The latest SMM survey showed that transportation in China has recovered to 60-90% of normal levels, except for Hubei province, the epicentre of the COVID-19 outbreak. However, the actual transport...
The SMM Webinar Series continues in March, every Wednesdays 5pm CST. Our analysts will discuss the resumption and recovery of the metals supply chain, as China recovers progressively from COVID-19.
Most of major galvanising plants in China have reopened this week, and the operating rates increased sharply from last week.
A volatile DCE iron ore futures market and falling physical iron port stock prices today. PBF in market fell by about 15 yuan/mtand 5-10 yuan/mt in Shandong.
On the SHFE, nickel plunged 1.5% to lead the losses, tin and copper fell more than 0.5%, zinc shed 0.4%, and aluminium dipped less than 0.1%. Lead gained more than 0.1%.
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.