HRC Prices were Lowered in Zhangjiagang

DCE iron ore futures open lower and go higher， futures tight by0.44% in the day. the main contract I2309 closed 797.

SHANGHAI, Jun 5 (SMM) –The prices of ADC12 secondary aluminium alloy rose 150 yuan/mt from a week ago to 18,650 yuan/mt as of last Friday.

SHANGHAI, Jun 5 (SMM) – SMM battery-grade lithium carbonate prices were 282,000-313,000 yuan/mt as of May 30, with the average price up 2,500 yuan/mt from the previous trading day to 297,500 yuan/mt. 

SHANGHAI, Jun 5 (SMM) – The 10th round of coke price cuts slightly boosted the demand for lumps.

SHANGHAI, Jun 5 (SMM) – Although many places were affected by high temperature or rain last week, the apparent demand for building materials increased significantly.

SHANGHAI, Jun 5 (SMM) –The most-traded SHFE 2307 aluminium contract opened at 18,480 yuan/mt at last Friday’s night session, with its low and high at 18,370 yuan/mt and 18,520 yuan/mt before closing at 18,385 yuan/mt, down 95 yuan/mt, or 0.51%.

The market price of silica remained stable. The ex-factory price of high-grade silica in Hubei, the main producing area of silica, was 400-470 yuan/mt; the ex-factory price of low-grade silica in Yunnan was 300-340 yuan/mt; that of high-grade silica in Inner Mongolia was 420-450 yuan/mt.

Petroleum coke quotes generally stood stable this week.

Vietnamese electric car maker VinFast is recalling its first cars sold in the US due to a software error that caused the head-up display to malfunction, according to a statement on the National Highway Traffic Safety Administration's website.

On May 24, the Shanghai government said it invited General Motors (GM) to increase its investment, research and development in the city.