrosilicon at 5,600-5,700 yuan/mt.

• 【SMM Analysis】Sodium-ion Battery Industry Accelerates Forward in June, with Layout and Breakthroughs Interweaving to Create a New Industry Landscape

  Amidst the surging tide of global energy transformation, sodium-ion batteries (sodium-ion batteries), with their unique advantages such as abundant resource reserves, low cost, and excellent low-temperature performance, are gradually emerging as a shining new star in the new energy sector.