March 12, 2026 News: It was reported that CMA shipping company announced an additional congestion surcharge for the Port of Beira

LME copper opened at $7903.5/mt overnight, with its session low and high at $7890/mt and $7995/mt before closing up 0.57% at $7985.5/mt.

The table below shows daily changes of SHFE base metals and stainless steel warrants today.

The table below shows daily changes of SHFE base metals and stainless steel warrants today.

The table below shows daily changes of SHFE base metals and stainless steel warrants today.

On January 22, Chery's JETOUR brand introduced a new luxury off-road product range, named JETOUR Zongheng (name in Chinese pinyin).

On March 1, the Foreign Trade Secretariat of the Ministry of Development, Industry, Trade and Services of Brazil issued Announcement No. 9 of 2024, stating that it had initiated an anti-dumping investigation on tinned chrome coils originating in China in response to an application submitted by the Brazilian domestic company Companhia Siderúrgica Nacional on October 6, 2023. The products involved in the case are alloy or non-alloy tinned chrome coils with a thickness of less than 0.5 mm of any width, and the tax codes involved in the South Common City are 7210.12.00, 7210.50.00, etc.

The Fourth Session of the 14th National People’s Congress opened at 9:00 a.m. on the morning of the 5th at the Great Hall of the People, where Premier Li Qiang of the State Council delivered the Government Work Report. Based on the relevant content of the Government Work Report, SMM compared the wording of certain core key words with that of 2025:

Cathode active material (CAM) output varied in March. On the supply side, lithium salt prices plunged, which, coupled with poor demand from power battery and energy storage sectors, aroused a strong wait-and-see sentiment among CAM producers.

UBS Chairman Colm Kelleher said on Wednesday (April 5) that there are "significant risks" in the integration of Credit Suisse and that the full integration will take a long time.