【Indonesia PMMI Blast Furnace to Ignite End-March; May Slab Trial Orders Open】 SMM March 20th: Permai (PMMI), a joint venture restructured by Indonesia Tsingshan Iron & Steel and Guangxi Guixin Iron & Steel Group, will launch its new blast furnace at the end of March. Based in Tsingshan Industrial Park, Morowali, Central Sulawesi, the project upgrades the original 580m³ NPI blast furnace to a 1216m³ carbon steel blast furnace with LF refining, boasting an annual capacity of 1.8 million tonnes. It focuses on high-grade special steel smelting and production of continuous cast slab and billet. Product Specifications & Order Info Thickness: 210/230mm Width: 1000-1650mm Length: 6000-11700mm Loading Port: Bahodopi, Morowali Trial orders for May shipment slab are accepted.
Mar 20, 2026 15:17According to SMM, supported by the pullback in copper prices, industry orders for enamelled wire improved, with the overall pace aligning with peak-season expectations. End-use demand recovered across the board, home appliance orders maintained peak-season performance, demand for power transformers remained steady, demand in the new energy sector gradually improved, and orders in traditional segments such as industrial motors and power tools also performed well. Against expectations of high production schedules among enterprises, the industry's operating rate is expected to continue rebounding to above 90%.
Mar 20, 2026 10:07This week (March 13–19), driven by a pullback in the center of copper prices, downstream procurement enthusiasm increased significantly, enamelled wire orders were released intensively, rebounding 24.97 percentage points WoW, while the industry's operating rate also rose by 3.8 percentage points to 88.93%.
Mar 20, 2026 09:59This Week (March 13–March 19), the Operating Rate of Machinery in the Enamelled Wire Industry Rebounded 3.8 Percentage Points WoW to.....
Mar 20, 2026 09:52[Market Participants Became More Rational in Sentiment, and Grain-Oriented Silicon Steel Prices May Fluctuate Rangebound Next Week] In terms of transactions, the procurement pace of end-use industries such as downstream transformers and power equipment slowed down, and purchase willingness remained cautious, with procurement mainly consisting of small-volume, as-needed restocking orders, while large-volume purchasing activity was scarce, resulting in relatively low actual market trading activity. In addition, resources from steel mills’ earlier directed orders arrived successively, and traders’ circulating inventory accumulated steadily. Some merchants offered slight price concessions to accelerate turnover and boost shipments, but the overall room for concessions remained limited and failed to effectively lift transactions.
Mar 20, 2026 13:38[SMM Brass Bar Flash] Affected by the sharp correction in copper prices, some terminal clients saw intensified wait-and-see sentiment, and the pace of order placement slowed somewhat, causing certain disruptions to new orders for brass billet. Overall, however, most large and medium-sized enterprises currently had sufficient orders on hand and were stepping up production to rush deliveries, driving the operating rate of the brass billet industry up 2.18 percentage points WoW to 54.13% this week (3.13-3.19).
Mar 20, 2026 11:34SMM launches the "SMM China Titanium Dioxide Price Index" to provide a transparent pricing reference and reflect market trends, effective from March 20, 2026.
PriceMar 19, 2026 11:59Dear Users: Hello! To better leverage the role of spot prices in the manganese industry as a benchmark and assist the market in optimizing its order signing mechanism, SMM, after a period of accumulation and market surveys, intends to advance the release time of spot prices for EMM (Guangxi), EMM (Hunan), EMM (Guizhou), EMM (bagged, Shanghai), EMM (barreled, Shanghai), EMM (main producing areas), EMM (Tianjin Port), EMM (Huangpu Port), and EMM FOB prices to 10:30 AM each working day, starting from August 5, 2025. This announcement is hereby made. Manganese Research Team, SMM August 4, 2025
PriceAug 4, 2025 16:57Dear User, In order to enhance the accuracy and reference value of our data services, and based on comprehensive research and evaluation, SMM has decided to optimize and adjust the historical data related to ternary precursors. This adjustment involves the removal of certain redundant capacity data, with corresponding data points being updated accordingly. The specific scope of the adjustment is as follows: The aforementioned data updates will officially take effect on December 10, 2025 . Should you have any questions regarding this adjustment or require further clarification, please feel free to contact us at any time: Thomas Feng, Senior Research Manager, Nickel Industry Research Department (Phone: 021-51666714, Email: fengdisheng@smm.cn) Yizhou Wang, Ternary Precursor & Ternary Cathode Analyst, Nickel Industry Research Department (Phone: 021-51595909, Email: wangyizhou@smm.cn). Thank you for your continued attention and support for SMM. Nickel Industry Research Department Shanghai Metals Market December 1, 2025
DataDec 1, 2025 17:45