Russia plans to mine cobalt deposits at the bottom of the Pacific Ocean

[SMM Tungsten Flash] Esta semana, las ofertas de APT CIF Rotterdam se mantuvieron estables en 3.000-3.200 dólares/mtu, con los precios de las materias primas europeas en general sin cambios. En el mercado de chatarra, las brocas de desecho de tungsteno indias FOB se cotizaron a 130-140 $/kg, un 17,39 % más que la semana pasada. Impulsados por los mayores precios del tungsteno chino, los comerciantes de chatarra indios han subido colectivamente sus ofertas. Junto con los bajos niveles de inventario, las transacciones de chatarra en el extranjero han sido activas recientemente, y el sentimiento del mercado se ha tornado optimista.

[SMM Analysis] Slight Stainless Steel Inventory Destocking Amid Weak Off-Season Demand and Proactive Clearing by Traders SMM, June 11 – This week, stainless steel social inventories extended the previous destocking trend, with total inventory pulling back slightly again. Total inventory in the two core markets of Wuxi and Foshan declined from 940,400 mt on June 4, 2026, to 932,900 mt on June 11, down 0.8% WoW. Under the off-season conditions, inventories continued to show a slight destocking trend. This week, macro headwinds outside China continued to intensify, and SS futures declined in successive sessions, dragging stainless steel spot prices down in tandem. Overall market pessimism deepened. On top of this, the industry formally entered the traditional consumption off-season. Wait-and-see sentiment among downstream end-users stayed high, actual just-in-time procurement was relatively weak, and overall transactions in the spot market remained sluggish. The demand side would have created inventory buildup pressure. However, the supply side and the circulation sector provided a strong offset, effectively neutralizing the inventory accumulation risk caused by weak off-season demand. On one hand, multiple stainless steel mills gradually implemented production cuts and maintenance during the month, leading to downward adjustments in production schedules. On the other hand, the persistent decline in futures heightened industry concerns about the near-term outlook. Traders widely held pessimistic expectations, and the market mainly operated with an approach of proactive selling and reducing their own inventories. Price concessions to clear inventory were common, accelerating the turnover of spot goods in the market. Amid the opposing tug-of-war between supply and demand, stainless steel social inventories pulled back slightly further this week. On the whole, weak just-in-time demand during the off-season and persistently sluggish transactions were potential bearish factors for inventory buildup, while the marginal supply contraction from steel mill maintenance and traders' concentrated proactive inventory clearing were the factors behind this week's ...

[SMM Análisis del mercado de magnesio: la aleación de magnesio se aplica ampliamente en equipos de emergencia, apoyando la modernización del sistema de emergencias en el marco del 15.º Plan Quinquenal] A medida que avanza el «15.º Plan Quinquenal para la Modernización del Sistema de Emergencias», la industria de emergencias de China acelera su transformación hacia capacidades ligeras, inteligentes y listas para el combate. La aleación de magnesio, con sus extraordinarias propiedades integrales, se ha incorporado plenamente en múltiples escenarios de equipos de emergencia aprovechando su ligereza y alta resistencia, resistencia a la corrosión y a los impactos, excelente disipación de calor y blindaje electromagnético, y reciclabilidad ecológica, convirtiéndose en un nuevo material clave que sustenta la construcción de un sistema de emergencias moderno.