Non-ferrous
Non-ferrous
Base Metals
Photovoltaic
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsConsultingSHANGHAI, May 4 (SMM) – Average profit margin at mainstream EMM producers is small between 4-6% for the time being, but between 2-4% or even less at most producers that maintain production. In this context, most EMM producers choose to hold back goods, so domestic EMM prices are unlikely to trend lower further given the fact demand has yet to fall considerably. Nevertheless, owing to no significant improvement in demand, domestic EMM prices will not increase significantly either. SMM anticipates mainstream EMM prices will hover around RMB 15,000/mt in the coming week.
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