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Today's news: Guangdong aluminum ingot inventory in April nearly halved * May thread price who is the main ups and downs? * tin inventories on the two major exchanges fell in unison
May 7,2020 09:21CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

Macro news

The standing Committee of the State Council: to promote the resumption of work and production, the rescue of enterprises and the introduction of 90 policies and measures in eight aspects

Federal Reserve Brad: April released on Friday will be one of the worst in history

Metal news

The output of aluminum ingots in Guangdong almost halved in April. [SMM analysis] the output of aluminum ingots reached a new high & a new low in April.

Tin stocks in the two major exchanges both fell and tin opened higher in Shanghai by more than 1%. [SMM Analysis]

[SMM Thread] 6 the overall stable discharge of terminal demand in the national spot market

[SMM thread monthly carding] supply VS demand May thread price who is the main ups and downs?

[SMM analysis] stainless steel futures prices rose strongly by more than 3 per cent, increasing costs and reducing stocks or supporting spot increases.

Free Port McMullen reevaluates copper operations in New Mexico

A large gold-copper orebody has been discovered near the Oyu Tolgoi mine in Mongolia.

Glencore: Q1 ferrochromium production decreased by 3% in 2020 compared with the same period a year earlier, production guidance fell by 25% for the whole year

Related news

Bonus of 10,000 yuan per vehicle New deal for New Energy vehicles in Hainan Province

The increase in inventories offset the drop in US oil by more than 3 per cent as a result of the agreement to cut production.

 

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