Latest Update in the SMM Silicon Steel Market

SMM Titanium Spot Market Update: Weak Demand Keeps Titanium Dioxide Prices Stable Today. SMM reported on March 7 that the titanium dioxide market remained stable recently. Currently, the price of sulphuric acid process rutile titanium dioxide is quoted at 14,200-15,000 yuan/mt, while the price of anatase titanium dioxide is quoted at 12,800-13,500 yuan/mt, basically flat compared to the previous working day.

utonomous driving company iMotion has officially established a wholly-owned subsidiary, iMotion Robot (Suzhou) Co., Ltd., marking its expansion into the robotics sector.

【SMM Flash: Humanoid Robot Sales Surge Boosts Rare Earth Permanent Magnet Concept, Myanmar Mine Customs Clearance Imminent, Rare Earth Spot Prices Under Pressure】 According to CCTV Finance, humanoid robot producers are overwhelmed with orders, overseas tech bloggers are enamored with domestic robots, and the demand for humanoid robots is expected to drive the rare earth permanent magnet concept. Additionally, the sustained 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. As of the close on the 26th, the rare earth permanent magnet concept index rose by 1.89%, with Yujing Technology, Huahong Technology, and Tianhe Magnetic Materials hitting the limit up.

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.