Top Stories

    Base Metals to Feel Pressures This Week, SMM Says

    (July 25, 2:23) Base metal prices on the SHFE are expected to come under pressures this week, Shanghai Met...

    Copper Price to Remain Range-Bound Next Week, SMM Says

    (July 22, 11:12) LME copper is expected to experience corrections next week, pointing toward $5,000 per ton...

    Market Fundamentals to Support Higher Nickel Prices, SMM Says

    (July 22, 10:29) Last week, LME nickel showed upward movements and hit the year’s high of $10,900 per ton...

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    • Global crude steel production up in H1 2016
    • Chinese crude steel production for June 2016 was 69.5 million tons, an increase of 1.7% compared to June 2015, as per the latest figures from the World Steel Association (worldsteel).
    • Jul 22 2016

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    Metal prices

    (Unit:RMB/mt)

    Product Price Average Change Date
    Copper 38470-38370 38420 190 Jul 21
    YangShan Copper Premium 50-40
    (USD/mt)
    45 0 Jul 21
    Aluminum 12590-12550 12570 80 Jul 21
    Lead 13050-12950 13000 25 Jul 21
    Zinc 17190-17090 17140 50 Jul 21
    Tin 118500-117000 117750 500 Jul 21
    Nickel 81200-80400 80800 650 Jul 21

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    SMM Index (Unit:RMB/mt) Jul 22 , 2016

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