Abundant Supply Further Increases Spot Copper Discounts in Shanghai (Aug. 13, 2015)

【SMM Port Inventory of Imported Bauxite】According to SMM's statistics on February 13, the total bauxite inventory at ten domestic ports decreased by 0.68 million mt from the previous week.

On February 5, the AC system of the Baota Mountain Converter Station, the sending - end station of the ±800 kV North Shaanxi - Anhui UHV DC power transmission project, was successfully energized for the first time. This marks that the AC system of the converter station has entered the startup commissioning stage, and the entire AC system of the project is expected to be put into operation before the Spring Festival. It is reported that the rated voltage of the North Shaanxi - Anhui UHV project is ±800 kV, with a rated capacity of 8 million kilowatts, and a dynamic investment of 20.5 billion yuan. The project starts from the Baota Mountain Converter Station in Yan'an City, Shaanxi Province, and ends at the Hezhou Converter Station in Hefei City, Anhui Province. It passes through three provi

As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.