Hebei Puyang Iron and Steel Indonesia Investment and Construction of 600000 tons of Ni-Fe production Line Project was put on record by the Development and Reform Commission

Customs data showed that China imported 5.78 million mt (wmt and dmt mixed) of nickel ore in August, up 11.4% month on month and 54.2% year on year.

SHFE nonferrous metals broadly fell on Thursday December 31 as multiple markets closed early for New Year's Eve.

Shanghai base metals mostly cruised lower on Tuesday morning, while their counterparts on the LME rose for the most part as market sentiment was boosted after Trump signed into law the $2.3 trillion pandemic aid and spending package.

Nonferrous metals on the SHFE were mostly higher on Wednesday morning, while their counterparts on the LME also advanced for the most part.

SHFE nonferrous metals rose for the most part on Tuesday November 8 as investors remained cautious over rising coronavirus cases, U.S. stimulus negotiations as well as Brexit talks between the U.K. and the European Union.

Shanghai base metals traded mixed on Friday morning, as investors continue to wait for a result from the US election. Meanwhile, their counterparts on the LME were mostly higher.

SHFE nonferrous metals fell across the board on Thursday September 17.

Nonferrous metals on both SHFE and LME declined across the board in early trading of Thursday as investors react to developments from the US Federal Reserve which said it would keep interest rates near zero for years until US economy heals from the effect of the coronavirus pandemic.   

SHFE nonferrous metals rose for the most part on Tuesday September 15 as China's investment and consumption data in August improved on the macro level, leading to the optimistic investment sentiment.

SHFE nonferrous metals closed higher across the board on Monday September 14 as China’s social financing for August exceeded expectations to boost market confidence.