Price
News
- China's Aluminum Industry Faces Weak Demand and Cost Pressures, Operating Rates Decline
[SMM Cast Aluminum Alloy Morning Comment: China's Aluminum Industry Faces Weak Demand and Cost Pressures, Operating Rates Decline] This week, operating rates across sub-sectors of China's aluminum processing industry continued their overall weak trend.
May 7, 2026 19:02 - Tungsten Prices Stable in Europe, Scrap Prices Drop in India Amid Weak Demand
[SMM Tungsten Express] SMM May 7: APT CIF Rotterdam prices remained stable at $2,900-3,200/mtu this week, flat WoW. However, market pessimism was strong in the European market this week, with end-users mostly adopting a wait-and-see attitude. Despite no change in the tight supply landscape, there was virtually no substantial trading in the market this week, and buyers and sellers were in a stalemate. In the Indian market, FOB prices for scrap tungsten drill bits were quoted at $100-120/kg, with an average price of $110/kg, down $30 WoW. Market demand was weak, and panic sentiment among scrap dealers intensified, accelerating the price decline.
May 7, 2026 18:52 ![Weak Demand Tight Scrap Supply Deepen Secondary Aluminum Losses[Weekly Review of Aluminum Scrap and Secondary Aluminum]](https://imgqn.smm.cn/production/admin/votes/imageskkgTu20240508153005.png)
Weak Demand Tight Scrap Supply Deepen Secondary Aluminum Losses[Weekly Review of Aluminum Scrap and Secondary Aluminum][Weekly Review of Aluminum Scrap and Secondary Aluminum]Weak Demand Suppresses Prices, Tight Aluminum Scrap Supply Keeps Costs Elevated, Losses of Secondary Aluminum Producers Intensify
May 7, 2026 18:48- The Operating Rate of China's Copper Anode Producers Using Scrap Decline
[SMM Copper Anode Market] Due to tightening policies, tax-inclusive copper scrap was relatively tight in the market. From May 1 to May 7, the SMM weekly operating rate of China's copper anode producers using scrap was 46.35%, down 2.9 percentage points WoW.
May 7, 2026 18:35 - [SMM Weekly Review] Hydrometallurgy Recycling Market This Week: LFP and Ternary Black Mass Prices Continued to Rise, Pure Cobalt Black Mass Payables Remained Stable (2026.5.4-2026.5.7)
Raw material side, spot lithium carbonate prices continued to rise this week, driven by supply-side disruptions that continued to strengthen tighter Q2 expectations and significant position increases in far-month contracts. Nickel salt prices edged up, while the cobalt salt market remained lackluster and basically stable.
May 7, 2026 17:20 - Market Sluggish Around Holiday, Rare Earth Prices in the Doldrums [SMM Rare Earth Weekly Review]
[SMM Rare Earth Weekly Review: Market Sluggish around Holiday, Rare Earth Prices in the Doldrums] The Pr-Nd oxide market saw a poor trading atmosphere recently. Downstream metal plants showed low enthusiasm in inquiries and procurement around the holiday, but upstream suppliers maintained firm offers amid tight spot cargo availability, and low-priced sources remained difficult to find. Overall, Pr-Nd oxide price fluctuations were relatively small. As of today, Pr-Nd oxide prices adjusted slightly downward to 762,000-768,000 yuan/mt.
May 7, 2026 16:07
Announcements
To better serve industry clients and more closely align with the market, SMM plans to add 6 copper scrap price assessments for the US region, which will be officially launched on April 24, 2026. Shang
PriceApr 16, 2026 17:11Regarding SMM: Copper Scrap Supply-Demand Balance: Annual Data Discontinuation Notice
DataApr 8, 2026 14:12Dear Valued Client, To keep pace with the rapid development of the secondary copper industry and meet the market's need for in-depth analysis of the recycling industry and the supply-demand pattern of copper cathode, our company has conducted a deep optimization of our data models. We are now systematically upgrading and adjusting the standards and content of monthly supply-demand balance data related to China's copper scrap, with the following treatment applied to historical data: I. Adjustments Made The following data points have been newly launched: "Copper Scrap New and Old Scrap Production: Domestic Old Scrap: Annual", "Copper Scrap New and Old Scrap Production: Domestic New Scrap: Annual", "Copper Scrap New and Old Scrap Production: Domestic Copper Scrap: Annual", "Copper Scrap New and Old Scrap Production: Domestic Old Scrap - Forecast: Annual", "Copper Scrap New and Old Scrap Production: Domestic New Scrap - Forecast: Annual", and "Copper Scrap New and Old Scrap Production: Domestic Copper Scrap - Forecast: Annual"—a total of six new data points. (Access path for new data: Database - Copper - Copper Scrap - Production - Domestic Copper Scrap Production) II. Historical Data Processing The following four historical data series will cease to be updated starting from December 2025: "Domestic Copper Scrap Supply (Metal Content), ID: a10031747", "SMM Domestic Copper Scrap Supply: YoY, ID: a10031748", "Domestic Copper Scrap Supply (Metal Content) - Forecast, ID: a12731971", and "SMM Domestic Copper Scrap Supply YoY - Forecast, ID: a12731972". Going forward, the new standards will be uniformly applied for data releases, with the revised data traceable back to 2020. Should you have any questions, please feel free to contact the SMM customer service team at any time. Thank you for your continued support and trust! III. Effective Date February 1, 2026 SMM Information & Technology Co., Ltd. SMM Copper Research Team Liang Kaihui, 86-21-5159-5826 January 22, 2026
DataJan 22, 2026 15:31
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