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Home / Metal News / SMM Daily Comments (Jun 1): Base Metals Mostly Rose with SHFE Aluminium Surging, Ferrous Metals Rose across the board, Iron Ore Skyrocketed

SMM Daily Comments (Jun 1): Base Metals Mostly Rose with SHFE Aluminium Surging, Ferrous Metals Rose across the board, Iron Ore Skyrocketed

Jun 1, 2023 18:04

Source:SMM

Crude oil rose today. As of 15:09, WTI oil and Brent oil rose 0.88% and 0.95% respectively.

Crude oil rose today. As of 15:09, WTI oil and Brent oil rose 0.88% and 0.95% respectively.

The U.S. dollar index rose 0.09% as of 15:10. As of the closing of the intraday trading, SHFE lead and nickel fell 0.43% and 0.17% respectively; SHFE aluminum rose 2.04%, SHFE copper rose 1.4%, SHFE tin rose 0.82%, and SHFE zinc rose 0.78%.

Iron ore rose 5.77%, coking coal rose 3.58%, hot-rolled coil rose 3.01%, and coke rose 2.87%.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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