[SMM Steel Shipping] China's total exports rose by 4% last week
SMM statistics showed that steel shipments at Chinese ports were 7.2601 million mt last week, up 853,000 mt or 13% WoW.
SMM Steel Mills Weekly Maintenance Statistics
SMM estimates that 1.3359 million mt of pig iron output will be lost from blast furnace maintenance during Apr 27-May 3, down 130,300 mt on a weekly basis.
Alupro voices disappointment over delay in DRS by the US Government
Last week, on April 25th, the UK government made a significant announcement regarding the Deposit Return Scheme (DRS) for drinks containers.
SMM Lead Market Morning Comment (Apr 30)
Overnight, LME lead opened at $2,205/mt. Affected by bauxite supply shortage and high ingots inventory, during the Asian trading session, LME lead prices fell to $2200/mt.
SMM Morning Comment For SHFE Base Metals On Apr 30
Overnight, LME copper opened at $10,029.5/mt, with its low and high at $10,020/mt and $10,185/mt before closing at $10,162/mt, up 2.03%.