Metal1h
The US dollar index continues to rise, aluminum futures prices fluctuated downward overnight. [SMM Aluminum Morning Meeting Summary Nov 13]
LME zinc prices opened at $2548/mt last evening and closed down $86.5/mt or 3.39% at $2466.5/mt. Trading volume increased to 11397 lots, and open interest decreased by 1323 lots to 208,000 lots. LME ...
Metal1h
Supply Issues Push Lead Prices Up, Attention Needed on Secondary Lead Profit Recovery [SMM Lead Morning Comment]
Overnight, LME lead opened at $2,027/mt. With the strengthening of the US dollar index, base metals were under pressure, and LME lead hovered in the range of $2,020-2,030/mt for most of the day. It ...
Metal1h
SMM Morning Comment For SHFE Base Metals (Nov 13)
SHANGHAI, Nov 13 (SMM) – Copper US Fed's Future Interest Rate Cut Expectations Weaken, Copper Prices Continue to Be Under Pressure [SMM Copper Morning Comment] ...
Metal51m
SMM Analysis On China October PV EVA Production And November Forecast
According to SMM research, on March 20, the blast furnace operating rate was 89.45%, an increase of 0.3% month-on-month. As we celebrate March 18th as 'Global Recycling Day', it's time to shine a ...
Metal1h
SMM Analysis On China October High-purity Manganese Sulphate Production And November Forecast
In October 2024, China's production of high-purity manganese sulphate declined both MoM and YoY. In terms of supply, due to environmental protection inspections in Guangxi, a major production area for ...
Metal17h
Leapmotor's net loss narrows both QoQ, YoY in Q3 2024
Beijing (Gasgoo)- On November 11, Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor) released its financial results for the third quarter (Q3) of 2024, reporting revenue of 9.86 billion yuan, marking ...
Metal13h
Gasgoo Daily: NETA Auto partners with Bolivia’s largest dealer for South American expansion
On November 12, NETA Auto signed an exclusive distribution agreement with Saavedra Group, the largest automotive sales group in Bolivia. This partnership marks a significant milestone in NETA Auto's ...
Metal1h
US Fed's Future Interest Rate Cut Expectations Weaken, Copper Prices Continue to Be Under Pressure [SMM Copper Morning Comment]
LME copper opened at $9,128/mt overnight, initially dipped to $9,107/mt, then rose to an intraday high of $9,218/mt, but fell all the way towards the end of the session, finally closing at $9,144.5/mt ...
Metal17h
China's Hubei Province aims to put over 7,000 fuel cell vehicles on roads by 2027
Shanghai (Gasgoo)- On November 8, China's Hubei Province released its Action Plan for Accelerating the Development of the Hydrogen Industry (2024-2027), outlining ambitious targets to boost its ...
Metal17h
RoboSense's M-Core LiDAR-specific SoC gains AEC-Q100 certification
Beijing (Gasgoo)- Smart LiDAR solution provider RoboSense recently announced that its fully self-developed M-Core SoC chip received AEC-Q100 automotive-grade reliability certification in October, ...
Metal14h
BMW's 5 Series to integrate V2X technology starting Jan. 2025
Beijing (Gasgoo)- Starting in January 2025, BMW will produce the new BMW 5 Series equipped with Vehicle-to-Everything (V2X) technology, marking BMW's first model to feature integrated V2X capabilities ...
Metal17h
EHang, Enpower to co-develop electric motors, motor controllers for eVTOL aircrafts
EHang, a Chinese company focusing on urban air mobility (UAM) technology, announced on November 11 a long-term strategic partnership with Zhuhai Enpower Electric Co., Ltd. ("Enpower"), a prominent ...