Steelmakers in Hebei See Profits Again

[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 ...

[SMM Análise do Mercado de Magnésio: Liga de Magnésio Amplamente Aplicada em Equipamentos de Emergência, Apoiando a Modernização do Sistema de Emergência no Âmbito do 15º Plano Quinquenal] À medida que o “15º Plano Quinquenal para a Modernização do Sistema de Emergência” avança, a indústria de emergência da China acelera sua atualização rumo a capacidades leves, inteligentes e prontas para o combate. A liga de magnésio, com suas notáveis propriedades abrangentes, já se consolidou em múltiplos cenários de equipamentos de emergência ao aliar baixo peso e alta resistência, resistência à corrosão e a choques, excelente dissipação de calor e blindagem eletromagnética, e reciclabilidade ecológica, tornando-se um novo material essencial que sustenta a construção de um sistema de emergência moderno.