SMM Analysis：According to SMM data, as of September 26, the weekly average SMM Zn50 TC fell 200 yuan/mt in metal content MoM to 3,650 yuan/mt in metal content, while the imported zinc concentrate index rose $4.65/dmt MoM to $115.9/dmt. Domestic zinc concentrate TCs have already peaked and began a downward trend in October. What are the specific reasons.....

[SMM Zinc Morning Meeting Minutes: US GDP Data Revised Upwards, LME Zinc Hovers at Highs]: Overnight, the LME zinc contract opened at $2,927/mt. At the beginning of the session, it fluctuated around the daily average line, hitting a low of $2,913.5/mt, then rose continuously. Entering the night session, LME zinc reached a high of $2,960/mt, before pulling back from highs and eventually closing flat at $2,922.5/mt...

SMM Analysis：As the National Day and Mid-Autumn holidays approach, SMM conducted a survey on the operational status of downstream galvanized sheet enterprises during the holiday. This survey covered 20 galvanized sheet enterprises with a total capacity of 17.82 million mt. According to the survey results, most enterprises maintained normal production during the National Day holiday.....

SMM Analysis：According to the latest customs data, galvanized sheet exports in August 2025 reached 1.0975 million mt, with cumulative exports from January to August totaling 9.2182 million mt, up 10.96% YoY from 8.3074 million mt in the same period of 2024. Overall, domestic galvanized sheet exports in August saw a slight decline from July, aligning with prior market expectations.....

SMM Analysis：According to the latest customs data, China imported 567,300 mt in physical content of zinc concentrates in August 2025, down 6.8% MoM (34,100 mt in physical content) but up 30.06% YoY. Cumulative imports from January to August totaled 3.5027 million mt in physical content, up 43.06% YoY.....