[SMM Hot Topic] Weak Domestic Demand + Export Diversion Cool the “North-to-South Steel Flow”

LME Lead Rebounded Strongly After Hitting Bottom; SHFE Lead Opened Higher With a Gap, Came Under Pressure, and Pulled Back [SMM Lead Morning Brief]

SHFE Aluminum Edged Up After Halting Its Decline, Spot Aluminum Stabilized and Improved [SMM South China Spot Aluminum Daily Review]

Demand Improved, Iron Ore Prices Rose Slightly [SMM Brief Review]

Silver Prices Fluctuated and Stabilized, While Downstream Consumption Showed Slight Improvement [SMM Daily Review]