Shanghai Metals Market

Ex-China demand improves, structure continues to optimize; September enamelled wire exports up 15.25% YoY

According to data from the General Administration of Customs, China's copper enamelled wire exports reached 14,116.18 mt in September 2026, up 15.25% YoY and up 15.04% MoM. In ...
Shanghai Metals Market

[SMM Analysis] Import Treatment Charges Plunge: What to Expect for China’s Zinc Concentrate Imports in October?

According to the latest customs data, China imported 419,000 mt of zinc concentrate (wet metric tons) in September 2026, down 1.39% month on month and 17.08% year on year. Total imports ...
Shanghai Metals Market

[SMM Chromium Flash] Tharisa and Valterra Explore Fine Chrome Recovery to Improve Resource Utilization

Tharisa and Valterra Platinum are collaborating to explore opportunities for fine chrome recovery and beneficiation at Valterra’s operations, using Tharisa’s proprietary Vulcan X technology.
Shanghai Metals Market

[SMM Steel] Turkish Rebar: Weak Domestic Intake Drives Prices Down, Export FOB Holds Flat in Wait-and-See Mode

Turkey] Domestic rebar prices in Turkey continued their downward trend this week, with the assessment falling by 5 USD/tonne to 605 USD/tonne EXW (excluding VAT). Spot market activity ...
Shanghai Metals Market

Limited warrant outflows coupled with resilient rigid demand keep spot premiums high amid elevated backwardation [SMM Shanghai Spot Copper]

SMM Shanghai Spot Copper] Looking ahead to tomorrow, suppliers in the spot market have been continuously lowering their quotes to facilitate transactions. Some delivery warrants from earlier ...
Shanghai Metals Market

[SMM Tin Flash: Alphamin Q3 Tin Output Stable at 5,030 mt QoQ, Flags Q4 Rainy Season Logistics Risks]

Alphamin Resources (TSXV: AFM / JSE: APH) released its Q3 operational update on October 6: Q3 tin-in-concentrate production was 5,030 mt, basically flat QoQ, with feed grade of 3.2% Sn ...
Metal

Titanium exports continue to diverge,with titanium dioxide exports turning from decline to increase, boosting the market

【SMM Titanium Flash】According to statistics from the General Administration of Customs, China's total imports of titanium concentrate in September 2026 amounted to 388,000 tons, marking a 33% decrease ...
Shanghai Metals Market

[SMM Tin Midday Review] Ex-China Tech Stocks Rebound, but Macro Continues to Weigh; Tin Prices Consolidate

Tin Market Midday Commentary, October 20, 2026. 1. Price Review. SMM #1 tin was quoted at 380,000-384,100 yuan/mt today, averaging 382,050 yuan/mt, up 2,100 yuan/mt from the previ ...
Shanghai Metals Market

[SMM Analysis] BHP Q1 FY2027 Production Plunges 19%, but FY2027 Guidance Unchanged?

SMM Analysis] BHP's Q1 FY2027 production dropped sharply by 19%, but its FY2027 guidance remains unchanged. Why is that?
Shanghai Metals Market

Silico-Manganese Exports Fall 11.4% MoM in September, External Demand Support Fades at the Margin

The overall pattern features pullback from a monthly high alongside robust year-to-date export performance.In the short term, fourth-quarter exports are likely to see modest month-on-month ...
Shanghai Metals Market

China's primary aluminum imports in September 2026 were approximately 172,000 mt, down 7.2% MoM and down 30.3% YoY [SMM data]

In September 2026, China's primary aluminum imports were approximately 172,000 mt, down 7.2% MoM and down 30.3% YoY] According to data from the General Administration of Customs, China's ...
Shanghai Metals Market

【China’s Spodumene Imports Rise 7.0% MoM in September 2026, Approximately 81,300 Tonnes LCE】

China's spodumene imports rose 7.0% month-on-month to 970,100 physical tonnes in September 2026, equivalent to 81,300 tonnes of lithium carbonate. Australia, Nigeria, and Zimbabwe were the ...