Concerns about the extent of the COVID-19 in China supported the US dollar and the safe-haven yen
Vital Materials emerged as biggest buyer of Fanya minor metal stocks
Vital Materials, one of the biggest minor metals producer in the world, was the mystery buyer of several batches of minor metals stocks previously held by the now-defunct Fanya Metal Exchange
Most of Chinese lead and zinc miners, smelters and consumers reported positive profit growth for 2019, according to annual results released so far
Lead added 1.6% to lead the gains, zinc rose 0.6%, copper climbed 0.5%, tin edged up 0.02%, while aluminium dipped 0.1% and nickel dropped 1%
SMM Hot News-China Metal Special Report 4: Impact of COVID-19 on China metals market
COVID-19 impact further delayed resumption of cobalt and lithium industry chain
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.
