Shaoxing: the advanced packaging line of Changdian 300mm integrated circuit was put into production at the end of the year, and SMIC Shaoxing has been in mass production.

[Expresso do Tungstênio] Notícias SMM de 12 de junho: A Filial Kafang da Yunnan Tin Co., Ltd. venderá dois lotes de minério por meio de negociação de preço em 17 de junho de 2026. Lote 1: Concentrados de scheelita com conteúdo físico de aproximadamente 34 toneladas, teor de 50% e tungstênio metálico de 17 toneladas (sujeito à quantidade final de entrega real); horário de venda: 14h00, 17 de junho de 2026. Lote 2: Concentrado grosseiro de estanho com peso seco de aproximadamente 130 toneladas, teor de estanho de 2,3%, teor de tungstênio de 24%, conteúdo metálico total de 34,19 toneladas (das quais estanho 2,99 toneladas, tungstênio 31,2 toneladas, sujeito à quantidade final de entrega real), sendo os elementos de precificação o trióxido de tungstênio e o estanho. Ambos os lotes são cotados com preço unitário por tonelada de metal incluindo impostos (alíquota de imposto de 13%). A negociação de preço exige no mínimo três clientes qualificados. O resultado estará sujeito à decisão da Filial Kafang por meio de uma reunião de deliberação.

[SMM Tungsten Flash] Esta semana, as ofertas de APT CIF Rotterdam permaneceram estáveis em US$ 3.000-3.200/mtu, com os preços das matérias-primas europeias geralmente firmes. No mercado de sucata, as brocas de perfuração de sucata de tungstênio indianas FOB foram cotadas a US$ 130-140/kg, alta de 17,39% em relação à semana passada. Impulsionados pelos preços mais altos do tungstênio chinês, os comerciantes de sucata indianos elevaram coletivamente suas ofertas. Aliado aos baixos níveis de estoque, as transações de sucata no exterior estiveram ativas recentemente, com o sentimento do mercado se tornando otimista.

[SMM Analysis] Slight Stainless Steel Inventory Destocking Amid Weak Off-Season Demand and Proactive Clearing by Traders SMM, June 11 – This week, stainless steel social inventories extended the previous destocking trend, with total inventory pulling back slightly again. Total inventory in the two core markets of Wuxi and Foshan declined from 940,400 mt on June 4, 2026, to 932,900 mt on June 11, down 0.8% WoW. Under the off-season conditions, inventories continued to show a slight destocking trend. This week, macro headwinds outside China continued to intensify, and SS futures declined in successive sessions, dragging stainless steel spot prices down in tandem. Overall market pessimism deepened. On top of this, the industry formally entered the traditional consumption off-season. Wait-and-see sentiment among downstream end-users stayed high, actual just-in-time procurement was relatively weak, and overall transactions in the spot market remained sluggish. The demand side would have created inventory buildup pressure. However, the supply side and the circulation sector provided a strong offset, effectively neutralizing the inventory accumulation risk caused by weak off-season demand. On one hand, multiple stainless steel mills gradually implemented production cuts and maintenance during the month, leading to downward adjustments in production schedules. On the other hand, the persistent decline in futures heightened industry concerns about the near-term outlook. Traders widely held pessimistic expectations, and the market mainly operated with an approach of proactive selling and reducing their own inventories. Price concessions to clear inventory were common, accelerating the turnover of spot goods in the market. Amid the opposing tug-of-war between supply and demand, stainless steel social inventories pulled back slightly further this week. On the whole, weak just-in-time demand during the off-season and persistently sluggish transactions were potential bearish factors for inventory buildup, while the marginal supply contraction from steel mill maintenance and traders' concentrated proactive inventory clearing were the factors behind this week's ...