[SMM Conference] Secure Your Super Early Bird Ticket to Indonesia Critical Minerals 2026: Deep-Dive into Supply & Demand Dynamics | Ni-Co-Cu-Al-Sn Forum, All in One Event

China to Accelerate the Green and Low-Carbon Transformation of Manufacturing to Promote Global Sustainable Development

Macro tailwinds drive SS to strengthen and test higher, stainless steel transactions recover but prices hold steady [SMM stainless steel daily review]

[SMM Stainless Steel Daily Review: Macro Tailwinds Drive SS Futures Higher, Stainless Steel Transactions Recover but Prices Hold Steady] SMM December 1 news, SS futures showed a strong performance, stopping falling and rebounding. Influenced by rising expectations for a US Fed interest rate cut in December, metal futures generally rose today, with SS futures also strengthening in sync, climbing to 12,470 yuan/mt during the session. On the spot market side, driven by the strength in SS futures, market sentiment improved. Additionally, stimulated by recent news of production cuts at stainless steel mills, the previously sluggish transaction activity saw improvement, with inquiries and deals noticeably increasing during the day. Currently, market transactions remain heavily influenced by futures price changes, with downstream buyers showing clear periodic restocking operations. However, after macro tailwinds are released, transactions may turn sluggish again, as cautious sentiment remains strong, making it difficult to raise actual transaction prices for now. The most-traded SS futures contract strengthened and probed higher. At 10:30 am, SS2601 was quoted at 12,370 yuan/mt, up 15 yuan/mt from the previous trading day. In the Wuxi region, spot premiums/discounts for 304/2B were in the range of 350-550 yuan/mt. In the spot market, the average price for cold-rolled 201/2B coil in Wuxi was reported at 8,025 yuan/mt; for cold-rolled mill-edge 304/2B coil, the average price was 12,625 yuan/mt in Wuxi and 12,650 yuan/mt in Foshan; for cold-rolled 316L/2B coil, the price was 23,800 yuan/mt in Wuxi and 23,800 yuan/mt in Foshan; for hot-rolled 316L/NO.1 coil, Wuxi reported 23,250...

Li Auto delivers over 33,000 vehicles in Nov. 2025

MMi Daily Iron Ore Report (December 1)

DEEPAL launches new funding round

China Green Development Wuhai Semi-Solid-State Battery ESS Power Station Commences Operation, Qingtao Supplies Solid-State LFP Batteries

[Domestic Iron Ore Brief Review] Ore Prices in Shandong Mines and Beneficiation Plants May Remain Volatile

[Domestic Iron Ore Brief: Ore Prices in Shandong Mines and Beneficiation Plants May Remain Volatile] This week, the mine-mouth price for 64%-grade alkaline powder in Shandong's mines and beneficiation plants was reported at 882 yuan per dry metric ton, up 11 yuan, with steel mills raising their prices in sync. Most miners maintained normal production, with virtually no inventory buildup. Steel mills primarily purchased under long-term agreements, while procurement in Hebei slowed down slightly. Sales at small plants were moderate.

[SMM Analysis] US Extends Section 301 Tariff Exemptions Again: Manufacturing Sector Benefits, Battery and Materials Sector Remains Under Pressure

The Office of the United States Trade Representative (USTR) recently confirmed that it will extend the 178 Section 301 tariff exclusions for Chinese imports, originally set to expire at the end of 2025, for an additional year, with the new validity period lasting until November 10, 2026.

Xiaomi EV maintains momentum with monthly deliveries above 40,000 units in November