Hot News

• 

  The US Department of Commerce has begun issuing licenses for Nvidia's H20 chips. SHFE tin prices maintained a fluctuating trend [SMM Tin Morning News]

  The US Department of Commerce began issuing licenses for Nvidia's H20 chips. SHFE tin prices maintained a fluctuating trend [SMM Tin Morning News]. Macro: (1) After Nvidia's CEO Jensen Huang met with Trump at the White House, the US Department of Commerce began issuing licenses for Nvidia's H20 chips. In the weeks prior, the US Department of Commerce had delayed issuing this license to Nvidia. (2) In July this year, the US Congress passed the so-called "Big and Beautiful" bill, strongly promoted by President Trump. The bill stipulates that the US government will no longer provide tax credits for EVs starting from September 30 this year. According to a report by CNBC on the 9th, US consumers are rushing to buy EVs to take advantage of the $7,500 tax credit before the deadline. Data shows that EV sales accounted for 9.1% of total passenger vehicle sales in July, a record high. Additionally, used EV sales in the US in July also approached 36,700 units, setting a new monthly record. The company expects that Q3 may see a record in EV sales. However, in Q4 this year, US EV sales may "plummet.

• In July, secondary copper rod plants still failed to reverse losses, and the operating rate pulled back as scheduled.

  The operating rate of secondary copper rod in July was 30.9%, higher than the expected 29.4%, down 2.71% MoM and 5.17% YoY. The secondary copper rod industry was deeply trapped in a multiple dilemma of "supply tightening - weak demand - policy disruptions" in July.

• National Bureau of Statistics: CPI rose 0.4% MoM in July, PPI decline narrowed MoM, and the supply-demand relationship in some industries improved

• Hesai Technology teams up with ROBOTERA to explore collaborative perception technologies for robots

  Centered on collaborative perception technologies for intelligent service robots, the two companies aim to explore new scenarios, applications, and user experiences in the service robotics sector to m...

• Zinc/Lead Market Weekly Updates - 2025/8/8

  The SMM Imported Zinc Concentrate Index for this week is $82.25/dmt, with a 4.44% WoW increase. The SMM Imported Lead Concentrate average spot TC for this week is $-60/dmt, unchanged WoW.