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  • [SMM Coal and Coke Daily Briefing] 20251104

    [SMM Coal and Coke Daily Briefing] 20251104

    [SMM Coal and Coke Daily Briefing] In terms of news, most steel mills have accepted the third round of coke price increases, which is expected to take effect at midnight on November 5. Supply side, coke producers are experiencing smooth shipments, with low inventory levels at plants. Due to rising costs, coke producers have limited willingness to increase production, making it difficult to boost coke supply. Demand side, hot metal production from steel mill blast furnaces has not declined significantly, and some mills are seeing reduced coke inventories, leading to strong restocking demand for coke. Overall, the coke market fundamentals remain tight, coupled with strong cost support. In the short term, the coke market is expected to hold up well, and the third round of price increases is set to be implemented.

  • Global Connect of Overseas Chinese Automotive Engineers 2025 Successfully Concludes

    The conference attracted experts, scholars, and industry representatives from around the world to participate and exchange insights on the future of the automotive industry.

  • Steel Mill Profits "Critical," Impact from Maintenance on Construction Steel May "Expand"

    According to the SMM survey, the impact from maintenance on construction steel saw a slight decrease during the current period (11.1-11.7), mainly due to production resumptions at the construction steel rolling lines of multiple steel mills in east China last week. The impact from maintenance on construction steel during this period reached 1.2428 million mt, down 40,500 mt WoW.

  • SAIC Motor posts 12.96% YoY growth in Oct. 2025 vehicle sales, NEV sales hit record high

    SAIC Motor reported robust sales for October 2025, with total vehicle wholesales reaching 453,978 units, up 12.96% year-on-year.

  • 【SMM Analysis】Sodium-Ion Battery Industry Chain October Observation: Cathode Under Short-Term Pressure, Hard Carbon Cost Challenges Await Resolution

    In October, the sodium-ion battery industry chain entered a phase of adjustment, presenting a complex picture of "weakening material segment MoM and steady progress in the battery cell segment." Cathode materials faced short-term pressure due to inventory digestion and system compatibility issues, declining significantly MoM. While hard carbon anodes maintained strong YoY growth, they were constrained by three major bottlenecks: cost, performance, and scalability. The electrolyte market remained relatively stable, with minor fluctuations not altering the long-term collaborative trend.

Exchange Rate
  • USD / CNY Nov.04
    7.1435 (+0.0018 | +0.0300%)
  • EUR / CNY Nov.04
    8.2269 (-0.0086 | -0.1100%)
  • GBP / CNY Nov.04
    9.3864 (+0.0013 | +0.0100%)
  • HKD / CNY Nov.04
    0.9184 (+0.0001 | +0.0100%)
  • 100JPY / CNY Nov.04
    4.6316 (-0.0011 | -0.0200%)
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