Latest Update in the SMM Iron Ore Index Market

SMM Steel, April 15: According to SMM statistics, the estimated total shipments in mainstream markets this week were 162,000 mt, up 15,700 mt WoW. By market:

With Gasgoo Daily, we will offer daily important automotive news in China.

Today, the DCE ore futures continued to hold up well. The most-traded contract I2509 closed at 713, with a daily increase of 0.99%. Traders followed the market to sell; steel mills cautiously waited and saw fewer inquiries, with some mills having tender plans. The market transaction atmosphere was moderate.

Changan Automobile released its earnings forecast for Q1 of 2025, projecting a net profit attributable to shareholders of between 1.3 billion yuan and 1.4 billion yuan, which represented a year-on-yea...

SMM Tin Futures Review: Potential Impact of Trump's Tariff Plan on China's Home Appliance and Consumer Electronics Exports Suppresses SHFE Tin Prices, Keeping Them in the Doldrums. The most-traded SHFE tin 2505 contract showed a fluctuating trend today, opening at 261,600 yuan/mt, reaching a high of 262,390 yuan/mt during the session, and finally closing at 258,990 yuan/mt, with a daily decline of 0.31%. The intraday price fluctuation range narrowed, market activity remained high, but open interest slightly decreased compared to the previous day, indicating a cautious tug-of-war between longs and shorts.

On April 10, at the 13th Energy Storage International Conference and Expo (ESIE 2025), CATL introduced its new intelligent energy storage management platform, TENER Smart Storage (天恒·智储).