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Eramet Says SMM Has Become Benchmark for NPI Pricing as LME Lost Benchmark Status in a Key Sector of Nickel Market
Jun 02, 2023 16:00
France's Eramet SA, one of the biggest producers, said the London Metal Exchange (LME) has lost its benchmark status in a key sector of the nickel market since a massive short sale last year, according to Bloomberg.
Latest SMM All Markets
Copper Inventory in Major Chinese Markets Fell for Four Consecutive Weeks
As of Friday June 2, SMM copper inventory across major Chinese markets stood at 111,100 mt, down 7,200 mt from Monday and 7,300 mt from last Friday. Compared with Monday, the inventories across most regions decreased this week. Only inventories in Jiangsu increased slightly.
Jun 2, 2023 15:50
CST
SMM Forecast for DMC Output in June
SMM believes that the output in June may continue to rise. The main reason is that three domestic DMC enterprises plan to resume work in June, and the output is bound to increase. At the same time, there are currently no more domestic companies planning long-term maintenance.
Jun 2, 2023 11:22
CST
SMM Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel & Cobalt Supply and Demand Prospect, Impact from NEV Development
At the 2023 SMM Indonesia Nickel and Cobalt Industry Chain Conference hosted by SMM in Jakarta, Indonesia, Shirley Wang, GM of SMM New Energy Research Department shared her view on the forecast of supply and demand of the global nickel-cobalt market.
Jun 1, 2023 15:50
CST
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SMM has more than 50 professional industry analysts in copper, aluminum, lead, zinc, nickel, tin and minor metals, and are committed to providing in-depth, professional, as well as timely reports and research.
Besides, over 80 steel professionals engaged in SMM steel industry. They have been working on the weekly report SMM Steel Briefing, the monthly report SMM Steel PMI-Monthly, a survey of steel downstream.
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