Quotation of SMM Gold Leaf Copper Rod and Copper Wire on September 9th

[US Energy Information Administration: Surge in AI Use Drives US Electricity Demand to New Highs This Year and Next] The US Energy Information Administration (EIA) forecasts that US electricity consumption will hit a new high in 2025, with further increases in 2026 and 2027. The EIA expects US electricity demand to rise from a record 4,195 billion kWh in 2025 to 4,244 billion kWh in 2026 and 4,381 billion kWh in 2027. This is primarily driven by the increase in AI data centers, as well as greater use of electricity by households and enterprises, reducing the use of fossil fuels for heating and transportation.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 08 Apr , 2026

On April 1, the world's largest single-phase integrated "CSP + energy storage" project — China Energy Engineering Hami 1,500 MW "PV (CSP) + energy storage" base PV zone officially commenced construction in Balikun, Xinjiang. The project adopts a "PV + CSP + thermal energy storage" model, equipped with 8-hour molten salt ESS, enabling stable round-the-clock power supply. Upon completion, annual power generation is expected to reach approximately 3 billion kWh, with annual carbon reduction of 2.256 million mt. China Energy Engineering Gezhouba No. 3 Company undertakes the 406.97 MWp PV section.