News

Shanghai Metals Market5m
Powell's Press Conference Briefing: Tariff-Driven Inflation Will Be More Pronounced, More Information Needed for Interest Rate Cut
As context for the press conference, Fed officials unanimously voted Wednesday to keep rates unchanged, but in their economic projections, they raised the median inflation forecast for the US this ...
Shanghai Metals Market12m
US Stock Market Close: US Fed Warns of Inflation Risks, Three Major Indices Jump Initially and Then Pull Back
The "Traditional Chinese Medicine + Brain-Computer Interface" concept stock, BrainStorm Cell Therapeutics, which has attracted attention for several consecutive days, fell by 18.78% on Wednesday, with ...
Shanghai Metals Market24m
Fundamentals and macro factors resonate, SHFE zinc records a small bullish candlestick [SMM Zinc Morning Comment]
Comment] Overnight, LME zinc opened at $2,636.5/mt. Early in the session, LME zinc quickly rose to a high of $2,660/mt. Subsequently, the price center of LME zinc fluctuated around $2,655/mt. During ...
Shanghai Metals Market25m
US Fed continues to hold its ground, while LME zinc fluctuates considerably [SMM Morning Meeting Summary]
[SMM Morning Meeting Summary: US Fed Maintains Status Quo, LME Zinc Fluctuates Considerably] Overnight, LME zinc opened at $2,636.5/mt, and quickly rose to a high of $2,660/mt in early trading ...
Shanghai Metals Market28m
The US Fed has kept interest rates unchanged for the fourth consecutive time, with officials still expecting two interest rate cuts within the year.
The statement emphasized that the Federal Open Market Committee (FOMC) is committed to achieving maximum employment and an inflation rate of 2% over the longer run. Although uncertainty about the ...
Shanghai Metals Market29m
The US household PV market is in a downturn
Recently, the US residential solar industry may now be on the verge of collapse. Facing macroeconomic challenges and changes in state and federal policies, the US residential solar market is ...
Shanghai Metals Market31m
US Fed signals hawkish stance, copper prices fall overnight [SMM Copper Morning Comment]
Overnight, LME copper opened at $9,668/mt, hitting a high of $9,694.5/mt at the beginning of the session before fluctuating downward throughout the session, touching a low of $9,648/mt near the close, ...
Shanghai Metals Market34m
Construction of PV projects exceeding 3.5GW commences
From May to the present, the national PV industry has witnessed a significant "construction boom." According to tracking data from Polaris Solar PV Network, PV projects with a total capacity exceeding ...
Shanghai Metals Market42m
Dazhong Mining Plans to Invest 1 Billion Yuan in Lithium Metal Material Project
Dazhong Mining (001203.SZ) has extended its lithium battery business to lithium metal battery materials. Dazhong Mining announced that it had signed an "Investment Agreement" with the Management ...
Shanghai Metals Market10h
Global energy giants are targeting the Southeast Asian market! Aiming for more natural gas exploration
Currently, global energy giants are heavily investing in natural gas exploration and production in Malaysia and Indonesia to meet the region's growing electricity demand. This is driven by the ...
Shanghai Metals Market10h
U.S. Steel Merger Case Implanted with "Golden Share," International Investors Worry That Isolated Case May Become New Norm
US Commerce Secretary Howard Lutnick added that the "permanent" golden shares give the US government veto power over key decisions, including plans to delay Nippon Steel's multi-billion-dollar ...