Japan's Mitsui stated on Wednesday that it will acquire a 40% stake in Australia's Rhodes Ridge iron ore project for $5.34 billion. The Japanese trading giant said the project will be developed and ...

Today, the most-traded I2505 contract finally closed at 806.5 yuan/mt. Traders showed moderate willingness to sell, while steel mills remained cautious and purchased as needed. Market transactions ...

[SMM Lead Midday Review: Some Downstream Enterprises Fear Price Increases in the Future, Signs of Improvement in Refined Lead Transactions Today] SMM, February 26: Today, the SMM 1# lead average price ...

[SMM Aluminum Downstream Analysis: Post-Holiday Aluminum Processing Industry Recovers as Expected, February PMI Returns to Expansion Territory] In February, the center of aluminum prices continued to ...

[SMM Analysis] On February 17, the Ministry of Industry and Information Technology (MIIT) announced the permitted "Producers and Products of Road Motor Vehicles" (Batch 391), as well as the "Catalog ...

[Top 10 Overseas Power Battery Installations: One Company Surges 79-Fold, CATL Tops the List for the First Time] Among the Top 10 companies for overseas power battery installations in 2024, compared ...

In late February, domestic aluminum inventory still failed to show a remarkable performance, with inventory buildup remaining on the "fast track." The recent rise in aluminum prices was also somewhat ...

[SMM HRC Weekly Balance & Social Inventory Overview] Significant Post-Holiday Inventory Buildup, But Overall Performance Better Than Historical Levels This week, SMM's statistics for HRC social ...