According to SMM data, domestic bauxite production in February 2024 (29 days) totaled 4.0183 million tons, a month-on-month decrease of 16.19% and a year-on-year decrease of 20.27%.
During the survey period (March 12-March 18), the output of wire rod increased while that of rebar declined, and the total inventory of building materials continued to decline.
Data: SHFE, DCE market movement (Mar 19)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Mar 19, 2024
NIO announced on March 19 that its first expressway-dedicated station that integrates photovoltaic and energy storage with electric vehicle (EV) charging and discharge has already gone into operation.
IM Motors introduces VMC Smart Digital Chassis
On March 18, IM Motors, the premium electric vehicle brand co-backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, announced the introduction of a pioneering technology in the automotive ind...