Latest Update in the SMM Silicon Steel Market

Today, DCE Iron ore futures moved downwards after a higher opening, fluctuating upward throughout the day. The most-traded contract I2505 finally closed at 776, with a daily increase of 0.65%. Traders' willingness to sell was moderate; steel mills' inquiries decreased compared to yesterday; at the same time, traders' speculative enthusiasm weakened; the market transaction atmosphere was moderate.

【March 25 SMM China Rare Earth Market Daily】Today, the news that Myanmar ore is expected to resume imports continued to ferment. Some suppliers began to sell at low prices, but downstream buyers further increased their sentiment of wait-and-see under this situation. The market inquiry atmosphere was poor, and the market confidence of most industry players declined. The prices of rare earth raw materials remained weak overall.

SMM Tin Futures Review: Ministry of Finance Clarifies "More Proactive" Fiscal Policy Direction, SHFE Tin May Continue to Fluctuate Rangebound at 275,000-283,000 yuan/mt. The most-traded SHFE tin 2504 contract continued to fluctuate downward today, closing at 274,870 yuan/mt, down 1,750 yuan from the previous day, a decrease of 0.63%. The intraday fluctuation range was 273,320-277,300 yuan/mt, and the trading volume decreased by 15% compared to the previous day. The price center remains within the range of 275,000-283,000 yuan/mt...