Notice: Chinese New Year holidays publishing schedule

Qing Ming Holiday Publishing Schedule

Shanghai Metals Market's CEO Adam Fan wishes all a healthy and bullish Chinese New Year!

Trades in the mainstream aluminium billet markets were subdued before CNY. According to SMM survey, most of the small and medium-sized aluminium extrusion producers have closed for CNY, while the remaining showed little interest in stockpiling amid directionless aluminium prices.

Operating rates across major aluminium processors decreased 3.6 percentage points from a week ago to 71.8% last week. The decline was mainly due to less operations ahead of Chinese New Year and tightening of logistics.

The resurgence of COVID-19 in Hebei and three provinces in north-east China forced factories in some regions to suspend production for a period of time in early 2021.

The global widespread of COVID-19 has forced many countries to enforce stringent containment measures which result in a heavy impact on global economic activity.  Over the past two months, we saw seri

SMM offices will be closed from Thursday February 15 to Wednesday February 21 for the Chinese New Year holiday. There will be no news publications during this period.

Iron ore prices have tumbled by 58% over the past 12 months, far outpacing declines in other industrial metals.

Gold and silver prices have fallen considerably from their 2011 highs.