Top Stories

    SMM Notice of 2016 Chinese New Year Holiday

    (February 6, 1:13) As the 2016 Chinese New Year Holiday falls on 7-13 Feb., there will be no update on SMM's ...

    LME Copper to Rise Next Week, with SHFE Market Closed

    (February 5, 13:26) LME copper is expected to break through $4,700 per tonne next week, hovering between $4,55...

    LME Aluminum to Sustain Gains during Chinese Holiday

    (February 5, 11:02) LME aluminum are poised for more gains during the 2016 Chinese New Year holiday, SMM expe...

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    Slab Finished steel Crude steel

    • EU pushes China to cut back steel sector
    • The EU's top trade official has called on Beijing to cut overcapacity in its steel industry, promising new measures to support European mills threatened by a flood of Chinese imports.
    • Feb 5 2016

    Rare earth

    • How to Invest in Rare Earths? Should You Even Try?
    • David S. Abraham runs the Technology, Rare and Electronics Materials Center and is author of “The Elements of Power: Gadgets, Guns And the Struggle for a Sustainable Future in the Rare Metal Age.”
    • Dec 21 2015

    Scrap and secondary copper Scrap and secondary aluminum Secondary lead & zinc

    Ferroalloy Iron ore Coke Scrap steel Pig iron

    • World pig iron output dropped slightly in Dec
    • The global pig iron production has declined marginally by 1.10% over the previous month in December '15. This is in accordance with the latest statistics released by the World Steel Association.
    • Feb 5 2016

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    Metal prices

    (Unit:RMB/mt)

    Product Price Average Change Date
    Copper 35980-35840 35910 710 Feb 04
    YangShan Copper Premium 105-90 (USD/mt) 97.5 -2.5 Feb 04
    Aluminum 10650-10610 10630 110 Feb 04
    Lead 14050-13950 14000 100 Feb 04
    Zinc 13730-13630 13680 520 Feb 04
    Tin 105000-103000 104000 0 Feb 04
    Nickel 68700-67900 68300 1200 Feb 04

    Base MetalsSemisAlloysPowdersPrecious MetalsMinor MetalsMetal CompoundsRare Earth MetalsSMMI

    SMM Index (Unit:RMB/mt) Feb 05 , 2016

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