As of June 18, the total inventory of construction materials in Guiyang for the week was 68,000 mt, up 200 mt WoW, representing a WoW increase of 0.37%. Among them, the rebar inventory was 43,100 mt, unchanged WoW. The wire rod inventory was 24,900 mt, up 200 mt WoW.

[SMM Steel Morning Meeting Summary] Last week, rebar prices first declined and then rebounded, with the nationwide average price at 3,097 yuan/mt, down 7 yuan/mt MoM. On the supply side, the third round of coke price reductions took effect last week, with raw material costs continuing to decline. The profit levels of many blast furnace steel mills remained around 100 yuan/mt. However, some steel mills arranged for regular maintenance and experienced sudden maintenance due to production restriction policies, leading to expectations of a continued decline in short-term production. Short-process steelmakers faced intensified losses, with some planning to halt operations, suggesting a potential further decline in the overall operating rate...

[SMM Data: LiPF6 January Production Data] In January 2025, LiPF6 production fell 11% MoM, with a projected decline of 3% in February.

The new energy initiative of the world-EVs, batteries, and photovoltaic systems-has put huge demands on metals. Of these, copper, aluminum, and nickel are some of the most important metals due to their good conductivity, malleability, and specialized properties. However, the costs similarly go through the vagaries of such base metals, with their direct influence extending from the energy sector to the larger global economy as a whole.

In the futures market, the most-traded contract fluctuated around 6,462 yuan/mt throughout August.

Iron ore serves as a critical input for steel production, fundamentally impacting the cost structure and, consequently, the profitability margins of steel manufacturers worldwide. As a primary raw material in the steelmaking process, changes in iron ore pricing can significantly affect production costs, operational sustainability, and the overall economic health of the steel industry. Stakeholders must comprehend the intricacies of these pricing dynamics to navigate the challenges that arise in an increasingly volatile market landscape.

Germanium is a critical material in the semiconductor industry due to its unique properties. This shiny metalloid shares many characteristics with silicon, but it stands out with a higher electron mobility, making it exceptionally effective in high-speed electronic applications. These properties make germanium indispensable in the fabrication of transistors, diodes, and other semiconductor devices that demand superior performance. Its ability to operate effectively at high frequencies further underscores its importance in advanced telecommunications and computing technologies.

In the futures market, the most-traded SiMn alloy contract in July fluctuated around 7,380.35 yuan/mt.

Tin, a versatile metal with a wide range of industrial applications, plays a crucial role in various sectors. Understanding the fluctuations in tin prices is essential for businesses and investors alike. Several key factors influence the price of tin, including supply and demand dynamics, market events, and environmental regulations. By delving into these factors, one can gain valuable insights into the intricate world of tin pricing.

Factors affecting the price of pig iron are numerous and complex, supply and demand, raw material costs, policy adjustments and exchange rate fluctuations all play a direct role in the market price. The price of pig iron products such as Fodular Cast Iron and Foundry Pig Iron is also deeply affected by these factors. Through the SMM website and other platforms, we can grasp the dynamics of the pig iron market in real-time, analyze the price trend, and provide strong support for investment decisions. In a volatile market environment, only by considering all factors can we more accurately grasp the direction of pig iron prices.