[SMM Weekly Review] The hydrometallurgy recycling market this week: ternary and pure cobalt payables were slightly lowered, and market transactions were sluggish (Jun. 14-18, 2026).

Traders casually sold and quoted, premiums fluctuated this week [SMM Shanghai spot cargo weekly review].

Suppliers hold prices firm while also adjusting prices, as Shanghai spot copper premiums remain under sustained pressure [SMM Shanghai Spot Copper].

Suppliers Both Hold Prices Firm and Make Adjustments, Shanghai Spot Copper Premiums Under Sustained Pressure

Brass billet operating rate expected to remain under pressure.