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Shanghai Metals Market6m
U.S. Stock Market Close: Tariff Uncertainty Persists, Three Major Indices Drop Back Slightly, Netflix Surges Nearly 5%
Eastern Time, the US stock market moved downwards after a higher opening, with all three major indices closing slightly lower. (Minute charts of the three major indices, source: TradingView) At the ...
Shanghai Metals Market50m
【SMM Steel Morning Meeting Minutes】Raw Material Prices Remain Relatively Firm, but Downstream Demand for Finished Products Is Average
Raw Material Prices Remain Relatively Firm, but Downstream Demand for Finished Products Is Moderate. Mainstream steel mills in Shandong accepted the first round of coke price increases of 50-55 ...
Shanghai Metals Market23h
Just now, it surged by 374%, triggering multiple circuit breakers! Chinese assets experienced a major breakout.
The Nasdaq Golden Dragon China Index surged over 5% at the opening, the 2x leveraged China stock ETF rose over 8%, the 3x ...
Shanghai Metals Market11h
The US copper industry urged Trump: Do not impose import tariffs, suggest restricting exports to support domestic capacity.
Major companies in the US copper metal industry have urged President Trump not to impose tariffs on copper imports, but instead to boost domestic production by restricting the export of copper ore and ...
Shanghai Metals Market11h
Beware of Oil Price Shocks! Goldman Sachs Predicts a Significant Crude Oil Surplus This Year and Next.
Goldman Sachs' latest analysis indicates that the global crude oil market is expected to face a daily surplus of 800,000 barrels in 2025, increasing to 1.4 million barrels in 2026. The trade war and ...
Shanghai Metals Market11h
The Tariff Storm Sweeps Through the Oil Market, IEA Slashes This Year's Oil Demand Growth Forecast by 30%
Specifically, the report shows that the IEA now expects global oil demand growth in 2025 to be 730,000 barrels per day. In comparison, this figure was 1.03 million barrels per day in the March report, ...
Shanghai Metals Market11h
Tax data shows that China's manufacturing industry achieved steady development and quality improvement in Q1.
Manufacturing is the foundation of a nation's strength and prosperity. According to the latest VAT invoice data from the State Taxation Administration, in Q1 this year, China's manufacturing sales ...
Shanghai Metals Market14h
Changan Automobile forecasts up to 20.89% YoY growth in Q1 2025 net profit
Shanghai (Gasgoo)- On April 11, Chongqing Changan Automobile Co., Ltd. ("Changan Automobile") released its earnings forecast for the first quarter (Q1) of 2025, projecting a net profit attributable to ...
Shanghai Metals Market11h
Another Wall Street Bigwig Warns: Goldman Sachs CEO Says U.S. Recession Risk Rises, More Challenges Ahead
From Jamie Dimon, CEO of Morgan Stanley, to Larry Fink, CEO of BlackRock, more and more Wall Street heavyweights have recently warned about the significant impact that Trump's tariffs could have on ...
Shanghai Metals Market11h
Bank of America Survey: Global Investors Sell U.S. Stocks at Record Pace, "Long Gold" Becomes the Most Crowded Trade
In Bank of America's monthly survey of fund managers, the net reduction in US stock allocation by respondents was 36%, the highest level in nearly two years. Over the two-month period, the allocation ...
Shanghai Metals Market11h
Did Trump Attempt to Mythologize Greenland's Rare Earth Ore Deposits? Geologists State: Refining Capacity Is the Key
However, Minik Rosing, a geologist from Greenland and a professor at the University of Copenhagen, is unimpressed with Trump's plan to increase US mineral reserves. He emphasizes that the U.S.
Shanghai Metals Market13h
【SMM Hot Rolled Arrivals】Increase in Arrivals in Mainstream Markets Narrows
According to SMM statistics, the estimated total shipments in mainstream markets this week were 162,000 mt, up 15,700 mt WoW. By market: Chart-1: Comparison o ...