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Policy Shock: Secondary Copper Rod Plants Suspend Production and Adopt Wait-and-See Approach

Sep 06, 2025 21:42

The operating rate of secondary copper rod was 28.33% in August, higher than the expected 27.43%, down 2.57% MoM but up 3.62% YoY. The core challenge facing the secondary copper rod market in August stemmed from policy expectation uncertainties.

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MMi Daily Iron Ore Report (Sep 5)

Today, Dalian iron ore futures continued to decline sharply, with the most-traded contract I2501 closing at 678.5 yuan/mt, down 2.58% for the day.

Sep 5, 2024 18:11

Analysis

MMi Daily Iron Ore Report (Sep 4)

Today, iron ore futures continued to decline, with the most-traded contract I2501 falling below 700 points, ultimately closing at 689.5, down 3.09% for the day.

Sep 4, 2024 18:13

Analysis

MMi Daily Iron Ore Report (Sep 3)

Today, iron ore futures continued to plummet, with the most-traded contract I2501 closing at 703.5 yuan/mt, down 4.37% for the day.

Sep 3, 2024 18:02

Analysis

MMi Daily Iron Ore Report (Sep 2)

Today, iron ore futures saw a significant decline, with the most-traded contract I2501 closing at 723.5 yuan/mt, down 4.36% for the day. Traders showed low willingness to sell.

Sep 2, 2024 17:59

Analysis

MMi Daily Iron Ore Report (Aug 30)

Today, iron ore futures initially rose and then fell back from highs, experiencing wide fluctuations throughout the day. The most-traded contract I2501 finally closed at 754 yuan/mt, down 0.53% for the day.

Aug 30, 2024 18:20

Analysis

MMi Daily Iron Ore Report (Aug 29)

Today, iron ore futures fluctuated strongly, with the most-traded contract I2501 closing at 760 yuan/mt, up 0.53% for the day. Traders showed a fair willingness to sell. Steel mills remained cautious, primarily restocking as needed.

Aug 29, 2024 18:13

Analysis

MMi Daily Iron Ore Report (Aug 28)

Today, iron ore futures were strong initially but weakened later. The most-traded contract I2501 finally closed at 754.5 yuan/mt, almost flat compared to yesterday.

Aug 28, 2024 17:57

Analysis

MMi Daily Iron Ore Report (Aug 27)

oday, iron ore futures fluctuated strongly, with the most-traded contract I2501 surging significantly to close at 758, up 3.34% for the day.

Aug 27, 2024 18:32

Analysis

MMi Daily Iron Ore Report (Aug 26)

he iron ore futures market has seen a significant increase, with the main contract I2501 rising sharply to close at 750.5, up 3.45% for the day.

Aug 26, 2024 18:25

Analysis

MMi Daily Iron Ore Report (Aug 23)

Today, iron ore prices ran weak, accelerating their decline by the end of the session. The most-traded contract I2501 surged significantly,

Aug 23, 2024 18:13

Analysis

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Policy Shock: Secondary Copper Rod Plants Suspend Production and Adopt Wait-and-See Approach

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