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SMM Analysis: Indonesia s Stainless Steel Exports Exceeded 400,000 Mt In October, With Exports To China Soaring Over 100% MoM

In October 2023, Indonesia’s stainless steel exports to China were approximately 253,200 mt, a month-on-month increase of approximately 102.06%, and a year-on-year decrease of approximately 9.64%.

SMM data: deep-processed copper products import and export data in November 2023

SMM data: deep-processed copper products import and export data in November 2023

UK sanctions on Russian metals spark panic: palladium surges nearly 12%, copper prices hit biggest intraday gain in 11 months

As the British government announced on Thursday that it would implement new sanctions against Russian metals, the global metals market experienced violent fluctuations overnight:

SMM Analysis Of China Stainless Steel Import And Export Data In October And November

Imports: China’s stainless steel imports stood at 321,800 mt in October, up 27% MoM but unchanged from last year, according to SMM statistics.

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