- Futures
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MMi Daily Iron Ore Report (September 16)
Iron ore futures held up well today, with the most-traded contract I2601 closing at 803.5, up 0.82% WoW. Traders showed moderate enthusiasm in selling, while steel mills mainly purchased as needed. The market trading atmosphere was moderate.
SMM EAF Operating Rate: Multiple EAF Mills Reduced Operating Hours, WoW Operating Rate Down 1.22%
As of September 16, the operating rate of 50 EAF steel mills mainly producing construction materials nationwide was 38.5%, down 1.22% from the previous period; the capacity utilization rate was 39.03%, down 1.79% from the previous period; the daily average production of construction materials was 86,900 mt, down 4,000 mt from the previous period.
[SMM Chrome Daily Review: Ferrochrome Market Remained Strong and Stable, Chrome Ore Inquiry Atmosphere Mediocre] September 16, 2025: The ex-factory price of high-carbon ferrochrome in Inner Mongolia today was 8,450-8,550 yuan/mt (50% metal content), flat MoM from the previous trading day...
US Joint Venture Formed to Advance 4 GW Renewable Energy Projects
Elmya Energy and Atlantica Sustainable Infrastructure have established a joint venture named Elmantic, focused on developing 4 gigawatts of large-scale renewable energy projects across the United States.
