Daye Nonferrous Launches Bidding for 25 Metric Tons of Crude Selenium (Metal Content) [SMM Selenium Report]

SMM June 3 News: According to SMM, Shandong Humon has announced an open tender for the sale of approximately 64 tons of antimony trioxide (Sb₂O₃) starting today. Official sources indicate that this batch of antimony oxide meets the quality standard YS/T 1117-2016, with the grade designated as Sb₂O₃-1.

SMM News, May 26: According to SMM, Shandong Humon Smelting Co., Ltd. has initiated a public tender today for the sale of approximately 64 tons of antimony trioxide (Sb₂O₃).

SMM May 26 News: According to SMM, Shandong Humon Smelting Co., Ltd. has launched an open tender for the sale of approximately 64 mt of antimony trioxide starting today.

Shandong Humon Launches Open Tender for 4N Selenium

SMM April 21 News: According to SMM sources, Shandong Humon has initiated a public tender today for approximately 20 metric tons of antimony oxychloride.

Jinlong Copper's Crude Selenium Bidding Successfully Concluded

The significance of metals in technology should not be underestimated. These metals may not be as well known as metals such as copper or aluminum. They are essential for various cutting-edge technology applications. From semiconductors to battery manufacturing processes minor metals like tantalum and indium play a role in enhancing the efficiency and dependability of gadgets. With the evolution of the tech sector the demand, for materials is increasing rapidly underscoring the importance of maintaining a reliable supply of these minor metals.

【SMM Analysis：SiMn Production Losses: Industry Meeting Calls for Self-Reduction】Although the price of manganese ore slightly decreased in July, it remains high, leading to elevated SiMn production costs. SiMn alloy producers are experiencing losses, and the entire industry is facing severe losses. Currently, SiMn producers have a weak willingness to sell, with many suspending quotations. Supply side, SiMn producers in south China, affected by production losses, have a strong willingness to reduce or halt production. However, the reduction in north China has not met expectations. Demand side, downstream steel mills, affected by high temperatures and other factors, have also shown some reduction or suspension in production, leading to low enthusiasm for purchasing SiMn. Overall, the SiMn market remains in a state of oversupply, and SiMn prices continue to weaken. To promote the healthy development of the manganese alloy market, alloy enterprises held a meeting. Due to the current nationwide monthly production of SiMn alloy still exceeding demand, resulting in social inventory backlog, the enterprises attending the Inner Mongolia meeting agreed to strengthen industry self-discipline to prevent "involution" vicious competition. Starting from August, they plan to autonomously reduce production to support the market price, expecting a 30% reduction based on the current production levels. Additionally, they aim for rational production and sales, firmly resisting malicious market shorting and unreasonable price suppression in alloy procurement, to jointly promote and maintain a long-term healthy market environment.

In January, the average monthly price of 9990 magnesium ingots in the main producing areas was 20,190 yuan per ton, down 1.2% month-on-month. Looking back at January: At the beginning of the month, bearish sentiment still prevailed in the magnesium market, with prices continuing their downward trend from the previous year, falling to 20,100 yuan per ton, once again approaching the cost margin, leading to an increase in the willingness of magnesium plants to support prices; In mid-Jan, pre-spring-festival stockpiling makes the market price went a bit higher; Now, domestic 9990 magnesium ingots prices reduced to around 20100 again.

The current price of minor metals is showing an upward trend, providing investors with rare investment opportunities. With the rapid development of technology and the continuous upgrading of industry, minor metals are increasingly used in various fields, and their market demand continues to grow. Changes in the price of minor metals not only reflect the market's recognition of their value, but also good expectations for future development. Seize this opportunity, invest in small metals, and let the wealth grow with the development of the times. Let us welcome the prosperity and glory of the minor metal market together!