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![[SMM Hot Topic] Car Exports Hit Record High as Chinese Automakers Accelerate Global Expansion](https://imgqn.smm.cn/production/admin/votes/imagesZIexu20240301181641.png)
[SMM Hot Topic] Car Exports Hit Record High as Chinese Automakers Accelerate Global Expansion
Nov 25, 2024 13:19
China's automotive industry continues to show strong growth in the international market.
Prices Of High-Nickel Pig Iron Continue To Fall As Weak Market Demand Persists
This week's market data indicates a continuous decline in high-nickel pig iron prices. The weekly average price of SMM 8-12% high-nickel pig iron was 983.6 yuan per nickel point (ex-factory, including tax), down 21.6 yuan from last week. Meanwhile, the Indonesian NPI FOB index fell by 3.1 dollars per nickel point from the previous week.On the supply side, domestically, due to the impact of the rainy season keeping Philippine nickel ore prices firm, the downward trend in spot prices has weakened production incentives. However, with the improvement in average grade, metal output has slightly increased. In Indonesia, the additional supply primarily comes from the shift back to high-nickel pig iron due to decreased profits in high-grade nickel, along with the ramp-up of new capacity, potentially increasing the total volume available for China to import.
Nov 23, 2024 13:50
【SMM Analysis】NextEra Energy Resources Seeks State Approval for 1.2GWh BESS Amid City Moratorium
【SMM Analysis】NextEra Energy Resources, a leading company in renewable energy and battery storage, is seeking approval from the California state regulator for a 1.2GWh Battery Energy Storage System (BESS) to bypass a city's moratorium on such projects.
Nov 22, 2024 19:13
LMO prices fluctuate downward. What will be the future trend?
In 2024, the price of LMO cathode active materials is expected to be influenced by fluctuations in lithium carbonate prices and the overall market supply and demand situation. Lithium carbonate remains a major component of LMO costs, so the price of LMO largely synchronizes with that of lithium carbonate......
Nov 22, 2024 14:03
China High-Purity Manganese Sulphate Market - Price Review and Analysis
In April 2024, with the continuous rise in ore prices, the cost support for high-purity manganese sulphate kept increasing. Coupled with some companies planning to halt production for maintenance, the market supply decreased accordingly. With limited inventory and existing demand, customers accepted the sentiment to stand firm on quotes from manganese salt plants, leading to a continuous rise in spot prices of high-purity manganese sulphate, followed by a high-level consolidation......
Nov 22, 2024 14:00
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