SMM Price is spot price for nonferrous metals and steel products, with a group of 391 categories, including base metals, minor metals, precious metals, rare earth, metallic compounds, powders, alloys, secondary metals, and other copper related products.
SMM conducts price surveys on mining companies, smelters, traders, and processers downstream, and develops SMM prices according to these surveys and SHFE price data.
The prices are confirmed by both buyers and sellers, and verified by neutral third party of credibility. In this way, SMM provides market-based guide prices and assessed prices for China’s metals markets.
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