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1. Selected News
[SMM Building Materials Inventory] With stable supply and increasing demand, the inventory of building materials is destocking at an accelerated pace. Can the destocking speed be maintained after the holiday?
SMM · 7 hours ago
1. Selected News
Overview of National Building Materials Inventory on May 1
SMM · 7 hours ago
1. Industry
Notice: Suspension of News Updates During Labour Day Holiday
SMM · 21 hours ago
1. Selected News
Off-season Consumption Approaches, High Overseas Copper Scrap Prices May Lead to Larger-than-Expected Decline in Imports in May and June [[SMM Daily Review of Secondary Copper]]
SMM · 21 hours ago
SMM · a day ago
1. Exclusive
2. Industry
CCIE Copper Industry Field Trip to Jiangxi: Seventh Stop - Jiangxi JCC East China Electric New Material Technology Co., Ltd.
SMM · a day ago
1. Analysis
Aluminum Inventory: Pre-Holiday Stockpiling Accelerates Destocking, Post-Holiday Inventory Buildup Risk Still Requires Vigilance [SMM Analysis]
1. Selected News
Stockpiling Before the Holiday Accelerated Destocking, While the Risk of Inventory Buildup After the Holiday Still Requires Vigilance [SMM Analysis]
SMM · a day ago
1. Selected News
2025 SMM China's Top 20 Aluminum Scrap Suppliers and Top 20 Aluminum Alloy Ingot Traders Announced [SMM Aluminum Industry Conference]
SMM · a day ago
1. Selected News
The Glory Unveiled! The 2025 SMM Evergreen Medal of Light in Nonferrous Metals Award Winner Revealed! [SMM Aluminum Industry Conference]
SMM · a day ago
1. Selected News
Soaring Wings, Backbone of a Great Nation: 2025 SMM Chalco Meritorious Figures Unveiled! [SMM Aluminum Industry Conference]
SMM · a day ago
SMM · a day ago
1. Analysis
MMi Daily Iron Ore Report (April 30)
SMM · a day ago
1. Exclusive
2. Industry
CCIE Copper Industry Field Trip to Jiangxi: Tenth Stop - Shangrao Dajiang Copper Co., Ltd.
1. Exclusive
2. Industry
CCIE Copper Industry Field Trip to Jiangxi: Ninth Stop - Jiangxi KYEE Group
SMM · 2 days ago
1. Selected News
The 2024 List of Outstanding Service Providers for Green Transformation in the Nonferrous Metals Industry Was Officially Released! [SMM Copper Industry Conference]
SMM · a day ago
1. Analysis
2. Exclusive
[SMM Analysis: Production Recovery After Maintenance, May's Primary Lead Output May Fully Recover from Decline]
SMM · a day ago
1. Selected News
Recovery After Maintenance as Main Focus, Primary Lead Production in May May Fully Recover from Decline [SMM Analysis]
SMM · a day ago
SMM · a day ago
1. Selected News
"Double Whammy" of Market Losses and Tight Raw Material Supply! Secondary Lead Production Declined in April, Can the Situation Be Turned Around in May? [SMM Analysis]
SMM · a day ago
1. Exclusive
2. Industry
CCIE 2025: Award Ceremony of 2025 SMM Top 10 Outstanding Copper Billet Suppliers
1. Exclusive
2. Industry
CCIE Copper Industry Field Trip to Jiangxi: Eighth Stop - Jiangxi Yuexing Copper Co., Ltd.
SMM · a day ago
1. Selected News
The Top 10 Outstanding Suppliers of Copper Busbar Processing Enterprises for the Year 2025 Have Been Officially Announced! [SMM Copper Industry Conference]
SMM · a day ago
1. Selected News
AICE Aluminum Industry Expo Visiting Group's Tour of Suzhou Chuangtai Alloy Materials Co., Ltd.
SMM · a day ago
1. Selected News
【SMM Analysis】A Review of the Price Trend of Waste Batteries for Cascade Utilization This Week (April 28-30, 2025)
SMM · a day ago
SMM · a day ago
1. Selected News
[SMM Analysis] A Review of This Week's Scrap Spot Price Trends (April 28-30, 2025)
SMM · a day ago
1. Selected News
SMM: Analysis of China's Secondary Aluminum Market and Price Assessment Methodology for 2025 [SMM Aluminum Industry Conference]

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SMM Hydrogen Energy Industry Weekly Review 20250424

News flash

[Shagang Construction Steel Price Policy] On May 1, Shagang announced the ex-factory prices for the first 10-day period of May. The prices of rebar and wire rod remained stable. The current price of rebar is 3,300, and the price of coiled rebar is 3,410. All the above prices are tax-inclusive and will be effective from May 1, 2025. [[SMM Steel]]
01 May, 2025 09:14:53
PT Vale Indonesia Tbk (IDX: INCO) reported a nickel in matte production of 17,027 metric tons in the first quarter of 2025, marking a 6% year-on-year decline and an 8% decrease compared to the previous quarter. The drop was primarily due to an unexpected shutdown of one of its electric furnaces caused by an electrode system failure. The company used this unplanned downtime to carry out maintenance originally scheduled for the third quarter, aiming to optimize future operations. During the quarter, the company shipped a total of 17,096 metric tons of nickel in matte, generating sales of USD 206.5 million—down from USD 241.8 million in Q4 2024—mainly due to lower shipment volume and a 5% decrease in the average nickel price, which fell to USD 11,932 per ton. Additionally, PT Vale Indonesia made its first commercial sale of approximately 80,000 tons of saprolite ore to domestic buyers and plans to gradually increase sales to 290,000 tons in the first half of 2025, following the approval of its annual Work and Budget Plan (RKAB) at the end of last year.
30 Apr, 2025 16:43:31
PT Vale Indonesia Tbk (IDX: INCO) is advancing three major nickel downstream projects with the support of a total investment of IDR 146.52 trillion (approximately USD 8.5 billion), as part of Indonesia’s National Strategic Projects aimed at promoting industrial downstream development. According to MIND ID President Director Maroef Sjamsoeddin, the projects are located in Pomalaa, Morowali, and Sorowako, and are intended to expand Vale Indonesia’s production capacity and diversify its nickel product output—particularly by adding an annual production of 240,000 tons of Mixed Hydroxide Precipitate (MHP). As the main shareholder of Vale Indonesia, MIND ID is spearheading these efforts to enhance its economic impact by creating jobs, increasing government revenue, and boosting the added value of its products. The three projects are scheduled for completion between 2026 and 2027 and are expected to significantly advance the development of Indonesia’s nickel downstream industry.
30 Apr, 2025 16:39:40
PT Vale Indonesia Tbk（印尼证券交易所代码：INCO）在总投资达146.52万亿印尼盾（约合85亿美元）的支持下，正在推进三项重要的镍下游项目，作为印尼国家战略项目的一部分，旨在推动工业下游发展。根据MIND ID总裁马鲁夫·夏姆苏丁（Maroef Sjamsoeddin）表示，这些项目位于波马拉（Pomalaa）、莫罗瓦利（Morowali）和索罗阿科（Sorowako），旨在扩大Vale Indonesia的产能，并多元化其镍产品产出，特别是每年新增24万吨混合氢氧化物沉淀物（MHP）产量。作为Vale Indonesia的主要股东，MIND ID正主导这些努力，通过创造就业、增加政府收入以及提升产品附加值来增强其经济影响力。该三大项目计划于2026至2027年间完成，预计将大力推动印尼镍下游产业的发展进程。
30 Apr, 2025 16:38:17
In April 2025, a severe power outage occurred on the Iberian Peninsula, causing infrastructure in Spain and Portugal to grind to a halt. The outage had severe consequences for Alcoa's San Ciprián aluminum plant, highlighting the vulnerability of aluminum production to power supply disruptions. The power outage affected Alcoa's San Ciprián division, including an aluminum electrolysis plant with an annual production capacity of 228,000 mt and an alumina refinery with an annual production capacity of 1.5 million mt. This dual impact posed complex challenges for the emergency response team, which needed to manage the shutdown procedures for two different production processes simultaneously. Alcoa immediately initiated a comprehensive assessment to evaluate the extent of the operational disruption and its potential financial impact. Company spokesperson Rodriguez stated, "Our top priority is to ensure the safety of our employees while minimizing damage to production facilities. Within minutes of detecting the power grid failure, we activated our emergency plan."
30 Apr, 2025 16:13:14
As a city covering the "bauxite - alumina - aluminum - deep processing of aluminum - secondary aluminum" entire industry chain, Sanmenxia City is taking "extending, supplementing, and strengthening the industry chain" as a breakthrough to drive the aluminum industry to transition from "resource dependence" to "innovation-driven development." The city currently has 24 key aluminum industry enterprises, including East Hope and Kaiman Aluminum, with an annual production capacity of 5.1 million mt of alumina, 240,000 mt of aluminum, 450,000 mt of deep-processed aluminum products (including aluminum plate/sheet and strip, aluminum extrusion, etc.), and 6 million wheel hubs. In the aluminum-based new materials industry chain, a pattern has emerged with East Hope and Kaiman Aluminum as the leading enterprises in alumina, Hengkang Aluminum as the leading enterprise in aluminum, and Baowu Aluminum as the leading enterprise in processing. In 2024, the output value of the city's aluminum industry exceeded 26 billion yuan, and an aluminum-based new materials industry chain with resilience, innovation, and a green foundation is accelerating its rise.
30 Apr, 2025 15:55:34
As a city covering the "bauxite - alumina - aluminum - deep processing of aluminum - secondary aluminum" entire industry chain, Sanmenxia City is taking "extending, supplementing, and strengthening the industry chain" as a breakthrough to drive the aluminum industry to transition from "resource-dependent" to "innovation-driven." Currently, there are 24 key aluminum industry enterprises in the city, including East Hope and Kaiman Aluminum, with an annual production capacity of 5.1 million mt of alumina, 240,000 mt of aluminum, 450,000 mt of deep-processed aluminum products (including aluminum plate/sheet and strip, aluminum extrusion, etc.), and 6 million wheel hubs. In the aluminum-based new materials industry chain, a pattern has emerged with East Hope and Kaiman Aluminum as the leading enterprises for alumina, Hengkang Aluminum as the leading enterprise for aluminum, and Baowu Aluminum as the leading enterprise for processing. In 2024, the output value of the city's aluminum industry exceeded 26 billion yuan, and an aluminum-based new materials industry chain with resilience, innovation, and a green foundation is accelerating its rise.
30 Apr, 2025 15:54:54
Recently, global mining giant Rio Tinto announced the signing of a memorandum of understanding (MoU) with India's AMG Metals & Materials to jointly assess the feasibility of a low-carbon aluminum project in India. If the project proceeds successfully, it is expected to achieve an annual aluminum capacity of up to 1 million mt and an alumina production capacity of 2 million mt. The entire project will be powered by renewable wind and solar energy, supplemented by pumped hydro storage technology, to ensure the stability and sustainability of energy supply. Rio Tinto revealed that the initial phase of the project will explore the possibility of constructing an aluminum smelter with an annual capacity of 500,000 mt in a favorable region of India. According to available information, AMG Metals & Materials was registered by Anil Chalamalasetty and Mahesh Kolli, the founders of India's clean energy enterprise Greenko Group. Rio Tinto mentioned in its statement that as global demand for sustainable materials continues to rise, AMG will collaborate with the Greenko Group to research reliable renewable energy solutions, while Rio Tinto will focus on exploring commercial alumina solutions.
30 Apr, 2025 15:48:16

SMM

[SMM Building Materials Inventory] With stable supply and increasing demand, the inventory of building materials is destocking at an accelerated pace. Can the destocking speed be maintained after the holiday?

Overview of National Building Materials Inventory on May 1

Notice: Suspension of News Updates During Labour Day Holiday

Off-season Consumption Approaches, High Overseas Copper Scrap Prices May Lead to Larger-than-Expected Decline in Imports in May and June [[SMM Daily Review of Secondary Copper]]

Exclusive
Industry
CCIE Copper Industry Field Trip to Jiangxi: Seventh Stop - Jiangxi JCC East China Electric New Material Technology Co., Ltd.

Analysis
Aluminum Inventory: Pre-Holiday Stockpiling Accelerates Destocking, Post-Holiday Inventory Buildup Risk Still Requires Vigilance [SMM Analysis]

Stockpiling Before the Holiday Accelerated Destocking, While the Risk of Inventory Buildup After the Holiday Still Requires Vigilance [SMM Analysis]

2025 SMM China's Top 20 Aluminum Scrap Suppliers and Top 20 Aluminum Alloy Ingot Traders Announced [SMM Aluminum Industry Conference]

The Glory Unveiled! The 2025 SMM Evergreen Medal of Light in Nonferrous Metals Award Winner Revealed! [SMM Aluminum Industry Conference]

Soaring Wings, Backbone of a Great Nation: 2025 SMM Chalco Meritorious Figures Unveiled! [SMM Aluminum Industry Conference]

Analysis
MMi Daily Iron Ore Report (April 30)

Exclusive
Industry
CCIE Copper Industry Field Trip to Jiangxi: Tenth Stop - Shangrao Dajiang Copper Co., Ltd.

CCIE Copper Industry Field Trip to Jiangxi: Ninth Stop - Jiangxi KYEE Group

The 2024 List of Outstanding Service Providers for Green Transformation in the Nonferrous Metals Industry Was Officially Released! [SMM Copper Industry Conference]

[SMM Analysis: Production Recovery After Maintenance, May's Primary Lead Output May Fully Recover from Decline]

Recovery After Maintenance as Main Focus, Primary Lead Production in May May Fully Recover from Decline [SMM Analysis]

Selected News
"Double Whammy" of Market Losses and Tight Raw Material Supply! Secondary Lead Production Declined in April, Can the Situation Be Turned Around in May? [SMM Analysis]

Exclusive
Industry
CCIE 2025: Award Ceremony of 2025 SMM Top 10 Outstanding Copper Billet Suppliers

CCIE Copper Industry Field Trip to Jiangxi: Eighth Stop - Jiangxi Yuexing Copper Co., Ltd.

The Top 10 Outstanding Suppliers of Copper Busbar Processing Enterprises for the Year 2025 Have Been Officially Announced! [SMM Copper Industry Conference]

AICE Aluminum Industry Expo Visiting Group's Tour of Suzhou Chuangtai Alloy Materials Co., Ltd.

【SMM Analysis】A Review of the Price Trend of Waste Batteries for Cascade Utilization This Week (April 28-30, 2025)

Selected News
[SMM Analysis] A Review of This Week's Scrap Spot Price Trends (April 28-30, 2025)

Selected News
SMM: Analysis of China's Secondary Aluminum Market and Price Assessment Methodology for 2025 [SMM Aluminum Industry Conference]

[SMM Building Materials Inventory] With stable supply and increasing demand, the inventory of building materials is destocking at an accelerated pace. Can the destocking speed be maintained after the holiday?

Overview of National Building Materials Inventory on May 1

Notice: Suspension of News Updates During Labour Day Holiday

Off-season Consumption Approaches, High Overseas Copper Scrap Prices May Lead to Larger-than-Expected Decline in Imports in May and June [[SMM Daily Review of Secondary Copper]]

ExclusiveIndustryCCIE Copper Industry Field Trip to Jiangxi: Seventh Stop - Jiangxi JCC East China Electric New Material Technology Co., Ltd.

AnalysisAluminum Inventory: Pre-Holiday Stockpiling Accelerates Destocking, Post-Holiday Inventory Buildup Risk Still Requires Vigilance [SMM Analysis]

Stockpiling Before the Holiday Accelerated Destocking, While the Risk of Inventory Buildup After the Holiday Still Requires Vigilance [SMM Analysis]

2025 SMM China's Top 20 Aluminum Scrap Suppliers and Top 20 Aluminum Alloy Ingot Traders Announced [SMM Aluminum Industry Conference]

The Glory Unveiled! The 2025 SMM Evergreen Medal of Light in Nonferrous Metals Award Winner Revealed! [SMM Aluminum Industry Conference]

Soaring Wings, Backbone of a Great Nation: 2025 SMM Chalco Meritorious Figures Unveiled! [SMM Aluminum Industry Conference]

AnalysisMMi Daily Iron Ore Report (April 30)

ExclusiveIndustryCCIE Copper Industry Field Trip to Jiangxi: Tenth Stop - Shangrao Dajiang Copper Co., Ltd.

CCIE Copper Industry Field Trip to Jiangxi: Ninth Stop - Jiangxi KYEE Group

The 2024 List of Outstanding Service Providers for Green Transformation in the Nonferrous Metals Industry Was Officially Released! [SMM Copper Industry Conference]

[SMM Analysis: Production Recovery After Maintenance, May's Primary Lead Output May Fully Recover from Decline]

Recovery After Maintenance as Main Focus, Primary Lead Production in May May Fully Recover from Decline [SMM Analysis]

Selected News"Double Whammy" of Market Losses and Tight Raw Material Supply! Secondary Lead Production Declined in April, Can the Situation Be Turned Around in May? [SMM Analysis]

ExclusiveIndustryCCIE 2025: Award Ceremony of 2025 SMM Top 10 Outstanding Copper Billet Suppliers

CCIE Copper Industry Field Trip to Jiangxi: Eighth Stop - Jiangxi Yuexing Copper Co., Ltd.

The Top 10 Outstanding Suppliers of Copper Busbar Processing Enterprises for the Year 2025 Have Been Officially Announced! [SMM Copper Industry Conference]

AICE Aluminum Industry Expo Visiting Group's Tour of Suzhou Chuangtai Alloy Materials Co., Ltd.

【SMM Analysis】A Review of the Price Trend of Waste Batteries for Cascade Utilization This Week (April 28-30, 2025)

Selected News[SMM Analysis] A Review of This Week's Scrap Spot Price Trends (April 28-30, 2025)

Selected NewsSMM: Analysis of China's Secondary Aluminum Market and Price Assessment Methodology for 2025 [SMM Aluminum Industry Conference]

Exclusive
Industry
CCIE Copper Industry Field Trip to Jiangxi: Seventh Stop - Jiangxi JCC East China Electric New Material Technology Co., Ltd.

Analysis
Aluminum Inventory: Pre-Holiday Stockpiling Accelerates Destocking, Post-Holiday Inventory Buildup Risk Still Requires Vigilance [SMM Analysis]

Analysis
MMi Daily Iron Ore Report (April 30)

Exclusive
Industry
CCIE Copper Industry Field Trip to Jiangxi: Tenth Stop - Shangrao Dajiang Copper Co., Ltd.

Selected News
"Double Whammy" of Market Losses and Tight Raw Material Supply! Secondary Lead Production Declined in April, Can the Situation Be Turned Around in May? [SMM Analysis]

Exclusive
Industry
CCIE 2025: Award Ceremony of 2025 SMM Top 10 Outstanding Copper Billet Suppliers

Selected News
[SMM Analysis] A Review of This Week's Scrap Spot Price Trends (April 28-30, 2025)

Selected News
SMM: Analysis of China's Secondary Aluminum Market and Price Assessment Methodology for 2025 [SMM Aluminum Industry Conference]