News

The latest data shows that after the global tariff issues have cooled down, particularly with the easing of trade relations between the two largest economies, cross-Pacific shipping trade continues to ...
Warning of Simultaneous Decline in Volume and Price Amid Sluggish Stainless Steel Demand] SMM reported on May 30 that today, the SS futures market continued its fluctuating trend. Despite the ...
SMM Analysis] In May, Shanghai spot copper premiums jumped initially and then pulled back, rapidly retreating after briefly touching premiums above 400 yuan/mt. Before the contract rollover of SHFE ...
This week, the stainless steel market saw a pattern where production costs and spot prices declined in tandem. Despite a slight increase in the price of high-grade NPI, the prices of high-carbon ...
Tianhe Magnetics previously released its Q1 2025 report, which showed that during the reporting period, the company achieved operating revenue of 525 million yuan, down 5.75% YoY; net profit ...
DCE iron ore futures continued to trade in the doldrums, with the most-traded contract I2509 closing at 702, down 0.43% for the day. Traders' willingness to sell was moderate; steel mills' restocking ...
From May 24, 2025 to May 30, 2025, the weekly operating rate of secondary lead smelters in four provinces tracked by SMM was 39.97%, representing a WoW increase of 3.26 percentage points. Last week, a ...
China's copper cathode production in May increased by 12,600 mt MoM, up 1.12%, and rose 12.86% YoY. Cumulative production from January-May increased by 544,800 mt YoY, up 11.09%.
TAQA Morocco, part of Abu Dhabi National Energy Company (TAQA), has partnered with Moroccan energy firm Nareva and the Mohammed VI Fund for Investment to develop 1.2 GW of renewable energy projects ...
JinkoSolar has secured a contract to supply its N-type TOPCon modules for a 100-megawatt solar project in Azerbaijan’s Caucasus region. The modules will be used in the Gobustan PV farm, developed by ...
Kuwait has opened the bidding process for a 500-megawatt solar photovoltaic (PV) plant, as part of Phase III, Zone 2 of the Al Dibdibah and Al Shagaya Renewable Energy Program. The plant will be ...
China Energy has officially commissioned the Shuaibah Solar Power Plant in Jeddah, Saudi Arabia, now the largest solar power facility in the Middle East with a total capacity of 2.6 GW.