News

Shanghai Metals Market1m
JISCO Group Hongxing Stock Co., Ltd. Pre-announcement of Concentrated Procurement Tender for Domestic Pellet Ore in July 2025
The Supply Chain Management Branch is issuing an advance notice of concentrated procurement of domestic pellet ore for July 2025 by Hongxing Stock Co., Ltd. of JISCO Group. Qualified suppliers are ...
Shanghai Metals Market6m
Pre-announcement of Tender for Concentrated Procurement of Domestic Lump Ore by Hongxing Iron & Steel Co., Ltd. of JISCO Group in July 2025
The Supply Chain Management Branch is issuing an advance notice of concentrated procurement of domestic lump ore for July 2025 by Hongxing Stock Co., Ltd. of JISCO Group. Qualified suppliers are ...
Shanghai Metals Market9m
It's about boosting consumption through finance! Six departments have introduced 19 measures: Increased support in three key areas
Recently, six departments including the People's Bank of China jointly issued the Guiding Opinions on Financial Support for Boosting and Expanding Consumption (hereinafter referred to as the "Opinions ...
Shanghai Metals Market16m
Tender Pre-announcement for Concentrated Procurement of Mines around Jingtieshan by Hongxing Iron & Steel Co., Ltd. of JISCO Group in July 2025
Suppliers must respond to the notice within the specified time frame and log in to the electronic tender and bid system ( https://eps.jiugangbid.com/ ). Unregistered suppliers must first complete ...
Shanghai Metals Market20m
"Support Powell! US Fed Governor: Tariffs Expected to 'Persistently' Drive Up Inflation, Should Continue to Wait and See"
Since taking office, President Trump has consistently "blamed" Powell and pressured the Fed to call for interest rate cuts. Before Powell's hearing, Trump again lashed out on social media, saying that ...
Shanghai Metals Market22m
ICSG: Global copper market experienced a supply deficit of 38,000 mt in April, and a supply surplus of 233,000 mt in the first four months.
On June 24 (Tuesday), the International Copper Study Group (ICSG) stated in its latest monthly report that the global copper cathode market experienced a supply deficit of 38,000 mt in April, ...
Metal7h
US dollar weakening coupled with reduced refined lead supply, lead prices continue to hold up well [SMM Lead Morning Meeting Summary]
[SMM Lead Morning Meeting Summary: US Dollar Weakens Alongside Reduced Refined Lead Supply, Lead Prices Hold Up Well] The recent trend of tight supply of lead concentrates and scrap battery raw ...
Shanghai Metals Market28m
Decline in US Dollar's Appeal, Global Central Banks Turn to Gold, Euro, and Renminbi
According to a recent survey, an increasing number of central banks are considering reducing their holdings of US dollars in foreign exchange reserves and instead increasing their holdings of gold, ...
Shanghai Metals Market14m
US Consumer Confidence Worsens Again in June Amid Lingering Inflation and Recession Fears
Data released by the Conference Board on Tuesday showed that the US consumer confidence index dropped to 93 in June, below all economists' expectations and down 5.4 points from May. This pullback in ...
Shanghai Metals Market34m
Powell's Hearing: Tariffs Will Have a Significant Impact on Inflation Next, and There's No Rush to Take Action
On Tuesday local time, Fed Chairman Powell attended the hearing of the House Financial Services Committee as scheduled. He told lawmakers that inflation is expected to start rising soon, and the US ...
Shanghai Metals Market45m
US Stock Market Close: All Three Major Indices Rise Over 1%, China Golden Dragon Index Surges 3.3%, Tensions in the Middle East Ease
On Tuesday, Eastern Time, all three major US stock indices rose by more than 1%. The easing of tensions in the Middle East boosted market risk appetite. Fed Chairman Powell attended a congressional ...
Shanghai Metals Market2h
SHFE tin fluctuated downward during the night session, and overall trading in the spot market was sluggish [SMM Tin Morning News]
Futures Market: The most-traded SHFE tin contract (SN2507) fluctuated downward and then maintained a low-level sideways trend, finally closing near 261,700 yuan/mt, a slight drop of 0.57% from the ...