[NPI Daily Review] High-Grade NPI May Still Have Downside Room Under the Dual Pressure of End-User Demand and Steel Scrap

Freeport CEO Said Copper Demand Will Remain Resilient, with Both LME Copper and SHFE Copper Surging Overnight [SMM Copper Morning Meeting Summary]

What Could Change if Middle East Aluminum Trade Reroutes—and Supply Becomes Substitutable

[SMM Analysis] March Pr-Nd Drop Likely Due to Weak Demand Outlook: 2026 Demand Model (Part 2)

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