Ferrous Metals Lead Price Declines after Opening

Published: Sep 5, 2017 09:44

Save

In the futures market, the most actively traded contracts of coking coal, coke and iron ore dropped over 2% after opening on September 5.

SHANGHAI, Sept. 5 (SMM) - In the futures market, the most actively traded contracts of coking coal, coke and iron ore dropped over 2% after opening on September 5.

China Steel Scrap Consumption Jumps in First Half of 2017

Ferrosilicon fell over 1%. SHFE Lead, SHFE aluminum, SHFE rebar, SHFE zinc and ZCE Si-Mn alloy futures dropped, while SHFE rubber, SHFE hot-rolled coil, SHFE nickel, SHFE copper, SHFE silver and SHFE gold rose.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals copper aluminum zinc nickel tin lead

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

US Retail Sales Drop in July, Raising Concerns Over Consumer Spending Resilience

US consumer demand cooled notably in July, and retail sales data came in far below expectations, prompting more cautious market assessments of H2 consumer resilience.US Census Bureau data released Friday showed that July retail sales fell 0.6% MoM, the largest monthly decline since May 2025 and well below market expectations of a 0.1% increase. Lower auto purchases and a pullback in online retail were the main drags.

2 hours ago

Chile to Reform Mining Laws to Boost Copper Output and Attract Investment

Chile plans to implement a package of reforms to improve legal certainty, streamline regulatory processes, and attract investment and mineral exploration, in a bid to raise the country’s annual copper production to 6 million mt.Chile’s Mining Minister Daniel Mas said at a seminar: “Chile’s copper mine production has stagnated, and annual production has fluctuated between 5 million mt and 5.5 million mt in recent years. Compared with other international mining jurisdictions that attract global capital by improving their institutional frameworks, Chile is gradually losing its competitive advantage.”

2 hours ago

China's Aggregate Financing Rises 22.25 Trillion Yuan, M2 Up 7.7% in July 2026

In the first seven months of 2026, the increase in aggregate financing to the real economy was 22.25 trillion yuan, and RMB loans increased by 10.38 trillion yuan; at end-July, M2 was up 7.7% YoY, RMB deposits increased by 17.79 trillion yuan, and corporate bond and government bond financing rose and fell, respectively, YoY.

2 hours ago