Metal10h
2024 Zinc Futures and Spot Prices Surge Over 18% as Supply-Demand Imbalance Intensifies; Will It Improve in 2025? [Annual Review]
SMM, January 7: Unlike the low-level fluctuating trend of zinc prices in 2023, zinc prices in 2024 fluctuated upward under ...
Metal7h
December Operating Rates of Copper Pipe & Tube Producers Meet High Expectations, Gradual Pullback Expected in January [SMM Analysis]
The Operating Rate of Copper Pipe & Tube in December Was 82.94% ...
Metal6h
Chinese eVTOL aircraft manufacturer INFLYNC bags tens of millions of yuan in angel+ funding round
Shanghai (Gasgoo)- INFLYNC, a Chinese startup focusing on design and manufacturing of tilt-rotating ducted-wing electric vertical takeoff and landing (eVTOL) aircraft, recently announced the ...
Metal6h
2025 Volkswagen ID.4 CROZZ hits market
On January 3, FAW-Volkswagen officially put the 2025 ID.4 CROZZ model onto the market, offering four variants priced between 194,900 yuan and 298,600 yuan. Shanghai (Gasgoo)- On January 3, ...
Metal6h
SGMW celebrates 30 millionth vehicle rolling off production line
Shanghai (Gasgoo)- On January 5, SAIC-GM-Wuling (SGMW) announced that its 30 millionth complete vehicle, a Wuling Xingguang S, rolled off the production line, making it the first China's indigenous ...
Metal6h
Gasgoo Daily: SGMW forays into Central Asian market
On January 5, SAIC-GM-Wuling (SGMW) signed a strategic agreement with Mansour Group and ASAKA Motors to for its market entry into Uzbekistan. This cooperation marks a significant step in SGMW's global ...
Metal6h
NIO so far deploys over 3,000 battery swapping stations in China
Shanghai (Gasgoo)- On January 3, NIO announced the launch of its 3,000th battery swapping station in China, which is located in Harbin. On the same day, other new stations were inaugurated in Wenzhou, ...
Metal10h
Sponge Titanium Price Adjustment Letters Issued at the Beginning of the Month: What Is the Market Outlook? [SMM Spot Titanium Bulletin]
SMM January 17 News: Recently, the price of Grade 1 sponge titanium has shown a tentative upward trend, with mainstream quotations at 46,000 yuan/mt-47,000 yuan/mt. Some sponge titanium producers have ...
Metal10h
December Operating Rates of Copper Billet Producers Rose Consecutively Amid Peak Season Effect and Tariff Concerns [SMM Analysis]
According to SMM, the operating rates of copper billet producers in December 2024 stood at 54.91%, up 1.23% MoM. Specifically, the operating rate of large enterprises was 58.68%, medium-sized ...
Metal10h
Spot Silicon Metal Transactions Face Challenges Under Pressure from Low Futures Prices [SMM Silicon Daily Review]
Review: Spot Transactions for New Orders of Silicon Metal Face Challenges Amid Low Futures Prices] Silicon prices in east China slightly declined. Standard #553 silicon metal in east China was priced ...
Metal11h
Schaeffler sets up wholly-owned subsidiary in China for hydrogen-related businesses
Shanghai (Gasgoo)- On January 6, 2025, Schaeffler signed a framework cooperation agreement with the local government of Anting Town, Jiading District, Shanghai, to establish a wholly-owned subsidiary, ...
Metal11h
US Dollar Index Decline Boosts Copper Prices, BC Most-Traded Copper Contract Strengthens [SMM BC Copper Commentary]
Today, the most-traded BC copper 2502 futures contract opened at 66,390 yuan/mt, closing with a bearish candlestick. The lower shadow pierced through the Bollinger mid-band and crossed the 20-day and ...