MINIEYE will continue to provide cutting-edge advanced driver-assistance systems (ADAS) to enhance the driving experience of future vehicle models.

According to the SMM survey, the impact of construction steel maintenance declined slightly this week (6.28-7.4). Both last week and this week saw steel mills resume production of construction steel rolling lines, resulting in a maintenance impact of 1.2642 million mt for construction steel this week, a slight decrease of 4,700 mt WoW.

[SMM Daily Review of Rare Earth: Rare Earth Market Runs Steadily with Strong Wait-and-See Sentiment] Currently, the rare earth market is generally running steadily. The price of Pr-Nd alloy has increased due to the firm quotes in the oxide market and the tightening of low-priced supply in the market. However, constrained by end-use demand, the order-taking situation of downstream magnetic material enterprises has not improved, and their acceptance of high-priced metals is average, so the increase in Pr-Nd alloy prices is limited. As for medium-heavy rare earth, the price of terbium metal has been dragged down by the stalemate in market transactions, with some suppliers closing deals at low prices, but due to cost considerations, most suppliers have a general willingness to sell.

[SMM Analysis: China's LFP Import and Export Situation in May] In May 2025, China's LFP exports reached 941.6 mt, down 18% MoM from April and up 429% YoY. In terms of price, the average export price of LFP in May 2025 was $5,341.3/mt, a decrease of $865.58/mt from the average price in April, representing a MoM decline of approximately 13.9%.

On June 30 (Monday), Chile's copper production in May reached the highest level of the year, somewhat alleviating the supply tightness in the global copper market. The National Institute of Statistics of Chile (INE) announced that Chile's copper production in May was 486,574 mt, a 9.4% increase from the same period last year.