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![[SMM Conference] Li-ION BATTERY AFRICA 2026 to Kick Off in Morocco from June 1-3 2026: Uncloking Strategic Insights amid Accelerating Global Energy Transition & Reshaping Supply Chain](https://imgqn.smm.cn/production/admin/votes/imagestSEUc20260116140616.jpeg)
[SMM Conference] Li-ION BATTERY AFRICA 2026 to Kick Off in Morocco from June 1-3 2026: Uncloking Strategic Insights amid Accelerating Global Energy Transition & Reshaping Supply Chain
Jan 16, 2026 14:22
Against the backdrop of accelerating global energy transition and reshaping supply chain dynamics, Africa, with its abundant critical resources such as lithium, cobalt, graphite, and phosphate ore, is rapidly emerging as an indispensable strategic hub in the global battery value chain.
SMM Analysis: Processing Fees for Aluminum Billets Remain "Negative"! When Will the Discounted Pricing End?
On January 5, 2026, the first trading day after the New Year's holiday, the SMM A00 aluminum price surged by 850 yuan/mt in a single day, surpassing the largest single-day increase of any day in 2025. As a result, aluminum billet processing fees across regions rapidly pulled back, generally decreasing by 0–160 yuan/mt, but still remaining above the zero line. However, on the following day, January 6, 2026, the aluminum price soared another 600 yuan/mt, initiating an extreme market trend that lasted nearly two weeks—aluminum billet processing fees fell below the zero line and entered negative territory.
Jan 16, 2026 22:14
SMM Analysis: Sellers and Buyers Are Evenly Matched, Aluminum Rod Processing Fees Remain Stable
Reviewing the aluminum rod market in December, overall supply and demand improved, with processing fees bottoming out and returning to reasonable levels. According to SMM surveys, aluminum rod production totaled 323,800 mt in December, down 5.06% MoM.
Jan 16, 2026 20:34
Is the U.S. Tariff Delay a Turning Point for Copper Market Structure?
In early 2026, U.S. trade policy has once again become a key variable impacting the global copper market. On Wednesday, former U.S. President Donald Trump publicly stated that he currently does not intend to impose tariffs on rare earths, lithium, and other critical minerals — including copper, which has been listed as a critical mineral since 2023. This statement quickly triggered a reassessment of U.S. copper import dynamics, leading to a narrowing of the LME-COMEX arbitrage spread.
Jan 16, 2026 19:08
MMi Daily Iron Ore Report (January 16)
Today, Dalian iron ore futures opened higher but retreated in the afternoon, exhibiting a "rise then fall" pattern. The benchmark contract I2605 ultimately closed at 812 RMB/tonne, down 0.49% from the previous trading day. Spot prices fell by 0–5 RMB/tonne.
Jan 16, 2026 18:11
[SMM Analysis] Nickel prices closed higher after experiencing sharp fluctuations this week, while domestic inventory still increased significantly.
Nickel prices continued to be dominated by expectations of tightening nickel ore production quotas (RKAB) in Indonesia for 2026, closing strongly higher after sharp swings. At the start of the week, the market digested previous gains and corrected due to inventory pressure, but mid-week, Indonesian officials reiterated quota reduction targets, strongly stimulating bullish sentiment and driving a robust rebound in nickel prices, with the most-traded SHFE nickel contract hitting the daily limit at its peak during the week.
Jan 16, 2026 16:41
PV Industry Rational "Anti-involution": How to Deal with Inefficient Modules? – SMM Analysis
【PV Industry Rational "Anti-involution": How to Deal with Inefficient Modules?– SMM Analysis】According to SMM statistics, we estimate that approximately 15%–20% of modules in China will fail to meet standards by 2026, and these low-power modules are more suitable for overseas power grids.
Jan 16, 2026 13:32
Supply remains tight, and the tungsten market stays strong
SMM News, January 16th：
This week, China's tungsten market maintained a strong upward trend. The tight supply situation at the mine end became more prominent, driving the steady rise in upstream raw material prices in the industrial chain.
Jan 16, 2026 12:26
[SMM Hot Topic] Small Peak in Capacity Growth Reappears, When Will Capacity Peak Emerge?
According to SMM's compilation, as of January 15, 2026, a total of 6 new hot-rolling lines were commissioned by domestic steel mills in 2025, with a combined capacity of approximately 14.96 million mt. As shown in Table 1, the newly commissioned lines are distributed across North, Central, Northwest, and South China, with South, Central, North, and Southwest China each accounting for 16.67%, and Northwest China accounting for 33.33%. By capacity, Central China accounts for the largest share at 29.28% of the newly commissioned capacity, followed by South China at 26.74%.
Jan 16, 2026 11:16
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