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SHANGHAI, Mar 29 (SMM) - Due to the low inventory in domestic and overseas markets and the recovery of downstream demand, the profits of aluminium smelters are currently at a historically high level of 5,000 yuan/mt, or even close to 7,000 yuan/mt at some smelters in Xinjiang. ....
SHANGHAI, Mar 28 (SMM) – The most-traded SHFE 2205 aluminium contract climbed from 22,720 yuan/mt last Monday to 23,465 yuan/mt on Thursday amid the escalation of Russia-Ukraine war before closing at 23,090 yuan/mt on Friday afternoon, up 260 yuan/mt or 1.14% on the week. ....
SHANGHAI, Mar 25 (SMM) - The average operating rate of major aluminium processing enterprises dropped 1.6 percentage points from a week ago to 68.6% this week. ....
DCE iron ore futures open lower and go higher, the main contract closed 822.5, an increase only 0.43% throughout the day; but as the disk continues to decline. some traders were active to sell, Some steel mills purchasing enthusiasm are not high. total transactions remained insipid. PBF at Shandong port dealt 930-950 yuan/mt; prices are . ....
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