SMM Evening Comments (Feb 15)

SMM Evening Comments

Price Review Forecast

06:09:19PM Feb 15, 2019

Evening comments Futures movement
MMi Daily Iron Ore Report (Feb 15)

Significantly higher prices of seaborne iron ore after the Vale accident in Brazil deterred buyers from making purchases.

Price Review Forecast

05:40:31PM Feb 15, 2019

MMi Iron Ore Port Index
Hebei to launch level-II smog alert on Feb 16

Major areas such as Xiong'an new district, Tangshan, Langfang, and Shijiazhuang will be affected

Industry News

03:30:18PM Feb 15, 2019

Market commentary
Data: SHFE, DCE market movement (Feb 15)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Friday Feb 15, 2019

Data Analysis

03:14:38PM Feb 15, 2019

Futures movement
MIIT releases first batch of recommended NEV models for 2019

All recommended models of passenger cars have energy density above 120 wh/kg

Industry News

02:59:29PM Feb 15, 2019

Market commentary New Energy Vehicle
Iron ore port stocks stand 10% lower than a lunar year earlier

Stocks of iron ore across 35 major Chinese ports stood at 132 million mt as of Friday Feb 15

Data Analysis

01:52:15PM Feb 15, 2019

Inventory data Iron ore
Tepid purchases, higher stocks lower rebar prices from highs

As of Feb 14, social and in-plant stocks of rebar increased by 4.69 million mt from the last week before CNY, and stood at 11.73 million mt

Price Review Forecast

01:38:07PM Feb 15, 2019

Market commentary Inventory data Rebar
NPI supply gap, environmental suspension lower stainless steel output by 8.91% in Jan

China produced some 1.99 million mt of stainless steel in Jan, down 8.91% on the month and down 8.88% on the year

Data Analysis

11:34:24AM Feb 15, 2019

Production data Stainless steel
Report: Shanghai's Huangpu district to run 5G trials this year

Key areas such as the Bund, Nanjing East Road and People's Square, will be covered

Industry News

11:00:25AM Feb 15, 2019

Market commentary
China’s Jan CPI, PPI miss expectations

The consumer price index rose 1.7% from a year earlier

Data Analysis

10:10:01AM Feb 15, 2019

Macroeconomics CPI PPI
SMM Evening Comments (Feb 15)

SMM Evening Comments (Feb 15)

SMM Evening Comments

06:09:19PM Feb 15, 2019

Price Review Forecast

Evening comments Futures movement
MMi Daily Iron Ore Report (Feb 15)

MMi Daily Iron Ore Report (Feb 15)

Significantly higher prices of seaborne iron ore after the Vale accident in Brazil deterred buyers from making purchases.

05:40:31PM Feb 15, 2019

Price Review Forecast

MMi Iron Ore Port Index
Hebei to launch level-II smog alert on Feb 16

Hebei to launch level-II smog alert on Feb 16

Major areas such as Xiong'an new district, Tangshan, Langfang, and Shijiazhuang will be affected

03:30:18PM Feb 15, 2019

Industry News

Market commentary
Data: SHFE, DCE market movement (Feb 15)

Data: SHFE, DCE market movement (Feb 15)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Friday Feb 15, 2019

03:14:38PM Feb 15, 2019

Data Analysis

Futures movement
MIIT releases first batch of recommended NEV models for 2019

MIIT releases first batch of recommended NEV models for 2019

All recommended models of passenger cars have energy density above 120 wh/kg

02:59:29PM Feb 15, 2019

Industry News

Market commentary New Energy Vehicle
Iron ore port stocks stand 10% lower than a lunar year earlier

Iron ore port stocks stand 10% lower than a lunar year earlier

Stocks of iron ore across 35 major Chinese ports stood at 132 million mt as of Friday Feb 15

01:52:15PM Feb 15, 2019

Data Analysis

Inventory data Iron ore
Tepid purchases, higher stocks lower rebar prices from highs

Tepid purchases, higher stocks lower rebar prices from highs

As of Feb 14, social and in-plant stocks of rebar increased by 4.69 million mt from the last week before CNY, and stood at 11.73 million mt

01:38:07PM Feb 15, 2019

Price Review Forecast

Market commentary Inventory data Rebar
NPI supply gap, environmental suspension lower stainless steel output by 8.91% in Jan

NPI supply gap, environmental suspension lower stainless steel output by 8.91% in Jan

China produced some 1.99 million mt of stainless steel in Jan, down 8.91% on the month and down 8.88% on the year

11:34:24AM Feb 15, 2019

Data Analysis

Production data Stainless steel
Report: Shanghai's Huangpu district to run 5G trials this year

Report: Shanghai's Huangpu district to run 5G trials this year

Key areas such as the Bund, Nanjing East Road and People's Square, will be covered

11:00:25AM Feb 15, 2019

Industry News

Market commentary
China’s Jan CPI, PPI miss expectations

China’s Jan CPI, PPI miss expectations

The consumer price index rose 1.7% from a year earlier

10:10:01AM Feb 15, 2019

Data Analysis

Macroeconomics CPI PPI