Hot News

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  Latest Drilling Progress at the Kadaguinea Gold Mine in Guinea

• [SMM Hot-Rolled Arrivals] Arrivals in South and East China Both Increased This Week  

  SMM Steel, December 9 – According to SMM statistics, estimated total shipments to mainstream markets this week were 186,300 mt, down 7.73% WoW from last week’s shipment level. By market:  

• MMi Daily Iron Ore Report (January 6)

  Dalian iron ore futures traded with a firm bias during today’s daytime session. Prices experienced a rapid surge in the afternoon before retracing slightly from their highs.

• The commissioning of mines was delayed, coupled with strikes disturbing the market, and the most-traded BC copper contract surged by 4.4%. [SMM BC Copper Review]

• [SMM Chromium Daily Review] Sentiment to hold prices firm is evident, market expectations are positive.

  [SMM Chrome Daily Review: Firming Sentiment Stands Out, Market Expectations Favorable] January 6, 2026: The ex-factory price of high-carbon ferrochrome in Inner Mongolia today was 8,100-8,200 yuan/mt (50% metal content), up 50 yuan/mt (50% metal content) MoM from the previous trading day.