Shanghai Metals Market

[SMM Analysis] Valterra Platinum 2010 To 2025: How Processing Shocks and Price Cycles Reshaped the Business

Valterra Platinum’s 2010–2025 record shows how plant interruptions, inventory backlogs and changing reporting rules shaped refined output across South Africa and Zimbabwe. Platinum, palladium ...
Shanghai Metals Market

Valterra Platinum 2010 To 2025: How Processing Shocks and Price Cycles Reshaped the Business

Valterra Platinum’s 2010–2025 record shows how plant interruptions, inventory backlogs and changing reporting rules shaped refined output across South Africa and Zimbabwe. Platinum, palladium ...
Shanghai Metals Market

[SMM Analysis] China’s Galvanized Sheet Exports Slump in August: What to Expect in September?

According to the latest customs data, China’s galvanized sheet exports totaled 982,700 tonnes in August 2026, down 10.66% MoM and 10.46% YoY. Total exports reached 8.7893 million tonnes ...
Shanghai Metals Market

African supply shrinks, China's copper anode imports pull back MoM in August 2026 [SMM Analysis]

According to data from the General Administration of Customs, China imported 64,500 mt of copper anode (HS code: 74020000) in August 2026, down 15.80% MoM but up 4.85% ...
Shanghai Metals Market

SHFE Releases Work Arrangements for the 2026 Mid-Autumn Festival and National Day Holidays

The Shanghai Futures Exchange (SHFE) has announced work arrangements for the 2026 Mid-Autumn Festival and National Day holidays, including market closures and adjustments to price limit ranges ...
Shanghai Metals Market

[SMM Coal Flash] ESDM Approves Bayan Resources’ 2026 RKAB Revision

Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has approved the 2026 RKAB revisions for PT Bayan Resources Tbk and its three subsidiaries, PT Tiwa Abadi, PT Tanur Jaya and PT ...
Shanghai Metals Market

[Zinc ingot inventory increased on Monday, SHFE zinc consolidated at highs [SMM Zinc Futures Briefing]]

Monday zinc ingot inventory recorded an increase, SHFE zinc consolidated at highs] The most-traded SHFE zinc 2611 contract opened at 26,750 yuan/mt. After the open, SHFE zinc briefly rose to ...
Shanghai Metals Market

SMM High-Grade NPI Sentiment Factor Decreases to 1.78 Amid Ongoing Market Tug-of-War

SMM Nickel Flash] On September 21, the SMM high-grade NPI market sentiment factor stood at 1.78, down 0.01 MoM. The upstream sentiment factor for high-grade NPI was 1.84, down 0.02 MoM, while ...
Shanghai Metals Market

Tug-of-war between sellers and buyers continues, magnesium prices in the doldrums today [SMM magnesium ingot spot express]

Supply-demand tug-of-war continues, magnesium prices in the doldrums today] Mainstream quotations from producers centered around 15,800 yuan/mt. Some enterprises proactively lowered their ...
Shanghai Metals Market

Magnesium Metal's Strategic Role Continues to Grow; Global Primary Magnesium Supply-Demand and Trade Patterns Undergo Restructuring [SMM International Analysis]

Strategic Attributes of Magnesium Metal Continue to Stand Out, Global Primary Magnesium Supply-Demand and Trade Landscape Restructuring Advances] The competitive ...
Shanghai Metals Market

[SMM Brief] PV module bidding capacity from 9.14-9.20 was 5,444.44 MW, with an average winning bid price of 0.73 yuan/W

From September 14, 2026 to September 20, 2026, SMM statistics show that enterprises in China won bids for a total of 53 PV module projects, with an average winning bid price of 0.73 yuan/W.
Shanghai Metals Market

[SMM Computing Power Daily] H100 long-term contract at 87,000, 910C first quoted at 66,000

H100 supply-side constraints shifted from pricing to resource availability—annual long-term leases in east China were quoted at 87,000 yuan per unit per month, reaching the ...