According to SMM’s calculation, the average rebar profit margin narrowed to around 800 yuan/mt and that for HRC dropped below 300 yuan/mt.
06:19:50PM yesterday
Price Review & Forecast
On Nov 13, north Chinese plants received offers for high-grade nickel ore with 1.8% Ni at $56/wmt
05:38:38PM yesterday
Price Review & Forecast
Rates averaged 56.81% in Oct, down 1.44 percentage points from a month ago and 3.19 percentage points from a year ago
05:35:07PM yesterday
SMM Insight
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Tuesday Nov 13, 2018
03:47:05PM yesterday
Data Analysis
China exported 75,000 mt of silicon metal in Sep, down 8.7% from Aug but up 7.3% from Sep 2017
03:46:33PM yesterday
Data Analysis
Huabo Technology commissioned a lead recycling project in Anhui on Nov 11
03:00:41PM yesterday
Company News
SMM expects the weak trend in silicon prices to sustain through Nov and Dec
02:43:37PM yesterday
SMM Insight
Most transactions were heard between discounts of 10 yuan/mt to premiums of 20 yuan/mt relative to the SHFE 1811 contract
01:51:44PM yesterday
Price Review & Forecast
Operating rates across EAF steelmakers who produce steel products with scrap as feedstock averaging 77% in Nov
12:22:28PM yesterday
SMM Insight
