Latest Update in the SMM Other NdFeB Raw Materials Market

Today, iron ore futures continued to fluctuate, with the most-traded contract I2501 closing at 812 yuan, up 0.43% for the day. Traders showed moderate enthusiasm for selling, with a strong wait-and-see sentiment; steel mills were cautious in their inquiries, primarily purchasing as needed.

Today, the SM2501 contract opened at 6,362 yuan/mt, fluctuated downward after the morning session, and finally closed at 6,296 yuan/mt, down 0.76%.

Li Auto will begin trialing an overtime fee operation at its supercharging stations in mid-December this year.

On November 28, Wuxi Lead Intelligent Equipment Co., Ltd. (LEAD), a Chinese manufacturer of lithium battery intelligent equipment, announced the successful delivery of China's first full-tab cylindr...

On December 3, 2024, GAC Group convened its 74th meeting of the 6th Board of Directors, approving the resolution to transfer part of its equity in Greater Bay Technology.

Today, in the northern market, SiMn alloy 65/17 was priced at 6,000-6,100 yuan/mt (cash), flat WoW.

On November 29, BYD's second roll-on/roll-off (ro-ro) ship, named BYD CHANGZHOU after the company's Changzhou factory, departed from Yantai, Shandong province.

TAILG Technology Group and Shenzhen BYD Lithium Battery Co., Ltd., a wholly-owned subsidiary of BYD Company Limited, officially announced a strategic partnership in the field of batteries for two- and...