Home

Metal News

Minor Metals

China's EMM Prices Have Room to Climb Slightly 

The 7th China International New Energy Conference 2022

SMM 2010/8/11 Scrap Copper Prices By Region 

SHANGHAI, Aug. 11 (SMM) -- Mainstream offers of EMM were between RMB 15,200-15,300/mt on Wednesday. Supply of spot EMM was tight due to crackdown on miners. Demand from ferroalloy industry increased, pushing up&nbsp;EMM prices.
According to SMM sources, supply of spot EMM has been reduced sustainably, and operating rates at EMM producers slipped further due to tight raw material supply caused by crackdown at miners. In this context, most EMM producers were reluctant to move goods under the context that supply of good reduced and production costs were high.
According to SMM sources, ferroalloy purchasers previously adopted a wait-and-see attitude for the expectation of lower EMM prices. However, they &nbsp;had no choice but to make purchases at present because they had to delivery goods to steel mills on time. In this context, demand for EMM increased significantly in the short term, and regular purchasing bid from large steel mills will also increase demand for EMM.
SMM believes that domestic EMM prices will have room to climb slightly due to tight supply and increased demand.
&nbsp;
Copyright &copy; SMM. All Rights Reserved
None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: <a href="mailto:service.en@smm.cn">service.en@smm.cn</a>
&nbsp;

China July Copper Output Drops on Summer Maintenance (Update1) 

China's EMM Prices Have Room to Climb Slightly _SMM | Shanghai Non ferrous Metals

China Weekly Inventory Summary and Data Wrap (May 20)

Silicon Metal Prices Kept Falling on Market Pessimism and Inconsistent Quotation

Silicon Metal Prices Fell Continuously due to the Poor Transactions amid Weak Demand

The Market Outlook of Silicon Metal Prices was Gloomy and Silicon Metal Prices Continued to Decline amid Strong Supply and Weak Demand

China Weekly Inventory Summary and Data Wrap (May 27)

SMM Events & Webinars

The 7th China International New Energy Conference 2022