Latest Update in the SMM Iron Ore Index Market

The Lithium Carbonte Spot Prices remain relatively stable on March 26th

【SMM SiMn Futures Review: Futures Market Fluctuates Rangebound, All Parties Adopt a Wait-and-See Attitude】The SM2505 contract opened at 6,120 yuan/mt, fluctuated rangebound in the morning session, and finally closed at 6,146 yuan/mt, up 0.26%. The daily high was 6,180 yuan/mt, and the low was 6,116 yuan/mt. The trading volume was 184,892 lots, and the open interest was 409,697. On the raw material side, miners' quotations remained firm, and ore prices remained stable for the time being. On the spot side, SiMn alloy producers showed weak willingness to sell at low prices, mostly holding back from selling. Downstream steel mills showed weak demand for SiMn alloy, and there were no positive factors in the SiMn alloy market.

SMM Flash: Humanoid Robot Sales Surge Boosts Rare Earth Permanent Magnet Concept, Myanmar Mine Clearance Imminent, Spot Rare Earth Under Pressure. According to CCTV Finance, humanoid robot producers are overwhelmed with orders, overseas tech bloggers are enamored with domestic robots, and the anticipated demand for humanoid robots is driving the rare earth permanent magnet concept higher. Additionally, the expected continuous growth in demand for rare earth permanent magnet materials from downstream industries such as NEVs, along with sector valuation recovery, led to a rise in the rare earth permanent magnet concept on March 26. By the close of the 26th, the rare earth permanent magnet concept index rose by 1.89%, with stocks like Yujing Technology, Huahong Technology, and Tianhe Magnetic Materials hitting the limit up.

SMM Titanium Spot Market Update: Supply and Demand Deadlock, Titanium Concentrate Prices Remained Stable Today. SMM reported on March 4: Today, the 46 titanium ore was quoted at 2,050-2,150 yuan/mt, unchanged from yesterday...

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 26 Mar, 2025

【SMM Guiyang Building Materials Weekly Inventory】As of March 26, the total inventory of building materials in Guiyang this week was 63,100 mt, down 11,700 mt WoW, a decrease of 15.64% WoW.