The global automotive industry is accelerating its low-carbon and intelligent transformation, with China's automotive industry advancing from scale advantages to dual leadership in technology and supply chain. In 2025, the penetration rate of new energy vehicles in China exceeded 50%, driving the upgrade of automotive materials such as aluminum, steel, and magnesium, with demand for lightweight new materials surging. Coupled with the implementation of the EU carbon border tax, low-carbon transformation of the industry chain is imminent. Coinciding with the beginning of the 15th Five-Year Plan and the deepening phase of the dual carbon goals, the industry urgently needs a professional platform to address material technology challenges. Against this backdrop,will be held on September 10-11, 2026 in Shanghai . SMM together with exclusive drinking water title sponsorship partner - Anhui Xiongchuang Aluminum Alloy New Material Co., Ltd. sincerely invites industry peers to attend the conference, promoting the in-depth evolution of the automotive supply chain toward green, lightweight, intelligent, and global development. Clickto attend. We look forward to meeting you at the conference. Anhui Xiongchuang Aluminum Alloy New Material Co., Ltd. was established in October 2018 with a registered capital of 100 million yuan. Located at No. 12 Yanghuai Road, Economic Development Zone, Suixi County, Huaibei City, Anhui province, it is a private new-type aluminum alloy material enterprise integrating R&D, production, and sales. The company occupies a total land area of 63,603 m², approximately 95.5 mu. The planned total construction area is 32,000 m², with supporting public auxiliary engineering. The total project investment is approximately 150 million yuan, of which construction investment is 95 million yuan. The overall designed capacity is 150,000 mt per year. The main products include various grades of high-quality cast aluminum alloy ingots, aluminum alloy liquid, and secondary aluminum alloy bars, primarily used in automotive, new energy, and other fields . The main production equipment adopts China's advanced high-efficiency and energy-saving automatic melting furnaces, achieving high efficiency, energy conservation, reduced slag formation, and improved aluminum liquid purity. The production equipment, technical level, and economic indicators have reached the advanced level of similar domestic production processes. The company is dedicated to the research and manufacturing of aluminum as a substitute for steel and aluminum as an substitute for copper, promoting the lightweight development of automotive, rail transit, and aerospace components, achieving energy conservation and emission reduction, and protecting the global environment. For every mt of secondary aluminum we recycle, we can reduce ore mining by 11 mt, reduce carbon dioxide emissions by 0.8 mt, reduce sulfur dioxide emissions by 0.6 mt, reduce solid scrap by 20 mt, save 22 m³ of water, and save 14,000 kWh of electricity. Soaring forward with bold strides, breaking through with innovation! Xiongchuang Aluminum Alloy builds its backbone with integrity and forges brilliance with service! In the future, we will fully leverage our industrial advantages, integrate resources from all parties, target market development trends, and create greater value for our clients. Contact Information Mr. Liu 181 0561 3888 Mr. Yang 151 3040 8133 SMM Conference Contact Lv Junlei 176 1601 9596 lvjunlei@smm.cn
Jun 30, 2026 15:21[SMM Weekly Maintenance Statistics] According to SMM statistics, this week (June 6 to June 12), the volume of hot metal impacted by blast furnace maintenance was...
Jun 9, 2026 14:00[SMM Analysis] Steel billet sees notable YoY increase, while UAE’s decline hits a new low By product: Steel billet’s increase remains impressive, mainly because previous geopolitical conflicts caused periodic logistical bottlenecks and surging insurance premiums in major billet and slab production areas at some local Middle East EAF mills and BF-based plants. Overseas billet supply faced a vacuum period, directly pushing global buyers to launch massive inquiries with China. Purchasing sentiment strengthened notably in Southeast Asia in particular. According to SMM’s order-taking survey, exports are expected to stay high in the short term. It is also worth noting that Vietnam’s anti-dumping duties on China’s HRC will be implemented on April 17. As a result, total HRC exports to Vietnam in April increased compared with March, driven by a final rush to front-load shipments before the deadline. Exports are expected to pull back again in May. Data Source: SMM, General Administration of Customs By country: Djibouti’s increase topped the list. Its product mix chart clearly shows that HRC (42%) and steel billet (30%) are the dominant products. As the “Gateway to East Africa” and a transshipment hub, Djibouti itself lacks large-scale consumption capacity. This surge is essentially because repeated Red Sea tensions caused large vessels to unload and transship directly in the Mediterranean or south of the Suez Canal, with Djibouti serving as a safe transit point serving East African inland infrastructure projects such as Ethiopia, or shipping onward via smaller vessels to North Africa. As a global shipping and trade settlement center, Singapore saw an increase of 290,000 mt, mainly due to centralized procurement and trade settlement by ASEAN and Chinese-invested construction projects in Singapore, which provided marginal support for China’s exports of bars, wire rods, and other infrastructure-related finished steel products. The UAE dropped 870,000 mt, and Saudi Arabia dropped 450,000 mt. This was primarily due to geopolitical uncertainties in the Middle East, compounded by excessive stockpiling by major Middle Eastern buyers earlier to avoid logistics risks, pushing the Middle East market into a defensive cycle of destocking and slower purchasing. Data Source: SMM, General Administration of Customs Outlook: SMM’s April orders remain at a high level, and May exports are still expected to see increases. According to SMM’s steel export order data, affected by holidays, steel export orders in April dipped slightly by 0.57% MoM from March. However, it is also learned that shipping to the Middle East is gradually recovering, and orders for slabs destined for Southeast Asia saw a significant increase in April. Taking all factors into consideration—with the new export orders index re-entering expansion territory, the export price advantage still significant, and export order performance excellent—SMM expects that China’s steel exports in May will still see growth, with steel billet continuing to play a dominant role. Data Source: SMM Copyright and Intellectual Property Statement: This report is independently created or compiled by SMM Information & Technology Co., Ltd. (hereinafter referred to as "SMM"), and SMM legally enjoys complete copyright and related intellectual property rights. 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Use all or part of this report in any form (including but not limited to reprinting, modifying, selling, transferring, displaying, translating, compiling, disseminating); 2. Disclose the content of this report to any third party; 3. License or authorize any third party to use the content of this report; 4. For any unauthorized use, SMM will legally pursue the legal responsibilities of the infringer, demanding that they bear legal responsibilities including but not limited to contractual breach liability, returning unjust enrichment, and compensating for direct and indirect economic losses. 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Jun 9, 2026 11:05![[SMM Analysis] Copper-related Policy Shifts Across the Americas - Chile and Peru](https://imgqn.smm.cn/production/admin/votes/imagesmRbdT20260609104420.png)
South America remains the cornerstone of global copper supply, with Chile and Peru collectively accounting for more than one-third of global mined copper production. As electrification, grid modernisation, renewable energy deployment and AI-driven infrastructure investment continue to reinforce long-term copper demand growth, policy developments across the region are becoming increasingly important determinants of future supply availability.
Jun 9, 2026 10:46Aurubis expects to complete the expansion of its Augusta, Georgia copper scrap recycling facility later in September 2026. The project is designed to increase processing capacity and support growing demand from data centers, grid infrastructure and automotive applications.
Jun 9, 2026 09:43Eldorado Gold announced that its McIlvenna Bay project in Saskatchewan, Canada, has produced its first copper concentrate, marking the start of commissioning and ramp-up activities. McIlvenna Bay is one of Canada's major new polymetallic mining projects, producing copper, zinc, gold and silver. The company said commissioning activities will continue as the operation progresses toward commercial production. This project will provide an additional source of copper concentrate supply as output ramps up.
Jun 9, 2026 09:43SMM will launch the price points for TOPCon module Rotterdam, Portugal and Greece in-warehouse, duty paid price for distributed and utility projects.
PriceMay 11, 2026 16:42LFP Prices
PriceMar 16, 2026 15:18To better serve industrial clients and more closely align with the market, SMM has added a weekly price for Vietnam 8mm copper cathode rod (CIF) processing fees, which will be officially launched on the SMM website (smm.cn) on December 19, 2025. 1. SMM 8mm Copper Cathode Rod Premium, CIF Vietnam, USD/tonne Methodology 1.1 SMM Price Assessment Methodology General Provisions Shanghai Metals Market (SMM) is a fully independent third-party service organization that does not participate in any actual transactions. Instead, it maintains close communication with buyers or sellers in the market as an observer or organizer and provides relevant services to the market. SMM continuously develops, reviews, and revises its methodology through communication with industry professionals, adopting the most common product specifications, trade terms, and trade conditions in the industry. Equal importance is given to normal transactions that meet the standard specifications. SMM reserves the right to exclude any price information deemed less reliable or unrepresentative from its price assessments. SMM publishes daily spot metal prices (or price indices, including those for the Chinese market, markets outside China, and global markets), commonly referred to as SMM prices. For each published SMM price, a corresponding methodology is established (all of which are available for reference on SMM’s official website, www.smm.cn). The methodology specifies the methods and procedures for generating and publishing SMM prices, and SMM strictly adheres to these guidelines when producing and releasing SMM prices. To align with the actual conditions of the spot market, SMM will make necessary revisions to the SMM price assessment methodology and announce these revisions on the official website www.smm.cn 28 days before their formal implementation. If you have any questions or suggestions regarding SMM prices or the methodology, please contact SMM customer service (contact information can be found on the official website www.smm.cn ). This document specifies the standards for formulating the weekly RC for 8mm Copper Cathode Rod Premium, CIF Vietnam, USD/tonne. The purpose of establishing this standard by SMM is to create a transparent and verifiable mechanism for SMM price formation. The SMM Benchmark Management Committee also regularly reviews the methodology and its assessment and publication processes. This committee oversees SMM’s methodology and compilation procedures, ensuring that the prices or indices accurately reflect the objective conditions of the physical spot market for the relevant commodities. If the committee identifies any issues, it will promptly highlight them and propose external consultation and revisions to the ongoing methodology or processes, thereby improving the quality of SMM’s published prices or indices. The committee may only propose modifications to the methodology and procedures used for future price or index assessments it cannot alter already published prices or indices. 2. Formation of Processing Fees for 8mm Copper Cathode Rod Premium, CIF Vietnam, USD/tonne. 2.1 Significance of the Price Assessment Against the backdrop of global economic integration, Vietnam is emerging as a significant driver of economic growth in Southeast Asia. On one hand, the accelerated investment in power infrastructure expansion, along with the increase in power transmission line and substation projects, has led to a surge in demand for copper rod as a core raw material. On the other hand, industrial upgrades are driving the rapid development of the electronics manufacturing sector, with numerous component and home appliance enterprises establishing operations, leading to a continuous expansion in demand for high-precision 8mm copper rod, and overall market demand is steadily rising. Under the Belt and Road cooperation framework, economic and trade ties between China and Vietnam are becoming increasingly close. Logistics channels such as cross-border railways and highways are continuously being optimized, making transportation more efficient. The implementation of policies such as tariff reductions further lowers trade costs and improves efficiency, laying a solid foundation for the expansion of the China-Vietnam copper rod trade scale. In light of this, SMM will officially launch the weekly price assessment for 8mm Copper Cathode Rod Premium, CIF Vietnam, USD/tonne starting December 19, 2025. SMM price members will be able to simultaneously access historical prices from that date. 2.2 SMM 8mm Copper Cathode Rod Premium, CIF Vietnam, USD/tonne Price Assessment Methodology 2.2.1 Product Specifications and Standards Product standards are BS EN 1997:2013 Copper and copper alloys. Copper drawing stock (wire rod)、ASTM B49-20 Standard Specification for Copper Rod for Electrical Purposes, product specifications are 8mm copper cathode rod (T1, T2), oxygen content greater than 20ppm. 2.2.2 Price Terms CIF Vietnam, Copper Cathode Rod Premium top on LME CSP, QP M+1(M stands for arrival month) 2.2.3 Payment Terms Cash, other terms normalized. Reference is made to major international payment methods (including D/P, D/A, T/T, etc.). If transactions significantly deviate from this standard, SMM will consider excluding individual samples based on trade volume. For deferred payments or letters of credit, SMM will adjust them according to the prevailing interest rate at the time to align with this standard. 2.2.4 Delivery Time Within 4 weeks. 2.2.5 Reference Transaction Volume Min 200 tones. 2.2.6 Delivery Location Main Ports of Vietnam 2.2.7 Price Release Time Every Friday at 11:30 AM Vietnam Time (except on Chinese statutory holidays and weekends). 2.2.8 Processing Fee Format Reported processing fees are provided as a range, indicating the lowest and highest prices. For example: 8mm Copper Cathode Rod Premium, CIF Vietnam, USD/tonne range $250-270/tonne, average: $260/tonne. 2.2.9 Price Collection Methodology SMM will, in accordance with the price collection confirmation agreement, have price analysts regularly collect price information from copper foil industry price contacts via phone, QQ, WeChat, fax, and email. This price information includes concluded transaction prices, the enterprise's expected most likely pending transaction prices, etc. All instant messaging content, email communications, and any records of face-to-face communications will be archived details of phone communications will be recorded and entered into the database. SMM analysts must comply with the Compliance System when reporting any forced or threatened communications from market participants, or any induced offers attempting to influence the assessment. Once published, SMM will not revise or adjust the price on the same day. 2.2.10 Standardization of Data Although SMM has standardized definitions for our prices, diversity exists in market transactions. The price of each transaction is influenced by numerous factors, including order size, brand of goods, delivery time, payment terms, etc. SMM will comprehensively consider market offers, bids, and transaction information, aligning them with our standards. Each price datum will be electronically recorded or accompanied by written records. All electronic and paper records must be archived by price collection personnel and retained long-term (at least 5 years) in secure network and physical environments. For details, please refer to the SMM Data Retention Policy. 2.2.11 Price Assessment Process The specific process is as follows: 2.3 Methodology Changes All markets change, and SMM has a responsibility to ensure that the methodology for market reports evolves with the market. Therefore, SMM will regularly conduct internal reviews of the methodology's appropriateness based on industry feedback. For all substantive but non-urgent potential modifications, SMM will follow a formal external consultation process. Major changes will then be announced with a notice period of at least 28 days, inviting industry comments, unless special circumstances, particularly force majeure (natural disasters, war, exchange bankruptcy, etc.), necessitate a shorter notice period. SMM is committed to carefully considering all comments on proposed methodology changes, but in some cases, it may be necessary to proceed with changes contrary to the wishes of some market participants. Additionally, SMM has a formal methodology consultation process. SMM commits to holding a formal consultation on the methodology every three years. The date of the last consultation and the deadline for the next consultation committed by SMM are located at the top of the methodology document. 2.4 Compliance with SMM Policies All relevant SMM employees must not only comply with the methodology published by SMM but also adhere to SMM's internal standards and policies. These include: SMM Conflict of Interest Policy, SMM Whistleblower Policy, SMM Error Correction Policy, SMM Methodology Review Consultation and Change Policy, SMM Complaints Policy, etc. Welcome more relevant enterprises in the industry chain to participate and support SMM in better serving related enterprises in the Copper Cathode Rod industry chain. For inquiries, please contact: Shanghai Metals Market Copper Research Team, Xinyang Wang Contact: 021-20707846, +86 15762822325
PriceDec 11, 2025 15:29