Latest Update in the SMM Iron Ore Index Market

For the first 11 months of 2023, BYD sold a total of 2,683,374 vehicles, representing a 64.29% year-on-year surge.

Li Auto Inc., one of Chinese main new energy vehicle makers, today announced that the company delivered 41,030 vehicles in November 2023, reflecting a spike of 172.9% year over year.

As of December 1, iron ore inventories across 35 ports tracked by SMM totalled 112.08 million mt, up 1.59 million mt WoW but down 18.37 million mt YoY.

Due to recent aluminium price drops, some downstream extrusion factories have been stocking up at year-end lows, and their operating rates rose.

NIO delivered 15,959 vehicles in November 2023, reflecting a 12.6% year-over-year increase, the Chinese new energy vehicle (NEV) maker announced today.

According to SMM, as of November 30, 2023, China's domestic aluminum ingot inventory was 598,000 mt, down 20,000 mt from November 27 and 46,000 mt WoW, but up 98,000 mt YoY.

Chinese new energy vehicle ma manufacturer XPeng delivered 20,041 vehicles in November 2023, representing a 245% year-on-year surge and also marking the second straight month exceeding 20,000 units in...

DCE iron ore futures rose today, the main contract I2401 closed 975.5. an increase of 1.99% throughout the day. Traders ship according to market conditions.