Dec 06, 2022 10:00
LME and SHFE base metals closed mixed amid strong US economic readings disclosed overnight. Specifically, the US ISM non-manufacturing PMI in November was 56.5, and service industry activity also picked up in November. A series of data were better than market expectations, enhancing the market’s anticipation that the US Fed will still raise interest rates aggressively.
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 China's steel industry. They have been working on the weekly report China Steel Briefing, the monthly report China Steel PMI-Monthly, a survey of steel downstream.China Aluminum Industry ChainChina Steel PMIChina Rare Earth