[SMM Weekly Wrap-up] Cost Support Further Weakens, Non-Oriented Silicon Steel Price Cuts Expected Next Week

This week, rare earth prices outside China remained stable, while the US continued to acquire mature rare earth enterprises outside China [SMM Rare Earth Ex-China Weekly Review].

[SMM Weekly Summary] Demand provides a floor, next week grain-oriented silicon steel prices will be generally stable with a slight rise.

EIA Draft Released for RMB 570M Waste New Energy Battery Project in Yangquan High-tech Zone

Overseas Refinery Cuts and High Freight Rates Tighten Spot Coke Supply, Driving Up Costs and Slowing Imports