Indonesian customs data shows that 18,998 tons of sulfuric acid were imported from China in June. Market rumors suggest that this shipment was exported by Guangxi Jinchuan Nonferrous Metals Co., Ltd. (hereinafter referred to as "Jinchuan") to PT Huafei Nickel Cobalt (Indonesia). According to SMM's understanding, this order corresponds to the sulfuric acid that Jinchuan loaded onto a vessel on April 28. The appearance of this volume in June's data is due to a timing mismatch—either in Indonesia's customs clearance process or in the filing of the certificate of origin.

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Maintains Consolidation Pattern, Spot Market Trading Recovers]

The 15th Five-Year Plan officially kicks off in 2026, ushering in a critical period of transformation and upgrading for the conductor, cable, and electrical materials industry. Driven by the dual carbon strategy, new-type power system construction, energy transition, and AI technology empowerment, fields such as ultra-high voltage, new energy, computing centers, and NEVs are developing rapidly, effectively boosting demand for high-end copper and aluminum conductors and cable materials. Opportunities and challenges coexist: tight supply of copper and aluminum raw materials, significant price fluctuations, coupled with geopolitical trade and cost volatility, continue to climb operational and supply chain pressures on enterprises and intensify industry competition. Meanwhile, aluminum as an substitute for copper and new copper-aluminum composite materials are being adopted at an accelerated pace, while intelligent manufacturing and green, low-carbon technologies continue to drive industry quality improvement and upgrading. Against this backdrop, SMM will hold the November 5-6, 2026 in Yixing, Jiangsu , which will gather resources from the entire industry chain and establish a professional, efficient cooperation and exchange platform. SMM , in partnership with Shanghai Ruitong Copper International Trade Co., Ltd. , invites industry friends to attend the conference together, helping enterprises break through and boosting the industry's high-quality transformation. Click the to register immediately. We look forward to meeting you at the conference. Shanghai Ruitong Copper International Trade Co., Ltd. Shanghai Ruitong Copper International Trade Co., Ltd. is located in the Shanghai Nonferrous Metals Trading Center, specializing in bulk commodity trading and supply chain services primarily focused on nonferrous metals. It is one of the earliest companies in China to practice the integration of spot and futures trading. Growing from a startup to an industry benchmark with annual sales exceeding 100 billion yuan and serving over 2,000 manufacturing enterprises, it has carved out a distinctive path of high-quality development and is recognized by the Shanghai Municipal Government as a top-tier player. Corporate Competitiveness Research-Driven, Continuous Innovation The company's market share in copper cathode and aluminum trade volumes has consistently held a leading position in the industry. In 2025, annual sales of copper cathode reached 2.3 million mt, and together with other products (copper rod, aluminum rod, aluminum ingot, zinc ingot, nickel, silver, tin, lead, lithium carbonate, etc.) totaled 4 million mt. Deeply rooted in the industry for three decades, it is recognized annually by SMM and other professional organizations as a "Price Submitter" and "Quality Supplier," among other honors. Professional Team, Flexible Models Since its founding, the core team of Shanghai Ruitong Copper International Trade Co., Ltd. had already weathered multiple market cycles in the commodity sector. Faced with the industry changes brought by the Internet, the enterprise made two important decisions: first, adhering to the main business of non-ferrous metals and extending deeply into supply chain services; second, responding to the "Belt and Road" initiative and steadily expanding into the African market. Currently, the enterprise established nearly 30 projects in Africa, with over 3,000 Chinese and foreign employees, building momentum for expanding the international market. Robust Channels, Service First In line with the national planning guidance on accelerating the development of new-type international trade, the company has set up subsidiaries in the Shanghai Lin-gang Special Area, Singapore, and Hong Kong, actively laying out cross-border finance and trade businesses. Following the Belt and Road strategy, the company invests in Africa, and now its industries are spread across various sectors in Africa, including manufacturing, agriculture, warehousing and logistics, minerals, and recycled metals. Enterprise Vision The vigorous development of the bulk commodity industry is Ruitong's aspiration and mission. Ruitong is willing to join hands with peers to jointly build a more transparent, more standardized, and more efficient non-ferrous metal trading circle, promote the effective allocation of commodity resources in the real economy environment, and strive to enhance the competitiveness and industry discourse power of China's non-ferrous metal industry. Contact Information Business Director Xiong Li 138 1660 9892 Business Manager Xiong Xicheng 130 4415 6111 SMM Conference Contact Li Haiyang 135 2411 0203 lihaiyang@smm.cn Scan the QR code to attend immediately

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 10 Aug , 2026

[SMM Lead Morning Meeting Summary: Delivery-Driven Inventory Buildup Puts Pressure on Short-Term Lead Prices, Which Will Consolidate on a Subdued Note] According to US media: Trump has delayed military action against Iran, saying he is "handling the Iran issue quietly." Recently, social inventory of lead ingots has been accumulating, which is a normal phenomenon before the delivery of SHFE lead...

Jiangxi Mingjin New Materials Co., Ltd. plans to build a relocation project with an annual processing capacity of 15,000 mt of aluminum wire rod products. The project is currently in the public notice stage for proposed approval of its environmental impact report, with the notice period running from August 6, 2026 to August 10, 2026. Jiangxi Mingjin New Materials Co., Ltd. plans to invest 26 million yuan to construct the relocation project for an annual processing capacity of 15,000 mt of aluminum wire rod products at Plant No. 7-2, Fubei Nonferrous Metals Industrial Park, Fubei Industrial Zone, Linchuan Economic Development Zone, Fuzhou City, Jiangxi Province. The project will lease existing factory buildings for production and mainly construct production workshops, raw material areas, finished product areas, offices, etc., ultimately forming a production scale of annual processing of 15,000 mt of aluminum wire rod products.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 07 Aug , 2026

“ In the critical period of global energy transition and the reshaping of the manufacturing landscape, the lead-zinc industry chain is undergoing profound structural adjustments. Upstream mine resources remained tight continuously, smelting and processing profits were under pressure, while downstream application fields represented by batteries and galvanizing faced opportunities and challenges from new technology iterations and green low-carbon transformation. Against this backdrop, collaboration and price risk management across the industry chain are more important than ever before. SMM deeply insights into industry needs and dedicates to creating a unique industry conference. This conference will focus on downstream applications and long-term contract supply-demand matching, aiming to build a high-end communication platform integrating macro outlook, price analysis, and long-term contract negotiations. The conference will not only analyze in depth the market trends of lead, zinc, precious metals, copper, tin, antimony, bismuth, and other associated metals, but also innovatively set up a long-term contract supply-demand negotiation meeting as a highlight, striving to help clients seize market opportunities in 2027 and foster business cooperation through precise data services and practical agenda design. In the golden autumn of October, we sincerely invite leading enterprises and elites of the lead-zinc industry chain from China and overseas to gather together, to have open exchanges and seek common development in a relaxed and pleasant negotiation atmosphere! Nandan County Zhenghua Non-Ferrous Metals Company will attend this grand event, discussing industry development trends with industry peers and jointly promoting the lead-zinc industry to a new height. Click on the to register immediately, and join us to witness and participate in this significant and far-reaching industry event, creating a new chapter of brilliance together! Nandan County Zhenghua Non-Ferrous Metals Company was founded in 2000, with a history of over 20 years. Located at Xiaoping Tun, Daping Village, Chehe Town, Nandan County (within Hechi-Nandan Non-Ferrous Metal New Material Industrial Park), the company is mainly engaged in non-ferrous metal rolling and processing. It completed construction of a lead-antimony smelting production process using the advanced "oxygen-enriched bottom side-blowing bath smelting-oxidation-reduction fuming triple furnace—smelting flue gas double conversion and double absorption acid-making" technology to process antimony-lead concentrates, gold-antimony ore, and comprehensively recover gold, silver, copper, and bismuth, and has a complete antimony industry chain deep processing enterprise. Designed total metal capacity is 45,000 mt/year, including antimony ingot (10,000 mt/year), antimony trioxide (10,000 mt/year), lead ingot (25,000 mt/year), silver ingot (100 mt), gold ingot (2 mt), sulfuric acid (60,000 mt), and comprehensive recovery of other valuable metals. Total investment is 850 million yuan, covering a total area of 172 mu. The company has obtained certifications for quality management system, environmental management system, occupational health and safety management system, and energy management system from the national quality certification center, and has been rated as a Guangxi S&T enterprise, high-tech enterprise, specialized and sophisticated enterprise, enterprise technical center, gazelle enterprise, and national-level green factory. Zhenghua Nonferrous Metals Co., Ltd. has a group of experienced and skilled management personnel, technical personnel, and operators, forming an excellent management team with high enforcement capability. The company has departments such as Office, Production Department, Safety and Environmental Protection Department, Finance Department, Operations Department, Logistics Department, Engineering Department, and Electrical and Mechanical Section, with over 400 employees, including 60 professional and technical personnel. Over the years, with the care and support from Party committees and governments at all levels, peers in the industry, and people from all walks of life, Zhenghua Company has been committed to the concepts of safe production, circular economy, green development, honest operation, and win-win cooperation, dedicated to serving users wholeheartedly, committed to gathering talents and building a first-class management team, and striving to advance towards the goal of "10 billion Zhenghua". Contact Information zhenghuayelian@163.com Long Press to Scan and Sign Up Now 2026 SMM Lead-Zinc Annual Conference

[SMM Stainless Steel Daily Review] Nonferrous Metals Strengthening Drives SS Futures to Stop Falling and Rebound, Spot Stainless Steel Inquiry Weak with Limited Upward Momentum According to SMM on August 7, SS futures generally stopped falling and rebounded. The nonferrous metals sector strengthened collectively today, driving SS prices to rise in tandem. As of the midday close, the most-traded SS contract settled at 14,640 yuan/mt. In the spot market, although SS futures gave a clear signal to stop falling and rebound, purchase demand from downstream was largely released in the mid-week when prices were high. Intraday market purchase inquiries remained weak, and the upward momentum of spot offers from traders was very limited. The most-traded SS futures contract. At 10:15 a.m., SS2609 settled at 14,570 yuan/mt, up 105 yuan/mt from the previous trading day. Spot premiums for 304/2B in the Wuxi region were in the 400-750 yuan/mt range. In the spot market, the average price of cold-rolled 201/2B coil in Wuxi held steady; for cold-rolled mill edge 304/2B coil, the average price in Wuxi fell by 75 yuan/mt, and in Foshan by 50 yuan/mt; cold-rolled 316L/2B coil prices in the Wuxi region were flat; hot-rolled 316L/NO.1 coil offers in Wuxi remained unchanged; cold-rolled 430/2B coil prices in both Wuxi and Foshan were flat. This week, stainless steel futures were disturbed by both industry news and capital flows, presenting wild swings overall, with a fierce tug-of-war between longs and shorts. During the week, news about Indonesia's RKAB nickel ore supplementary quota repeatedly disturbed market expectations, and combined with shifts in capital flows on futures, SS futures first rose then fell, once exploring upward during mid-week...

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Aug , 2026